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30 sats \ 0 replies \ @elvismercury 1h \ on: A Treatise on Block Space Economics | Jameson Lopp — Lugano’s Plan ₿ Forum 2024 bitcoin
Phenomenal. Would be great if this were a furious conversation over the next few years so the arguments were well hashed out and the data made clear and widely disseminated
Given the nature of the "other things" I would appreciate if he continued to not talk about btc anymore.
41 sats \ 1 reply \ @elvismercury 30 Jan \ parent \ on: Separate Money And The State - Ron Paul econ
Ah dang, I am a dumbass. I scanned the article, then did a search for "gold" and "bitcoin". :/
I read a super fascinating take on the Chinese startup industry, that was something like:
American model: one startup survives, becomes quasi-monopoly, industry sparse, founders / investors gets insanely rich.
Chinese model: a number of startups survive, compete viciously, costs crater, founders / investors make little money, industry vibrant, consumers benefit.
I don't know enough to defend either perspective rigorously, but it's a very evocative expression of different kinds of outcomes, and how you can optimize for different things, and how foundational stuff can be invisible to the people inside the system.
I like how the free market determines what an appropriate premium is for an asset. For example, if you want to buy bitcoin with a US amazon gift card, expect to pay a 4 or 5 percent premium. For a google play card, I have not seen a premium lower than 15 percent.
This is interesting. I'm ignorant in such matters, is the premium just bc there are way more things to buy on Amazon? Or some other reason?
Powell's comments were all about "crypto". (He mentioned bitcoin by name, bc the question was about bitcoin, but then the rest of his answer was about crypto.) Bitbo is whitewashing the fact that bitcoin has no particular prominence (vs "crypto") in the public discourse -- it matters a lot to bitcoiners, but the world at large isn't making the distinction.
Have your "stupid thoughts" evolved at all as a result of blogging? Have you made any connections as a result? That's the part that's so intriguing in some of HK's articles, the idea that you're sending out a bat signal to the world.
You have to admit that it would be kind of awesome if the circular economy that actually took hold in the world was centered on Trump. Like, I wouldn't enjoy it, but would see the deep Rightness in it.
I admit I was a little worried that the bagholding instinct would result in Trump's idiocy getting a free pass, as long as NGU. It's heartening to see that the spirit is still alive.
Favorite part:
It is good for the soul to have a place where being just the way you are is normal. And it is a service to others, too. You'll be surprised how many people are laughably similar to you and who wish there was a place where they felt normal. You can build that.
Funny how it can be at $100k and this story still reads like the old days, when you'd have to send moneygrams to CVS or whatever that was.
I don't quite understand what he's proposing. A fund (like, an investment fund? Or a food-drive / fund the homeless kind of fund?) to distribute money to nostr client developers to collaborate on stuff?