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0 sats \ 0 replies \ @fiatbad 2 Oct \ on: Simplicity is sometimes better Design
Red. It looks rich, and valuable. Classy. Desirable.
Orange is just a meme.
A meme that won't even be remembered 100 years from now in a world where everyone uses Satoshis as a global unit-of-account, but only the historians know where the term "Satoshi" comes from.
But you should also refuse to accept it
Yes. How many Bitcoin entrepreneurs and business owners are doing this? Not even the Bitcoin conferences are. It's fucking shameful.
(I'm not naive. I know it's a mountain of a task. But for fuck's sake, it's a moral imperative and it's the kind of hard thing that's worth doing.)
This.
But it's kinda hard when the ones who have the Sats say stupid shit like "spend the weak money first", or "... but don't I have to pay taxes on this coffee purchase?", and other such government-simp, conformist comments.
They're probably in the planning stage, where managers envision ridiculous requirements without consulting the engineering team, but can't wait to tell the marketing team about their "brilliant" idea. 😂
Why has the number of merchants in Roatan been DECREASING on BTCmap.org over the past few years???
Or, at the very least, it's been exactly FLAT.
I was told it was a Bitcoin paradise.... but every time I visit, I have a difficult time spending Sats.
What is keeping adoption there from taking off?
Maybe I didn't try hard enough, but when I went to Prospera, it was difficult to get in. Armed guards and such. AmityAge coffee shop was the closest I got. I know I could have tried harder, but based on BTCmap, it looked dry anyway.
Coming from a cruise ship was part of the problem. I had too little time to explore.
US liquidity conditions have been negative for the past few months. Sure, if you remove the US numbers, global liquidity is positive lately. But sense the US is such a large portion of it, I think their negative liquidity move has probably caused a negative global liquidity move on average.
That negative trend is bottoming now, and will likely head higher from here. Bullish for Bitcoin, in USD terms.
I think the most elementary example would be the ability to prevent collapse during difficult times. The ability to "stimulate" the economy by flooding it with more units, during times of fear... or war. Backstopping banks during times when bank runs would be the norm. The ability to "smooth out" the downside risks. The ability to win wars by siphoning wealth from citizens instead of directly taxing them.
It sounds silly as fuck, because it is. But this is the kind of shit I was taught in Economics class. It's the kind of shit I keep hearing over and over in anti-Bitcoin forums. Peter Zeihan on Rogan a few years back. These people actually believe that there are pros to having a flexible money supply.
I used to think it was a 60/40 balance between the pros/cons on this subject. But the more I learn, the more I can't see ANY pros at all with a flexible money supply, as you said.
I think many people on both sides of this debate are thinking too binary..... too extreme.
There are pros and cons to both. A non-elastic supply does offer a few negatives. But the pros of a fixed supply vastly outweigh the cons in my opinion.... and in the opinion of most people here on SN, I would bet.
Proponents of an elastic supply never seem to be able to steel-man the other side of the debate. In other words, they dumb AF.
Good question. I guess I was kinda giving up on the idea even before I started doubting the veracity of Christianity. So it had to be something else.....
I've always been interested in so many things that I could never settle on any single profession. I think I switched my college major a dozen times. My 20's was just a mess. No direction. But.... I never stopped learning, reading new things and experiencing new things. So, I don't regret the "mess". Maybe that's exactly what a young person should do.... experience and learn as much as possible instead of focusing on a single discipline.
Eventually, it was reading a few key books that made me turn from Christianity entirely.
I spent most of my life around them, and I was one for the first 25 years of my life. I was even studying to go into ministry.
I think that people would act differently if they really KNEW they were headed for a better life after this one. Sure, there are a few examples of martyrs who do exemplify what it would look like to truly know for certain. Just like there are a few Bitcoiners who move to El Salvador or Costa Rica.
But the vast majority of Christians don't live it. And I don't blame them. The evidence for Christianity is piss awful. The true believers don't have evidence to believe, they're just so stupid that they don't require evidence. Like the Heaven's Gate cultists.... you gotta be real stupid to be a martyr for something so obviously fake (Christianity).
"... sooner or later you're going to realize, just as I did, that there's a difference between knowing the path and walking the path." - Morpheus
If we were using Bitcoin for more than speculative investment, we wouldn't have to evangelize at all. We could lead by example, by refusing to use (evil) fiat money, and going out of our way to spend and use Bitcoin ONLY. We could be a principled and virtuous people.
This is the best advertisement we could possibly do. Be the change we want to see, not just talk about it.
The Christian apologetics analogy is perfect. If Christianity were true, it wouldn't require ridiculous mental-gymnastics and apologetics to convince others. Christians would live differently. The world would look different.
But Christianity is just a story. Bitcoin is just a story.
At least Bitcoin is real and does have the potential to change the world for the better. But Bitcoiners themselves aren't acting like it. They're acting like Christians, telling stories, going to church on Sunday, and then doing fuck all the rest of the time. (spending fiat and whining about how hard it is to switch to Bitcoin "for now")
The technology already exists.
There is simply no incentive for companies to create a fully conscious, sapient-like, humanoid. It would be an ethics nightmare, and provide no profits. Instead, companies are focused on building out non-generic AI and robotics.
Fiat is still alive and thriving, more than 15 years after Satoshi tried to change the world. Bitcoin is not threatening it in any serious way. 99% of it is still traded in a KYC manner, and merchant adoption is not seriously growing.
Sure, it takes time. But the trajectory is not going in the right direction anymore. Bitcoin is failing, imo. It's taken me a very long time to come to this conclusion.
"The Creature" cares about two things more than anything:
- KYC cannot be threatened.
- Money printer cannot be threatened.
RoboSats should be handling magnitudes more trading volume by now. But it's not, because Bitcoin is failing.
Bitcoin started out as a threat to both of these. But it appears to not be threatening them much. It still threatens #2 somewhat.... but there are levels of survival they are willing to accept.
Yea, but the "Creature from Jekyll Island" is always watching the open source community, and ensuring they don't do anything that goes "too far".
We're being corralled. Given just enough illusion of freedom that we can't tell that we don't have any freedoms at all.
"... with 164,523 BTC for military construction"
wow. A post from a Bitcoiner using Bitcoin as the base denomination instead of fiat? A bitcoiner actually using Bitcoin to measure something and going out of their way to do the currency conversion when having a conversation with other Bitcoiners.
My hat off to you, sir.
It's a small thing, but a rare thing in this fiat-maximalist community.
They know why they're here.
NGU.
Micheal Saylor.
More fiat gainz.
They're here because they like dollars. The revolution is dead, but hey... at least we'll all be rich.
With an attitude like this, I trust you're exclusively using RoboSats anytime you need to sell dollars. And I salute your for it.
The complacency and general acceptance of KYC laws among Bitcoiners really boils my blood. The OG Cypherpunks are rolling in their graves.
I think a lot of the value proposition for Bitcoin comes from its ability to repel myriad attacks which no other blockchains would be able to repel.
This fact is completely lost on the altcoin communities who view Bitcoin as old tech.... "boomer coin". It's lost on them because their chains are never seriously attacked. Usually, market caps for them are too small, so the honey pot is too small to attract attackers.
They don't seem to understand that "it's the settlement assurances, stupid."
So, how do we get them to understand?
Simple. Attack everything. Like a white-hat hacker, or a pen-tester.... attack and subvert as much as possible.
People are putting too much emphasis on scalability (i.e. B-cashers), or privacy (Monero), and not enough emphasis on the settlement assurances!! Attacking the shit out of them is how we educate.