Oddbean new post about login | logout Hot-Take of the Day: What replaces #bitcoin in the future? 👀 #asknostr
Bitcoin
Friendship.. everything is free, all the world lives like a big family, everyone has everything, cause everyone needs less. We created Utopia.
You cannot make matter out of nothing, so there can be no such thing as "free". Everything has to carry a cost, by requiring work, otherwise we would quickly deplete the planet.
That's why I used the comparison with a family. You do work and create value for your family, but you don't ask your relatives moneybin return, you just do it. It's not "free" because there is no work behind it, but free because you don't pay for it, you yourself will create and give value in other way.. and since it's likely impossible since everyone should act in a way like every other humain being is so close and dear to you like your kid or your mother or grandma, that there is nothing you will make them pay for, and the same will be done by them to you. Hope i did express myself better
What about when we're a kardashev type III civilization?
ETH
ETH might coexist with BTC and #sats ⚡ , but ETH won't replace them, silly! Long-term #Bullish #bitcoin Long-term #Bearish #shitcoin Most memecoin posts are scams and boring! #Ethereum #blockchain is NOT a #scam and it might coexist with #bitcoin #blockchain at least for the foreseeable future IMHO
I think Bitcoin and gold will both remain the two soundest forms of wealth and safe harbour there is. It's like yin and yang. Bitcoin for the digital world. Gold for the physical.
There has already been a gold ownership ban in the USA. The possession was made punishable. Many people had to carry the gold to the bank and got money or securities for it. We have to expect that Bitcoin ownership will also be punished sooner or later. Governments will do everything they can to make life difficult for bitcoiners.
Heaven.