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0 sats \ 0 replies \ @SpaceHodler 1h \ on: When Bitcoin hits $100k, go out and buy a new pair of headphones bitcoin
No, thanks, I'll use my 10 year old headphones.
When it hits $500k I'll buy a chair first.
They're going to zero against bitcoin, but when most companies are it's not so obvious.
I think smaller companies will adopt first.
Also, when MSTR becomes the largest market cap, it will be easier to see how much sitting on fiat sucks.
I drink lots of kefir.
Quinoa sometimes too, it's a common staple here.
Açaí I've only had in Brazil, but they put godawful amounts of sugar in it. I consume blueberries more often.
I am on Reddit for the value provided by some niche subs, some of which have zero overlap with the topics discussed on SN.
I'm not in r/Bitcoin, because it's fiat-brained, statist and cucked.
The empirical methods of mainstream econ work with data, once data has been collected.
The a priori methods of Austrians have the benefit that they're suitable for analyzing new phenomena, such as Bitcoin, before there is data on it. Satoshi had to use Austrian, a priori thinking, to create it.
But now we have 16 years of data too, and I think it's easier to spike most people's interest by showing them the data in the form of an NGU chart, than it is by getting them to read the white paper and understand the game theory :)
Which is an example of how empiricism can be useful.
128 sats \ 4 replies \ @SpaceHodler 13 Nov \ parent \ on: Wanted: Critics of Austrian Economics econ
Austrian econ is more like discrete math. It's interested in what happens at the margin of whatever it is that is being analyzed. In particular it's interested in:
- Border cases
- Qualities rather than quantities
- Relative comparisons rather than absolute values
- Partial orders (e.g. those formed by "if x then y" relations)
- Directionality (↑/↓) or sign (+/-) rather then rate of change
- Finite domains rather than functions over continuous sets
- Asymptoticity of recursive functions (which game theory is a study of)
The human element introduces non-determinism.
It's good to know what the left believes, and what probably most people believe due to MSM anti-Bitcoin propaganda.
It explains why it's so hard to orange-pill the average person: they're not simply disinterested, but actively prejudiced.
I think the way archive.is works is people who have a subscription open the link and the site archives the contents of the page.
So it's not guaranteed to work every time, only when someone has archived it already.
That's one of the reasons for MSTR to keep their software business.
S&P is incentivized to approve it. They want their index to grow. If it's included in QQQ but not S&P, they may see outflows.
21 sats \ 0 replies \ @SpaceHodler 8 Nov \ parent \ on: Meme From My Democratic Friend Politics_And_Law
Only a week before? He had been leading the prediction markets for months.
However thos slso means that Social Media in Australia will be KYCed from now.
Why only in Australia? They need a proof of address from every user in the world to confirm they're not in Australia and therefore exempt.
Technically, Ark is non-custodial. An ASP can't run away with users' funds, except when the user is not online once in a 4-week period (the time period can vary from ASP to ASP).
I found this bit confusing, because "once in a 4-week period" means "once". In other words, "An ASP can run away with users' funds if the user is not online all the time".
Did you mean "once for a 4-week period"?
Exiting might be expensive though in a high-fee environment.
Exiting shouldn't be needed unless you get rugged, right? And the ASP is not incentivized to rug you, because you'd still exit and they'd run off with nothing.