In fiat, inflation is a "difficulty adjustment" that keeps money users on an endless treadmill.
In Bitcoin, the difficulty adjustment puts the money creators on the treadmill instead.
Lord Wilmore
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I can't afford to price in bitcoin, so I'm going to start pricing in satoshis instead.
Is there a way to mute entire blocks of accounts by the domain? Like, for an account "username@domain.com," can I just mute everything from that "domain.com"?
How long before we're pricing cups of coffee in fractions of a Satoshi?
Who's building Galt'a Gulch for Bitcoin?
What would happen if an island country issued a gold-backed stablecoin?
Nostr is freedom infrastructure.
Who are the smartest economists on Nostr?
The world if people listened to the Austrians instead of the Marxists, the Keynesians, and the Monetarists.Does @Jumble provide support for DMs?
Testing Jumble...
In the limit, most people won't care about transacting on the blockchain directly. They probably won't want to worry about the Lightning network, either. People just want a bank where they can deposit their money and spend it easily. The fact that the option to self-custody is technically available should be enough to keep everyone honest.
The Federal Reserve forcibly took Americans (and the world) off the gold standard.
Will it be possible to voluntarily opt into a bitcoin standard?