Deryk Makgill Name and picture from twetch — not on-chain. The signature is; the profile is not.
1HsARx3TiY2iYHWoyu4XF88fZq9rih32gH
- 0 Following
- 0 Followers
- 488 Posts
Activity
"I want to be able to run a full node from my home computer. Does anybody actually care about that? Satoshi didn't, his vision was home users running SPV nodes and full nodes being hosted in datacenters."
- Gavin Andresen
"Once upon a time bitcoin.org called Bitcoin "anonymous" but that was a mistake, and for at least two years "we" have tried to be careful to say that, at best, Bitcoin is pseudonymous."
- Gavin Andresen
'If nothing is done then transaction fees will steadily increase until small payments with Bitcoin no longer make sense and it's no longer cheaper than PayPal. Which will throttle growth and make Bitcoin less attractive to everyone.'
- Mike Hearn
When will Jack create a Twetch account?
Or is it the other way around?
One of us! One of us!!
Hearn was a big influence on me being a confident big blocker. It would be cool to have his voice back in bitcoin.
https://twetch.app/t/34754bce581bcd1e375afd4e9452f1b3f5fa752eec8c9381df0e7df7de865f18
Maybe his voice is still in Bitcoin and people just don't know its his voice.
I didn't know of any of these guys before this round table. Surprised at that, they're smart. Will be watching more after this! https://youtu.be/3ys4gxyw82w
Is the battle for Bitcoin over?
I hope so. But probably not yet.
However, I know who I think is winning.
All will be absorbed.
I don't think most people in Bitcoin actually know what a store of value is. You don't define it purely in terms of price, but by its predictable usefulness upon future retrieval.
Definitely.
I think we're going to do another video Friday with Steve, Isaac, TK.
What topics do you want covered?
When you earn interest below inflation and when loans are cheap, the incentives aren’t there. But a deflationary money like Bitcoin fixes this. You want people to be able to ‘hodl’ and make money. It’s less risky than cheap credit.
Holding is great. You should hold. A money that encourages holding doesn’t discourage all spending. It just doesn’t encourage conspicuous consumption. That’s a good thing.
Craig didn’t answer it well. But it’s an imaginary problem, the one Gilder proposed. People aren’t going to starve hodling. They will spend. They will just spend more rationally.
It’s from What Has Government Done With Our Money. Incredible book!
I mean just think about the implication of what Gilder is saying: “being thrifty is dangerous.’ So silly. He’s getting too wrapped up in the macro to see that saving and holding is common sense advice for everyone.
It's astonishing how much better Twetch is than Gab in such a short time.