Oddbean

Interesting, I would love for the people from Uvita to go up to Monteverde. Good intentioned people developed a coin for local transactions. It is called the Verdes and is based in Eos if I am not mistaken.

You sound like a Keynesian. People will naturally use Bitcoin however it benefits them most. Right now, for most people in the West that means saving it for the future. It is irrational to use a rapidly appreciating asset for purchases unless you have no other option. And yes, you can spend and replace, but there is friction to some degree there. I do spend Bitcoin on occasion, but my point still stands. Saving Bitcoin is using it.

a Keynesian? what is that? agreed that not everyone has the "luxury" to spend their sats. I say that in quotes because 1BTC = 1BTC at any time, most holders don't want to spend it because they're always comparing it to an inflationary currency (USD, EUR, ...) but holders of Bitcoin who can spend it, should do it as much as possible, otherwise Bitcoin is just a gimmick, instead of an actual currency

If you leave 100usd on a table and not do anything with it and return in...say 5 years what would you find? The same 100usd, with today economy, probably even less stronger than they were 5years ago. You might want to say the same about other classic assets but is not the same. Probably more than 50-60% percent of the globe not even heard of btc, 15% heard of but don't know what is it. Who has it stack it... what is the point of having it? I swear to god I don't understand the value. While a piece of art, or a house or gold and cash for that mather (safe heaven assets), have a teoretical value, but that value can become tangible when you sell that thing. Same goes with btc. You look at your wallet, probably dispay is showing usd 😉 because 3.543375btc means nothing but 80000usd do and you are proud. Guess what that is a theoretical owned value. Unlike your bank account these money are not actually in your posession. To lift btc of the ground we need to start moving them around, gain some network effect, it been 16 damn years. C'mon.

القليل من بيتكوين الطريقة السهلة لإستخدام بيتكوين في الحياة اليومية #bitcoin #Azteco nostr:nevent1qqszf9kxsjzjqj574kfqj7hjrmyu90wjsdwxjqemxyzw5qlukttsz9gpz9mhxue69uhkummnw3ezuamfdejj7q3qsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63qxpqqqqqqzy6rm74

It makes me a little bullish on bits. Well done Azte.co ! nostr:nevent1qqszf9kxsjzjqj574kfqj7hjrmyu90wjsdwxjqemxyzw5qlukttsz9gpzpmhxue69uhkummnw3ezuamfdejsygyzxs0cs2mw40xjhfl3a7g24ktpeur54u2mnm6y5z0e6250h7lx5gpsgqqqqqqsj78xmf

Yes, it works for me. You pay a premium, but that is the price for no KYC. As with anything, do your own research and be familiar with how it works and what is required. If you feel comfortable make a trade, or don't.

nostr:note1yjtvdpy9yp9fatvjp9a0y8kfc27a9q6udypnkvgyagplevkhqy2sul63zk เท่าที่ลองไปส่องดู เป็นช่องทาง dca btc ยอดน้อย ๆ (onchain/ ln) ได้อีกทาง (buy coupon --> redeem btc) ปล บางเว็ป รับ QR payment ด้วย

I notice the English seem to love the word "bit." At least least they seem to to use it a bit more than Americans do. Given the name "Bitcoin", might that point to Satoshi Nakamoto being an Englishman? 🤔😄 #asknostr #bitcoin

The Azte.co rebrand looks great honestly.. nostr:nevent1qqszf9kxsjzjqj574kfqj7hjrmyu90wjsdwxjqemxyzw5qlukttsz9gpzemhxue69uhhyetvv9ujuum5dahx2u3wvdhk6q3qsg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63qxpqqqqqqzt43efg

I dunno Jack, I'm one of those "Change my mind" sort of folks, or at least, in a 'change my mind' rut. I should prolly take another look at Bitcoin, coz it just never seemed viable as a currency since mine were given to me via DALnet years ago, and after playing for a bit (no pun intended) tucked them all away on a paper key when they were worth less than 40 cents each. I've admired and love using one of the oldest cryptocurrencies out there for the longest time - XLM. It's fast as lightning (in my experience, settles in about 3.5 seconds), and is affordable for everyday transactions of virtually ANY size - at an average over the years of 12 cents each, every XLM transaction costs exactly 0.00002 XLM. That's an awful lot of transactions before you reach a penny. And it's also the international standard (still, if I'm not mistaken), being the official crypto used by MoneyGram worldwide. To be fair, I haven't looked at the whole Lightning thing, so BTC to me is something that takes at the very least, hours to settle, and can cost $15 or $20 bucks to buy a $1.00 Can of Coca Cola. Maybe part of my problem is that when I dismiss something, I don't often take the time to go back and look again for a VERY long time - so if enough has happened in the past 10 (or even 5) years to dispell the notions I have about how unwieldy Bitcoin is, I'm all ears and interested in following any rabbit holes that support that. In the meantime, it's just been too much bother pricewise (transactions) and time-wise (settlement), and if I want to put up with that kind of inconvenience, I can opt instead for a privacy conscious currency such as Shielded ZEC or XMR. I realize that there may be advantages market-wise, but I don't use anything but non-custodial means of managing my currencies, have no reason to cash out via a CEX, and prefer instead to buy and sell goods, services, in crypto when I can - I do use DEXes, however, when I need to exchange from one currency to another - it may be a tad more costly, but I never touch anything regulated by insisting that there be no comingling of regulated verses non-regulated assets.