pull down to refresh
121 sats \ 9 replies \ @mallardshead 13 Feb 2023 \ on: What are some examples of “fiat thinking”? bitcoin
—Civilian guilt of honoring military personnel
—Thinking that waiting for a single dude to come out and set the world's monetary policy is a free market
—Prestige of politicians
—Cars
—Elon Musk
—Michael Saylor
—Any book with a living person's face on it
—TikTok
—CEX's
—Credit Cards
—Non-encrypted email
—Aliens
—Gambling Apps
—Facebook
—Mainstream Podcasters
—Watches
—Homes you don't live in
—Mentioning a celebrity for any reason
—Handbags
—Yeti Coolers
—Trading Cards
—Attending Church
—Using the word "Collectibles" with a straight face
—Expensive liquor
—Cable TV
—Unworn clothes
—Anything that goes in a safe besides a hardware wallet or stamped metal
—Identification
—Powerball
—UberEats
—Unused subscriptions
Wow, that list is really comprehensive! I'm glad you mentioned Saylor, since there are many "bitcoiners" who can't stop enshrining him.
Regarding identification, I try to avoid KYC and companies that ask for ID as much as I can. But I am not ready to give up my passport or residence permits. Without those, crossing borders and staying where I want would be extremely inconvenient, to say the least. I'm curious, what's your stance on this?
I believe that some system of identity and reputation will still be necessary to lubricate human interaction and commerce. It's possible that such system may be built upon Bitcoin and Nostr. As long as it's a self-sovereign system and we don't depend on governments or other institutions to grant us identity and "personhood" it will be a huge improvement.
reply
Reputation is important. Bullish on Slashtags being developed by Synonym for this. However much identity you choose to share is a good thing. I'm not so bullish on DIDs being developed by certain companies, or the Auth0 company bullshit.
Bitcoin doesn't comply with borders obviously. And I think as it demonetizes the political class, and does away with their expensive enforcement actions, ability to finance war, etc, borders will start to disintegrate later this century.
reply
deleted by author
deleted by author
When you say "Watches" I assume you mean as collector items or investments (a la Mr. Wonderful)? What if I want to wear a watch so I know what time it is?
reply
deleted by author
Eating frozen (then warmed-up of course) pizza in front of the 8 p.m. msm news...
reply
deleted by author
deleted by author