As much as i love Bitcoin, the end goal it’s an utopia, its just deep web with extra steps, the flaws of the both internet and mobile networks are not secure by design, in order to achieve what all bitcoin maxis want you will need to reshape all from 0, but of course blindly thinking that all shitcoiners are bad it’s not good for the brain, for example what is bad of Vitalik saying “we need one phone one node”? Can you apply that to Bitcoin? Starfish network design, Of course that’s the true decentralization, but again as much as you will combine and try to do something innovative the end goal and human nature will make the road paved with good intentions and will end up bad, as much as i love bitcoin, everything in life it’s a pyramid scheme, pioneers will always be there and DCA on btc it’s compound interest in its purest form if you analyze it, funny, According to the biblical account in Genesis 11:1-9 (funny equal 21), the tower was intended to reach the heavens and serve as a symbol of human pride and unity.

Now if the bad actors join, the role of maxis probably in the future will be to maintain en equilibrium between good and bad, but for how much time can they do that, you will end up like a theological monk end materialistic thinking just to maintain an order so, Vatican 2.0, mathematics it’s a belief system it’s a religion, the AI just pretend it’s logic, ritual of work it’s active and very strong.

Mathematics are well and good but Nature keeps dragging us around by the nose. Albert Einstein

which reminds me the Iggy Pop lyrics: "The fish doesn't think. The fish knows..."

Memorization of things without understanding its indoctrination.

The current system operates with fractional reserves and they allowed this : Reserve Requirements

As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.

So wtf they teach if a bank can lend money that they don’t have? 😂😂😂😂😂

Today I learned that in the late 19th century, some banks in the U.S. issued their own currency notes, known as "banknotes." These notes could vary widely in design and value, leading to a confusing system until the federal government standardized currency with the National Banking Act of 1863.

Hi 👋 Welcome to SN !

In that case what is bitcoin value then? Let’s ask @DarthCoin

Yes and that will be the blockchain used for authenticity of yourself

Just imagine an Bitcoin ETF and even worst an Ethereum ETF …. Ohhh wait….

You acting like a kid 👦

I think Binance logo speak a lot.

removing sales taxes on purchases of gold, silver, and other precious metals above $1,000 effective January 1, 2025, interesting 🤨

DOJ stacking tether