LN is pretty cool.
but it's a #Bitcoin credit system and will naturally tend towards centralization.
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Hanshan
hanshan@hanshan.io
npub1lxza...svxa
People improve through making mistakes.
Free people make their mistakes faster.
Nostrich since 761114.
you *need* to hear Voskuil correct Mises and Smith about State Money and why price inflation happens (spoiler: it's not because of money printing)
it's an extremely convincing argument that explains WHY gold has NOT been price inflationary, but state money IS.
"supply" does not equal "quantity" and the Cantillion effect is poorly understood ๐คฏ
pod is over 8 hrs long but at least listen to the first 85 minutes or so.
#bitcoin #monero
>> shitty way to measure things
imma saying
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I would really like to see some data about how many of the (very few) txs that are actually being made qualify as "financial transactions"
and how that is defined.
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I wonder if he thought it was a compliment


what do you think?
#bitcoin
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jfc
its a goddamn software project. there has been a long line of freedom tech and it exists in context of that.
#Bitcoin got a lot right but it has design flaws, stop making it into some perfect thing that dropped from heaven.
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great observation ๐
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