Samson Mow @Excellion - 1y
Pay attention to the words used here. Optimal level = subjective More effective = subjective Real-world needs = subjective Bad actors will inevitably want to co-opt #Bitcoin and turn it into something they can control by adding vague subjective requirements. We already have that with fiat money and it’s clear that experiment has failed. Bitcoin’s value lies in its resistance to subjective determinations and the whims of weak minded individuals. https://image.nostr.build/e786c4ae5d1eb4a1d614fdc05968a8568892bed18eee739636468f1596397267.jpg
f4d89 - 1y
It's pretty clear from every podcat that this dude is nothing but a fiat apologist
96c87 - 1y
I'd rather not pay attention to his words. He's a LARPer. Best not to give him any attention. Anyone could fork Bitcoin at any point in time. The hardest part is getting miners to add blocks to the fork. To wear the opportunity cost of mining something other than Bitcoin. Fork around & find out, shitcoiners.
bitcoinaz @bitcoinaz - 1y
Lmao 🤣🤣🤣
Make mooore bitcoins
Leo Fernevak @Leo Fernevak - 1y
100%. One of the worst features of central planning that causes a torrent of economic instability, is the uncertainty of a 'flexible' monetary system where the rules can change at any time and we can't predict the future supply of money. Such a system will inevitably lead to misallocation and false price signals. The reason why Bitcoin is successful lies in the carefully designed protocol, including the supply limit to under 21 million bitcoin. Other coins have tried more 'elastic' approaches and they can't attract capital to the same degree for a reason. Capital allocation requires certainty in fixed rules, voluntarily consented to, that applies to everyone and which can't be bent under pressure. Good architecture requires exactly that - reliability and predictability.
Doesn’t work well to fund forever wars.
