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0 sats \ 1 reply \ @btc_remnant 3 Jun \ parent \ on: Summarizing my thoughts on ecash bitcoin
ecash notes don't have any value without the trusted party!!
Literally no difference? You can take custody of your Monero, and the network is decentralized, but ecash tokens are without value once the mint is taken over.
I cannot speak for other countries, but here people put a 1 cm layer of chemicals into their skin, and I don't sunburn without using it, so I guess it's being overused.
Also, filtering some parts of the sun while letting other parts pass thru, is studied to give you cancer, so I always recommend taking the full spectrum.
I still cannot understand the hype in the developer community. I tried Github's Copilot 6 months ago, and several plugins with integrations to ChatGPT 3.5 and 4 a few months ago, and for me the experience has been very bad. At most, it's a better auto-complete, but not so much better. The only time I've seen it saving time for me was when trying to write a "If this element is not in this data structure, then add it", which anyways would have taken me 20 seconds to write...
But looking at some people telling how AI is "making me 10x productive", or "not using it is like typing with just one hand"... I just cannot understand it.
Last week I asked one of those "10x faster" people what IDE and specific model he was using, to try and see if I'm doing something wrong, and he replied me "ok, if it doesn't work for your specific workflow, then too bad".
So no, I don't think our jobs are going to be taken by AIs anytime soon...
I don't think so. Technological deflation enables the government to print more money without the people noticing price increases.
So for example, if computer companies figure out ways to build computers 10% cheaper each year, even if money inflation is 8%, the price of the computers will slowly decline 2% a year, so consumers are happy :)
Yeah, you can only say "MoE is a distraction" if you only use Bitcoin like "just another asset, which is a very good asset because it's designed for NgU". And we have one here in Spain saying the same in YT channels, conferences and TVs...
Bitcoin can only give you freedom if you're able to use it without permission, and when cash is banned. So you MUST be able to SPEND it. If the distopic situation happens, and all the on/off-ramps are closed, wtf are you going to do with your "asset", even if you have it in a cold wallet? What are you going to do with your "asset" when they tell you "500 grams maximum meat a month per person"?. "You can always move to another country where Bitcoin is not forbidden". Yeah, but people cannot fucking move when they want. We have families, we have jobs, we have friends. I don't want to move to the other side of the world with my "asset" to be able to feed my children...
I agree here with Gregg Foss: this is not about me getting rich. I could have that if BTC does a x20 again... This is about our children. I want to die peacefully knowing that there is a new world of freedom, and that my children will have a good life, irrespective of who is ruling the country. By the way, Saylor does not have children, and I think the same is true for our national Saylor...
Maybe the difference is taxes. I think taxes in USA are lower, but the state provides less services.
In Spain, just having an average salary, the state takes 50% of the money your company pays you.
Hey @pako!
I think you're maybe in a stage like mine (I don't know if you saw my 2 posts here).
"I love Bitcoin, but I hate bitcoiners" is what I say lately. I cannot believe we have to witness what we're witnessing. We've passed from saying that Monero is a shitcoin, to saying that the future of Bitcoin scaling is using a token that a guy minted in his basement with his raspberry, and that it needs to be integrated in every wallet. Now you only need to wait for the guy to have a broken SD card, or in the bigger cases, the FEDs to raid his home and take all the electronics. Boom! Money lost. So much for scaling Bitcoin!
I've never used Monero up to today, but I will use it before using eCash tokens or Fedi. That's for sure!
I think in the end, most bitcoiners are here not because of the freedom (the cypherpunk way), but because of the NgU. You only have to see big OGs shilling ETFs, Microstrategy stock, or "$1M before end of year". It's so frustrating, and makes you think if people proposing other advanced scaling solutions are wrong, or we're wrong because we've been following the wrong people... right?
And I wasn't expecting that from bitcoiners
What were you expecting after latest accomplishments? Shilling custodial solutions (eCash, Fedi), custodial "Federations" (Liquid)... Half of bitcoin influencers and podcasters selling their MSTR stocks that they bought meanwhile they were telling you "100% in Bitcoin and I'm never selling", and the other half buying BTC ETFs because "it's almost imposible that BlackRock falls, it's too big".
What a shit-show...
Yeah, we have a meetup, and we have a few places to buy some drinks with sats. But beyond that, I almost cannot pay for anything with them...
I guess the most important outcome of the question and the set of answers is going to be something like "Then why don't you do it today, even if the world is not ending"?
I'm not good at that. I ask if they accept bitcoin at places where I buy, but they laugh nervously, like if I asked "Do you sell cocaine?" or something... So what would you do there?
Very inspiring!
I'm very envious to see that. I live in a 5 million people city and I can't barely use my bitcoin to buy anything...
Thanks a lot for bringing this :)
Indeed. When I walk on the street, if there is a La Caixa office nearby, I cross the street, just in case...