Damus
Open in Damus
ZEAL profile picture
ZEAL
@ZEAL

Fan of Cyberpunkhardware.co

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Recent Notes

jimmysong · 33w
There will always be cheaters. The question is do you let them get away with it or punish them?
 ZEAL profile picture
ZEAL @ZEAL
This is the biggest problem I can see right now. Treasury companies with no proof of reserve. Of the top 20 companies only Meta Plannet and XXI are doing it. Anyone without it is suspect. Would you take someones "attestation" that they had the money instead of just a pubkey... No.. Anyone who thinks this is ok is clearly cheating. "oh its ok, I don't need easy cirtainty, i'll take your word for it regarding the thousands of bitcoin"
Jeff Booth · 154w
Kind of - What it means is that the “real” value of #Bitcoin goes to infinity even as energy and processing/or the cost to produce Bitcoin falls. 1 bitcoin equals 1 bitcoin Ie - everything else ...
 ZEAL profile picture
ZEAL @ZEAL
yes, so I think I was thinking very long term here, wild futurism. So mining and saving bitcoin is attainable for people who realy want it, but its still competitive due to difficulty adjustment and an open market. In this kind of hyper bitcoinised post scarcity world, the real value of bitcoin continues up related to "agregate productivity" x "human factors", and people might just get the price that they deserve.