Oddbean

Oh man, this was a good one. Maybe the topic of my next meetup. Love the idea of refining base layer Bitcoin (ore) into more useful payment options via technology. I've never thought about Bitcoin value in this way, but it's true. Before you could buy pizza with Bitcoin it has no value, before exchanges it was worth less than a penny... https://fountain.fm/episode/ywKvbml1JJqUJIsrSc5V nostr:nevent1qvzqqqpxquqzqszzlu4cvqpg9kan678qy7euw7l4nqdqvs0a99llsqjff8rtrdrz5p3200

I really like the recent piece by Parker Lewis (read by nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg6waehxw309ahx7um5wghx7unpdenk2urfd3kzuer9wcq3wamnwvaz7tmjv4kxz7fwvd6hyun9de6zuenedyvu6425) and was thinking about covering it at my next meetup. He also covered it on nostr:nprofile1qqsgt0d4sa0pz0wvn9yck36xxezf3qhwzksu0q254vruqed5wvuavuspzfmhxue69uhhqatjwpkx2urpvuhx2ucpzfmhxue69uhky6t5wd6xzcmt9eshquqpr9mhxue69uhhyetvv9ujumtfde5kymmvwshxjmnxdu4ryj8q with nostr:nprofile1qqsywt6ypu57lxtwj2scdwxnyrl3sry9typcstje65x7rw9a2e5nq8sprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqydhwumn8ghj7un9d3shjtnzd96xxmmfdecxzunt9e3k7mgpp4mhxue69uhkummn9ekx7mq9hxafw recently. Might be hard to prep for by this afternoon, but itis top of mind for me so I figured I would mention it. Good luck! nostr:nevent1qqs8jjp2pvlfj7nqqdw66xt4y7gx434hr6z6zmag6xxtgaykzsjst6spz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygpjpyhvrgjce8evzx56tw6nkynu5gy5ruvq8htlvu2s2rlca8738gpsgqqqqqqsxwj3c8

Simultaneously there is no value in the thing itself. theres only a PERCEIVED VALUE, inhernet to the user. This value is a speculation on the future which in turn itself is uncertain. Its only when an exchange occurs that said value is ACTUALLY realized. Its quite the conundrum when you actually think about it and start realizing it this way. But it is how it actually works.