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0 sats \ 0 replies \ @clr 30 Apr \ on: What would you do, if you were in the team behind SN? meta
I'd like to be able to zap sats to those who can accept sats, even if I have enough CCs I'm my account.
They have been offering this for ages outside the US, as well as their competitors. And they don't ask for ID verification. Precisely one of the points of using cash is to remain private.
And calling cash "exotic" is pathetic.
Yes, it has acted as a lifeboat. Yes, it's volatile. Just look at how the life raft bounces up and down with the waves and compare it with the "stability" of the sinking ship. And in the lifeboat there is no heating, no light, no roof, no drinks and no orchestra. The purpose of the lifeboat is to save lives, not to be comfortable. Comfort will come in due course (UX is improving, LN is becoming more reliable and volatility is decreasing).
The euro is very comfortable. The comfort of the boiling frogs. But any politician or bureaucrat can take away your comforts with a keystroke if they don't like you or fall out of favor or whatever. If you don't have a place in the lifeboat, you will have to jump straight into the freezing water (or stay put and listen to the orchestra until the end, while you pretend that everything is fine).
Of course I've thought about that. It's like selling your place in the lifeboat to try to buy it later at a "lower" price. Or like collecting cents in front of a steamroller.
I know someone who mortgaged their house to buy bitcoin, panicked and sold everything during the covid crash, had to pay capital gains tax and then bought again at more than 2x the price. Hope it serves as a cautionary tale.
I also know several people who had been "trading" and admitted that had they just held, they would have come out the same or better and with much less stress. Time in the market is more important than timing the market.
Nice! There is a similar app for Thailand: https://plebqr.com/
They did the same during covid hysteria, when people would brigade-rate 1-star shops that forced customers to wear masks or vaccinate. This is not new.
For instance, when governments and businesses started requiring proof of COVID-19 vaccine before entering certain places, we put extra protections in place to remove Google reviews that criticize a business for its health and safety policies or for complying with a vaccine mandate.
I'm not the one shilling Yemen or China.
Across history, borders have been constantly changing and sovereignties have been created and destroyed. Yet I am being asked to accept the current arrangement as optimal and as if it were to be eternal.
It's not optimal (it sucks) and it will change (the only constant is change). People holding on to the current status quo are just hoping it holds until they die.