this guy gets it 👇
I wrote about how BSV has been all talk, no delivery thus far with token solutions:
19nTUyw97xhqL7eVJzmAJT2RbTvbW84gwv
this guy gets it 👇
I wrote about how BSV has been all talk, no delivery thus far with token solutions:
the only way to bring peace and prosperity back into our communities is to separate the state from the economy
@145 I need to connect my twitter account to my twetch account in a way so all my twetchdat are automatically retwetched to my account because this @4 guy keeps retwetching them and making money from it 😂
ok it's time to put that thing online even if it sucks. I badly need some of this "fail fast, fail often"
History repeats but the names change. What once was on one side moves to the other but keeps the same name.
did you see Jeff Bezos doing debates to explain why amazon was a better way of doing things ?
all you need to know
is it still a conspiracy theory if every part of it becomes true one after the other ?
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if you are not communicating about what you love you don't exist
We shouldn't care about short term price. We have the best base protocol, if we all work hard we will be rewarded more than we can imagine in the long term.
just like the majority of hashpower must be honest, in accordance to bitcoin's nature, for byzantine fault tolerance to work, the majority of a man's action must be in accordance to its own nature for its own systems to work byzantine fault-tolerant.
lol maybe but I doubt that will happen. But we shouldn't care short term. We have the best base protocol, if we all work hard we will be rewarded more than we can imagine in the long term.
just like the majority of hashpower must be honest, in accordance to bitcoin's nature, for byzantine fault tolerance to work, the majority of a man's action must be in accordance to its own nature for its own systems to work byzantine fault-tolerant.
If a person was byzantine fault-tolerant they'd be immune to cancer. Sounds like a good thing, right? That's what Bitcoin (BSV) has and none of the other coins have it, nor does fiat. All of the other economies are built to serve cancers. Shame on you!
humans are built that way, if they follow their own nature and know what to eat and how to live. But in today's world it has become too easy to act in unhuman ways. There are ways to re-activate your byzantine fault-tolerance in your immune system though.
also interesting to notice the last time it took between june19 to jan20 for the price to stabilize back to the red trend line, which is 7 months. The current cycle started on fev20 so fev20 + 7 months gives us september 2020. similar patterns
lmao not entirely false.
gold has 5000+ years of history as a store-of-value used for commerce, so don't expect Bitcoin to replace that anytime soon, & it will always keep some value because of its instrinsic properties. But over centuries, it can happen
Bitcoin is still mainly potential for now, but in a digital world it has the potential for a higher velocity than fiat, and its intrinsinc utility combined to a well-known limited supply, gives it potential to become a better store-of-value than gold
People used to have a choice between high velocity fiat with a risk of hyperinflation & store-of-value gold with low physical velocity
So they jumped back and forth between them
For the 1st time in history they have a 3rd way with a higher velocity
the question is, will the dollar die because of hyperinflation once velocity rises again, or will it die of an endless fall of its velocity to 0 as wall street hoards it but mainstreet stops using it and moves to alternatives like bitcoin?
the first scenario is well known in fiat history. But I have never heard of the second one? people didn't use to have an alternative that was better at being cash, so they reverted to gold which had a lower velocity than cash by its physical nature.
the question is, will the dollar die because of hyperinflation once velocity rises again, or will it die of an endless fall of its velocity to 0 as wall street hoards it but mainstreet stops using it and moves to alternatives like bitcoin?
when you recall that the first moves by Lenin, Mussolini & Hitler was to outlaw individual ownership of gold, you begin to sense that there may be some connection between money, redeemable in gold, and the rare prize known as human liberty
Howard Buffett
That's the very concept of Galt's Gulch & the only winning strategy, build the arch & let people come when the flood arrives
But are we strong enough to deal with so much people coming that don't understand our work or will they destroy our principles?
As everyone else descends into worse and worse economic practices, people with BSV will be the only ones who can provide for one another.