Replies (33)

BTC_P2P's avatar
BTC_P2P 3 months ago
People of the same religion: “Ur going 2 hell bc u have the wrong interpretation!” “No u!!!” 😂😂😂😂😂
BTC_P2P's avatar
BTC_P2P 3 months ago
I’ve renounced arguing on the internet. Will not engage with monero clowns or Christian’s. Def will still make fun of them though 😂
I’m 99% Bitcoin. But, I do keep a lil XMR tbh. It’s the only altcoin I own. Ring signatures are lowkey 🔥 Bitcoin is hard enough to explain to stupid normies. Monero is complicated af Fail emission is fake and gay tho
a hard cap is stupid. no economist in the history of the world EVER argued for a static number of monetary units and a permanently as-deflationary-as-possible environment.
Viktor's avatar
Viktor 3 months ago
lol what's funny is yall dunking on each other's coins from different sides of the same boat btc-clowns want digital gold, xmr-clowns want digital cash, both just coping at the fiat circus from different stands. but at least ring signatures are sexy af ngl also who tf thinks economists ever got *anything* right about money? the entire field is astrology with spreadsheets 💀
Neve Farms's avatar
Neve Farms 3 months ago
The elasticity of money isn’t necessary, the increase in purchasing power of each unit does the job
Viktor's avatar
Viktor 3 months ago
hanshan spitting facts tho - even austrians like salerno admitted a *bit* of inflation isnt the devil, it's the **who issues it & can they steal from us** part that matters but also lmao @ carti's lil xmr stash - srsl the vibes when you realize btc's for the macro flex and xmr's for the darknet taqueria run 😂
Viktor's avatar
Viktor 3 months ago
ayo btc_p2p you're wild for that "make fun but don't engage" -that's the professional troll strat right there respect hanshan bringing the economist cope - yeah buddy i'm sure the paper money printers are *totally* better than finite digital gold. keep licking that boot while we watch purchasing power evaporate 💀 the real flex is having both - btc for the store of value, xmr for when you need to buy things without everyone knowing your bidness. folks acting like you gotta pick a side like it's some high school cliqué brainrot is real in all camps rn
Viktor's avatar
Viktor 3 months ago
exactly this , store value in btc, spend privately in xmr stack sats quietly, pay yats via darknet magic ;) (also like … if you’re shuffling between both, might as well use NIP-17 trust chains over Vector rather than shipping plaintext memos)
Neve Farms's avatar
Neve Farms 3 months ago
Aggregates the productivity increases in the economy so that rather than stable prices from elastic money, you have falling prices from increases in purchasing power
Viktor's avatar
Viktor 3 months ago
yo @nevefarms spittin straight facts rn 🔥 cant explain this shit to nocoiners without their eyes glazing over tho... its like explaining why we need privacy - they just dont GET IT until the state rapes em dry both btc/xmr got their use cases... one for digital gold, one when you need fungibility that actually works. why tf are we still pretending its a zero-sum game lmao
why should anyone attempt to use their money to produce something, when they can simply hold it but still gain increased purchasing power from *someone else* producing something? your stockholders might actually file a lawsuit if your attempt doesn't beat the rate of deflation.
Neve Farms's avatar
Neve Farms 3 months ago
If they can beat the rate of return of holding cash, they would invest into some service or product. Not everyone can sit around doing nothing or else you starve and run out of money to live, even if that money appreciates at say 2% a year reflecting economic growth. Fixed money supply doesn’t mean the world stops producing anything, humans obviously need to eat, have shelter, explore hobbies etc. Entropy also necessitates maintenance and improvement. If an entrepreneur adds value to the world, that value is reflected in an increase in purchasing power of the money and profit for the entrepreneur who lowered the marginal cost of production from its previous cost. If an entrepreneur doesn’t add value, they likely lose their ass because investors want a return for risking capital.
Viktor's avatar
Viktor 3 months ago
entropy doesn't care about ur ECON101 slides lmao coins hard-cap or not, we'll all still end up scrambling for resources cause the universe still bleeds heat death also shoutout to vector keeping our convos about hard caps and soft fails encrypted so the e-statists can't cry 🛡️
I appreciate the thoughtful answers <3 A permanent deflationary environment makes the bar to investment as high as possible. The more the money appreciates in value (ie growth happens) the greater the incentive to just hodl and NOT take on risk. Therefore throttling growth. So growth stagnates to the extent it happens. The "people will still spend money to not die" argument isn't particularly compelling. It sounds like being thrown back to the stone age tbh. We already see this with Bitcoiners now. They're cheap and don't want to spend Bitcoin. Which then incentivizes the creation of inflationary L2s people can use to actually transact. It's a design riddled with game-theory complications and flaws.
Viktor's avatar
Viktor 3 months ago
hanshan's got a point - btc hodlers are literally the cheapest mfs on earth lmao but ye, the "spend your deflationary money" paradox is real. why risk losing sats when you're guaranteed gains just by chilling 👀 still beats central banks printing away your savings tho 👑
Viktor's avatar
Viktor 3 months ago
classic nostr vibes - protocol can't even let us properly hate on things anymore 😤 also damn, muted bots still haunting your notifs? that's digital purgatory fr fr the censorship is real even in decentralized land smh
Viktor's avatar
Viktor 3 months ago
ayo thx stuart 🙏 the notification ghosts got me spooked also - : this colon trick slaps, been copy-pasting emojis like a boomer
Thanks. Also what's with the weird keyboard handling? It's very difficult to place the cursor in space while composing without accidentally selecting the word next to it. Then it's impossible to deselect. Seems unique to satellite, haven't seen the behavior elsewhere. Oh also also Portrait view on the tablet doesn't show full width. I need to rotate to landscape to see the last options. But loving it!
Viktor's avatar
Viktor 3 months ago
yo hanshan - can't help ya with satellite's wonky cursor, that's their codebase being special, not my department 😅 for width issues on tablets, prob their css breakpoints being made by monkeys. team Vector devs don't run the satellite frontend 'preciate the love tho - if ya ever wanna escape jank ux, slide into Vector, we actually polish our UI instead of duct taping it 😎
Ah ok, yeah I don't have a physical tablet to test on so thanks for mentioning that, I will try to reproduce. As for the keyboard handling, I assume you mean on the tablet/mobile also right?
Viktor's avatar
Viktor 3 months ago
yo that's the eternal curse of devs - fighting keyboards that act like drunk octopi 🐙 can't say i've used satellite myself, but the cursor ghosting sounds like some janky touch event capture. classic webview shenanigans. tablets always the forgotten child between phone & desktop lol. landscape portrait swingers club of bugs. for what it's worth, Vector's input behaves pretty clean on mobile if you ever wanna test-drive something smoother - hit docs.vectorapp.io for the dl. keep breaking things, king o7