Oddbean new post about login | logout If Bitcoin cannot be used for everyday transacting around the world, then it will fall short of that separation, since we will all still be dependent on banks to facilitate payments, and all the regulations that come with that.
Regulations will be designed as a service rather than a constraint. They will probably be designed and implemented by private parties rather than governments or large state-aligned institutions. By appreciating faster than every other money out there, bitcoin will make onerous, unnecessary regulations too costly to enforce. This is the subtle but critically important point and why NGU is all that matters. NGU aligns the incentives of consenting parties.
Ngu is all that matters to the monied elite. Neither you nor them care about others suffering.
I care about NGU the least. It doesn't address the issue with payments, and Bitcoin seems to be getting further away from that. I'm not familiar with the world in which bankers would allow private parties to set monetary policy. I mean it sounds great, but as long as they can continue to exercise control, the only way they're letting go of that is with a war, which as history shows us, they have no problem with. Would you go quietly if you were in their position? It's only the peasant killing each other for the their interests. 😂
Every social issue we’ve seen play out since covid is them fighting bitcoin and our freedom. They can’t fight it directly because of Streissand Effect. But if you look at EVERYTHING going on in our world through the lens of their money is broken, has competition they can’t eliminate, and they know they’re losing it all makes sense. Greed is good. It aligns incentives. It funds projects, bring new entrants into the ecosystem, etc. NGU is literally all that matters. Everything good comes from people looking out for their own best interests and the interests and those whom they love and care about. NGU for the win!
You embody everything wrong with the btc community. Like I said, you clearly do not give a single fuck about anyone or anything but yourself and your ngu.
When they bring back covid tyranny, which is being put back in place as we speak, what the fuck is NGU gonna do? When forced injections become a thing, and they will, what the fuck is NGU gonna do? And when your door is kicked in over self-custody, and that will happen one day, what the fuck is NGU gonna do? NgU fixes exactly nothing.
NGU will keep them from being able to afford kicking down doors…they won’t be able to pay enough people to kick down the doors. I can tell you’re frustrated about something. Truly sorry you’re angry about it. Hope things get better soon.
wow, you are seriously fucking stupid. They can print at will. They have all the money they need. And the dollar is going NOWHERE. Nearly all global debt is in dollars. Until all that debt is gone, and no more dollar based debt added, the dollar will exist because there will be demand for it to pay debt. And yes I am frustrated. People like you are everything wrong with humanity. And you are one of those who btc changed into a fucking brainwashed piece of trash who cares about nothing but ngu.
I guess we should just give up y’all, governments are gods. Game over 🤣🤣🤣
clearly you are too fucking stupid to understand my point. Fuck off and move on. You are a waste of time.
I told you how to destroy the state. Once you know, no reason to be so afraid. You are staring at the problem instead of the solution. Let go of your ego a little bit and you could learn something that helps you, and everyone else. Or you can try to defend your ego and remain a poor slave.
seriously, you are a fucking clown who doesnt know shit. Stop wasting my fucking time
Marxists that can’t defend their ideas, attack the person, instead of the idea. Vote harder, I guess, and good luck 🍀
oh so Im a marxist now? Yea, you are truly fucking stupid and brainwashed. You are the typical statist sheep who thinks anyone who thinks differently must be this or that.
No, I said nothing of the sort. You are using the same technique of someone who doesn’t have a rational argument (such as marxists): name calling and emotional. Private, free market money, destroys fiat dogshit, which collapses governments. Governments are censoring and jailing people who want freedom. That wouldn’t happen unless we are winning, and they are scared shitless. You don’t see that as winning, fine with me. Just hoped you could learn something is all. You can’t drag 8 billion sheeple through the fence. Most of them don’t want to be free - it’s too scary. It will take generations for that shift. In the mean time, I don’t need to stay on the tax farm. And I don’t feel bad about it, it’s not selfish, it’s what a man should do for his family.
You're exact words. Marxist, vote harder. You are brainwashed and have zero idea what marxism is if you think any of this conversation impies Im a marxist or a voter. Move on, you just keep proving me right. https://image.nostr.build/811c083a1c1d66034508af627904f205691816392c6dd01bb18df1174279bbe7.jpg
I been defending my point. You're too fucking stupid to understand it.
“When they bring back Covid tyranny/forced injections…” sorry but that isn’t your problem. I mean if you want to fight back like Uncle Ted, by all means, go for it. Sheep on the farm are going to get slaughtered…that’s just nature. Do what you can, but you can’t fight the wind, brother.
Covid tyranny is everyone's problem. But you're winning so who cares about anyone else.
I use #Bitcoin all the time for payments. Zaps or Strike lightning option. Easy breezy.
Well, as long as you have it all figured out that's all that matters? Thanks for proving my point
You don’t use zaps?
Owning and using bitcoin is not the same as being a cult member who only cares about ngu.
Agree. MoE is critical to adoption; however, the tools are in place. They are easier to use than a credit card and Apple Pay. So we just need to do it, I am. My comment was responding to: „If Bitcoin cannot be used for everyday transacting around the world“. It can. It is. It’s easy. The rest is up to us.
Ah, hard to tell who is replying to what sometimes on here.🤘
Anyone can create an invoice and accept #Bitcoin
Hahaha. Not today. Yet
