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Gildong.Hong
gildonghong@getalby.com
npub1ytwc...t58k
#Bitcoin X #Nostr I am interested in libertarianism, austrian school, cypherpunk. Murray Newton Rothbard⚡️ Ludwig von Mises⚡️ Satoshi Nakamoto⚡️ Embedded fw engineer. Native Korean(South) who doesn't like kimchi anymore and love steak🥩(not stake) Me English no good sorry.
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Gildong.Hong 2 years ago
The PRODUCT created to make profit of one company CAN/MUST NOT BE a solution of #Bitcoin.
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Gildong.Hong 2 years ago
This video is a bit biased, IMO, but it's valuable to hear various perspectives. 한국어 자막
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Gildong.Hong 2 years ago
Physical limitation of gold put pressure on people to use gold IOU. As time had passed the rug pull occured a.k.a Nixon Shock. These days, something similar has been happening. Some #Bitcoin-ers use #Bitcoin IOU instead of #Bitcoin and think this IOU is useful. If we don't do anything, it is clear what will be happened. It likely will be called Adam Shock or Blockstream Shock. As we can see from the past, the market doesn't gaurantee situation being better. Gold failed due to the physical limitation which can't be solved. On the other hand, #Bitcoin is software which can be improved. We must find the solutuon so as not to fail again.