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21 sats \ 0 replies \ @CheezeGrater 15 Nov \ parent \ on: Bitcoin cold war bitcoin
If the value per unit becomes too high, we simply divide it again, ever heard of milli sats?
So long as transaction fees aren't an issue, the value per unit doesn't matter to everyday use, just that the value is stable.
That's the beauty of states stacking, they will accelerate the devaluation of their own currencies.
States having sats does not equal states controlling Bitcoin, it does however shift incentives away from fighting Bitcoin, especially if they are competing with each other in order to have some.
We might need to speed up layer 2 improvements if we want to keep decentralization up though, if states do start stacking hard it's going to become very expensive to manage channels.
He is stating a likely reality, Bitcoin is for Everyone with a capital E... that means states as well.
Please share how you propose stopping states from stacking?
This is my favourite - https://www.youtube.com/@HowtoADHD
Do everything as if you won't have a chance to do anything greater!
That's how I interpret it at least.
37 sats \ 2 replies \ @CheezeGrater 29 Oct \ parent \ on: Would you rather travel in space or time? AskSN
I want what this guy is smoking
When it's not too important stuff like this then summaries are cool, I don't really have time to DYOR to this depth
Don't bet if you don't have a prediction, and don't tell me what to do with my sats.
Prediction markets are useful tools:
#722513
I have one store where I can buy groceries with LN and it's almost just as smooth as using Fiat. I consider the (slight) fees an investment into my own future.
Historically there has been a major uptrend in quality of life, on average at least, and we've managed to overcome the issues we create by solving other problems.
I don't see a reason to think of now being different than before.
A lot of what contributed to my care rating is that I believe prevention and rehabilitation are more effective than cure and punishment from what I've seen over the years.
39 sats \ 3 replies \ @CheezeGrater 30 Aug \ parent \ on: Review: The Righteous Mind BooksAndArticles
I think care and fairness are more closely linked to my personality than my ideology, not that you can really separate the two.