@davidw204
1,865,023 sats stacked
stacking since: #50879longest cowboy streak: 204npub1xfp0e...p0dsxae7an
0 sats \ 0 replies \ @davidw 9h \ on: Bitcoin in a CBDC World bitcoin
The CBDC product is a symptom of the black hole financial system that exists today. No one wants it and yet it’s growing in influence, in order to continue surviving. Destroying everything in its path and creating massive distortions in order to ensure that existing wealth does not escape its grasp, with conditions of spend.
Bitcoin is its own system. To acquire bitcoin in a CBDC world will require providing PoW to either the network (mining) or to existing participants. It is expanding and emitting light, like a white hole as described in #360669.
Currently we are somewhat privileged that a bridge or portal exists, connecting both systems. I don’t believe it will always be so, for everyone everywhere.
So yes, liquidity may be reduced for several years, but would it be the end of the world, if you could buy 50% less freedom vs absolutely none at all?
Awesome! Welcome Lucas. enjoy the sats & you hang around and get to share your ~devs stories & wisdom with us ⚡️
I genuinely think a lot of them have never even used the site. Certainly not recently. Nostr is their exclusive social space. Each month the team here is building more bridges and more touch-points to the protocol. Know you will continue shipping & integrating.
When all is said and done Stacker News may be the biggest platform to bring people to Nostr. Perhaps you have some strong metrics around that already. Number of user auth pairs, cross-posts etc. Almost all negativity comes from ignorance, not from insight.
You’ve secured a sustainable product that will be around for years, whilst many on Nostr are disillusioned at the lack of monetisation opportunities. They will come around. I know you know this but all they lack is such insight 😄
I hear you on that. That ‘meme’, if you can call it that, was tongue in cheek and meant to motivate us to all zap more on Nostr.
Long-term it’ll happen, there just isn’t quite the incentive structure just yet at the protocol level.
Welcome ⚡️and enjoy the sats! Look forward to hearing your opinions and reading your tips in the ~devs territory
Amazing. Any intention to allow other apps to hook into SC? Know you’ve open sourced, but might be more accessible for small teams.
Welcome ⚡️enjoy the sats! Curious what’s your sweet spot for development? The ~devs territory may be for you…
What is one of your biggest fails, building in Bitcoin?
Any learnings for stackers or businesses that you’d avoid today?
Nice name D.
Do you foresee exchanges becoming less and less impactful and more of a saturated market as time passes?
Regardless, what is the long-term vision for BullBitcoin as you look beyond just helping people climb onboard the life raft?
Welcome to SN ⚡️best of luck with the fundraising and with the ranch.
Love these analogies. If I’m interpreting correctly…
- Bitcoin coinbase tx ~ white hole / big bang
- Mempool ~ Dark energy
- Transactions ~ All physical mass
- Sats per byte ~ Speed of light
- Boating accidents ~ Black holes
- UTXO set / block-count ~ Spacetime
I touched on just the 1st in #360669
Welcome ⚡️enjoy your first few sats! Fun first post the other day btw #510494 - you might be interested in this SN post touching on a similar theme Bitcoin is not just a black hole…
It could be argued that those in the west have been partially living in an abundant world the last 20 years. Albeit with some very large distortions. Food & clothing has been abundant for some time and that has led to some strange cultural issues like obesity and fast-fashion.
Housing & energy hasn’t been abundant, but feels like is in dire need of bitcoin to demonetise and monetise respectively. Bitcoin is also creating a healthy counter-culture.
Abundance sounds like something we should strive for. It sounds great. Yet we also need values, morals, critical thinking and productive people for abundance to generate a healthy society. If there’s one learning from this century, that would be it for me. The return of morality. Otherwise we run the risk in an era of increasing abundance, of creating more scarcity of meaning in our lives.
25.2k sats \ 2 replies \ @davidw 22 Apr \ on: Meme Monday - Best Bitcoin Meme Gets 25,000 Sats bitcoin
Welcome Valentina. Enjoy your first few sats, and don’t be afraid to post about your community & work here on SN. Even if just in the daily thread for now.
Glad you found the right technology to help you with your mission. Vamos arriba 💪
Bienvenido Chris. Enjoy your first few sats in the ~photography territory. Hope to see you in the daily thread in the coming weeks ⚡️