louloulou

18 ms·

151.
by louloulou 6y ago
There are P2P alternatives: https://bisq.network/ . Low liquidity atm, but that would change if centralised services prevented withdrawals.
152.
by louloulou 6y ago
Sure. There are also plenty of shops that don't accept bitcoin either, so if you need to use a service (private or government) you would convert it into something they would accept. The point is that there are no taxes associated with
153.
by louloulou 6y ago
Because it's not a monopoly (by definition) if there is competition with a different monetary policy.
154.
by louloulou 6y ago
How is using it not free speech? You're literally just signing a message and sending it to other nodes on the network.
155.
by louloulou 6y ago
In Germany it's considered "private money". How is that not breaking "government's monopoly on monetarey policy"? They never had such a thing to begin with.
156.
by louloulou 6y ago
Because it has a fixed supply and known issuance schedule. Its supply has basically zero volatility. It has price volatility relative to other currencies because the market is having a hard time evaluating how much such a thing is worth.
157.
by louloulou 6y ago
At the end of the day Bitcoin is free speech. It's open source code that people run which allows them to sync and update a database. It is untenable to ban such a thing in "free" societies and have people still buy in to the
158.
by louloulou 6y ago
Generally in investment it's helpful to recognise we're not infallible and ask: what is the probability I'm wrong on this? And that's generally a good way to size positions for things you don't want to own, but that
159.
by louloulou 6y ago
The reason money exists is to transfer value that has ALREADY been created in the economy. Gold is good for transferring value across time. Fiat is good for transferring value across space. Bitcoin is good for transferring value across spac
160.
by louloulou 6y ago
Creating a global sound money that won't be debased or censored. More than worth the electricity cost. Why do you want to forcefully stop people who voluntarily buy and use electricity to update a shared database? Just because you don&
161.
Aker/Seetee Shareholder Letter [pdf](seetee.io)
2 points by louloulou 6y ago|0 comments
162.
by louloulou 6y ago
This is why I support getting rid of humans entirely. Without humans there would be no waste at all. There is no need for us to exist.
163.
by louloulou 6y ago
Yeah, people call it the everything bubble, when the obvious explanation is the money is being massively debased to pay debt that can't be serviced otherwise. In all historical episodes of hyperinflation, at the start, everyone holding
164.
by louloulou 6y ago
A lot of that was due to government "suggestion": https://en.wikipedia.org/wiki/Operation_Choke_Point
165.
by louloulou 6y ago
Then there should be a global tax on carbon emissions. This is not a Bitcoin issue it's an issue with atmospheric carbon emissions not being priced correctly.
166.
by louloulou 6y ago
If the problem is carbon emissions, we should be taxing carbon emissions.
167.
by louloulou 6y ago
It's actually pretty cheap and easy these days with a transferwise account. But I agree, it used to be a massive pain, and still is for smaller currencies or more closed-off banking systems like japan.
168.
by louloulou 6y ago
Do people not seriously think about why the Iraq war happened? Everyone accepts that the WMD rational was disingenuous, so then why? It just so happened to coincide with Saddam starting to sell oil for Euros, and France and Germany just so
169.
by louloulou 6y ago
It's called financial privacy. Most people don't want all their past and future transactions to be visible to anyone they happen to pay for something.
170.
by louloulou 6y ago
It's just a round-a-bout way of getting rid of cash so they can surveil all transactions
171.
by louloulou 6y ago
Might have something to do with them preventing their users from buying today to save their hedge fund masters, no?
172.
by louloulou 6y ago
> I also really didn't like the three body problem. Did you read the whole trilogy or just the first one? Because I didn't like the 3 body problem, but the dark forest is my favorite sci-fi novel ever and death's end was g
173.
by louloulou 6y ago
Also here are a bunch of signed messages calling him a fraud using the keys to addresses HE CLAIMED TO OWN IN COURT -_- https://craigwrightisnotsatoshi.com/ Edit: Explanation/thoughts from Wladimir regarding the remova
174.
by louloulou 6y ago
Information doesn't want to be free - Cory Doctorow - Tech Forum 2015: https://www.youtube.com/watch?v=-or9aNnz-CA