Money always trends toward its marginal cost of production. Proof of Stake is a widespread demonstration of the fundamental misunderstanding of this concept.
Crypto bros, even Monero bois, are more often than not really shitty economists. The same can’t be said of the Bitcoin camp.
Argentinians are used to storing physical dollars in secure places. It's a question of survival. It's the perfect population to easily train in storing 12 words with the same stakes at play. #Bitcoin
Free Ross.
Keynesian economics are for the mentally Lagarded.
Been battling Monero bros on the bird app all day. I’m exhausted, someone pass me a Gatorade.
God I’m so glad Bitcoin allows me to not give a single fuck about US politics.
How many Monero bois do we have on here?
“I’m just waiting for the code update to get my money out of ETH and go into Bitcoin…doesn’t feel right” -friend at a birthday party last night
Just got another buddy off Coinbase and into self custody. We’re winning.
Vitalik's only lasting contribution to the space will be the term "maximalist." Verbiage devoid of it's pejorative roots and simply a reminder of the days when there were scammy alternatives to the one and only scarce digital asset and internet-native money.
His fundamentally-flawed think pieces filled with spaghetti code, worthless math, and gimmicky roadmaps published from his centralized bully pulpit will serve as a cautionary tale to not trust, but verify.
So much time and effort wasted by the shitcoin industry. The post-mortem will be fascinating to expose the extent of the scams people are perpetuating as we speak.
VanWong should be commissioned by Bitcoin Magazine for a piece for Bitcoin 2023.
Argentina’s world-famous beef industry has been ravaged by fiat. Few people realize that 2/3 of the nation’s cows are raised on grain, akin to the bullshit the United States has become accustomed to.
Flavorless meat pumped with antiobiotics and growth hormones thanks to the invasion of Monsanto squeezing farmers into regretful deals due to inflation’s thievery (largely engineered by the IMF. The Pampas, Argentina’s vast plains, have been converted into monocultural fields of neverending soy laced with Round-Up. The epitome of fiat food.
Would love to see the Texas Beef Initiative connect with my fellow Argentinians to rescue the Argentinian beef industry.
The Skull of Satoshi is going become the Bitcoin Mona Lisa.
Greenpeace just inadvertently created one of the all-time great Bitcoin memes. Amazing.
Bitcoin thrives in adversarial environments and emerges stronger.
“Banks are basically highly-leveraged bond funds.” -Lyn Alden
So, uh, fuck Greenpeace. What a crooked, ignorant-ass collection of betas.
State’s rights have the potential to turn the US into the next Yugoslavia, but with 400M guns and a mental health epidemic.
I venture over to the Twitter accounts of crypto bros and the cognitive dissonance is off the charts at the moment.
