Peck by twetch#6113

1M7jxL…oeDV Key · twetch

If the bitcoin halving makes you worried about "number go up" or whatever, go put your money in Bolivars or something until you realize that having a capped-supply built into the currency is a feature

What the chain says

Transaction: 500049de9901bf91ef981a4a7fdef08eb88c33049ede146f340fa185c93a0684
Block: 635 204
Time: 2020-05-16T18:05:12Z
Signer: 1M7jxL4hKRiWjyRjpQkBXHtVst2KdoeDV
App: twetch
Type: post
Content type: text/plain
Name in tx: twetch#6113

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1M7jxL4hKRiWjyRjpQkBXHtVst2KdoeDV Verified

Replies (3)

twetch#6113 6.4y

1M7jxL…oeDV Key · twetch

Replying to@1M7jxL…oeDV

I shouldn't be ranting about this like it's 2017. But seriously. The most basic feature of Bitcoin is that it transforms the artificial-digital into something with a finite supply that isn't subject to human whims. How does that not blow your mind

twetch#6113 6.4y

1M7jxL…oeDV Key · twetch

Replying to@1M7jxL…oeDV

If you base your money on an artificial supply that you can print infinitely, humans will always be tempted to print more. Always. Gold's difficulty to obtain meant the supply wasn't subject to human whims. It could actually hold a signal.

twetch#6113 6.4y

1M7jxL…oeDV Key · twetch

Replying to@1M7jxL…oeDV

o noooo muh miners are getting less bitkoinz?? who will compete naaooo?? I guess no one, if your chain still isn't valuable. good riddance

Post by twetch#6113

Replies (3)