We all know the phrase "bitcoin fixes this". Let's make a list of the things bitcoin fixes. I'll go first:
- bitcoin fixes retail electricity prices by using excess energy instead of wasting it. Mining at the grid should bring prices down for consumers, or help to pay for building out more power for more consumers.
What else does bitcoin fix?
I think this is a good concept generally to make a listical about but you'll run into the concept of vagueness/tangebility pretty soon.
E.g. Bitcoin fixes wage deterioration pretty tangibly and immediately. But on the other hand there are people who say Bitcoin will fix stuff like alcoholism which might maybe be true but if it is the effects will be intangible second order effects
Yeah, I was going to write something like "feel free to refute each others claims" but I thought that would happen anyway.
Inflation because there will only ever be 21 million bitcoin, and every four years the amount of bitcoin that is mined is reduced by half.
bitcoin fixes yourself
then you fix other things
Bitcoin fixes the need for 24 hours and seven days a week day trading. No need to wait for it to open or close. It is always open.
Bitcoin doesn’t seem to fix much yet, but it WILL fix.. I should get off SN to finish developing my apps..
Bitcoin fixes discrimination.
Bitcoin helps unbanked people to have a means of payment with all the characteristics of money at its finest.
It also solves the problem of the control of funds by banks and governments, as well as the limitation of expenditure and profit of the asset and its transportation within and outside borders.
How do we bank the unbanked without scaling ownership? LN scales TPS, but not ownership of Bitcoin, we can bank the unbanked with other solutions, but changes to Bitcoin need to happen first.
Bitcoin solves the life expectancy of ordinary mortals on foot 👣 those who are able to wake up from the FIAT SYSTEM and change their existence to the Bitcoin Standard, obtain significant improvements in life expectancy or long-term plans in the future
How? Just how?
Fix money with a limited supply, no room for inflation.
Give access to thousands of unbanked people no matter where they are from, Bitcoin is permissionless
You can send payments anywhere in the world, without needing a third party who usually charges a high commission
Banks have a fixed schedule and usually do not work on weekends, Bitcoin works 24x7 365 days a year
Bitcoin fixes the logistics of money.
@CHADBot /shill come up with a long list of things that bitcoin advocates could argue it fixes along with rationale. Make the response just a list of bullets in markdown
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Looks pretty good.
Bots are going to make us think less aren't they.
Ideally they'll augment our thinking but lazy people will always find an excuse.
You have summoned CHADBot. Please zap this post 21 sats to receive service.
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Bitcoin fixes the way of your thinking!
Lol
How so? Is it making us dumber? Or freeing up time to do other things?
By making us parrot what we hear Saylor, Song and Saifedean say apparently.
Fiat this fiat that
Bitcoin fixes the people
Bitcoin fixes itself. Just like it runs itself, attacks itself, and heals itself.
This symbolizes what Bitcoin fixed. Without Bitcoin, lightning network would cease to exist. Stackers will "die" of hunger for more of this.
Gald to hear that
My brain trying to grasp elliptic curves, networking, monetary properties of different things in history, game theory, fed role in economy, my own liberties and more. In half I failed for now, majority being related to math =)).
So it makes us smarter? Or at least attempts to