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FluidFluxation's profile
Will 🗣️ 🌐
Will 🗣️ 🌐
Will  🗣️  🌐
@FluidFluxation

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Will  🗣️  🌐

@FluidFluxation

$I am‽ Generalist. Theorycraft.

Here, Now, Probably
Joined April 2011

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    1. Murad Mahmudov  🚀‏ @MustStopMurad May 3
      Replying to @SoakerPatoshi @Moon__Rekt and

      it’s more than just PRICE and VALUE. You’re ignoring the technology / capabilities / cryptography / privacy / self-sovereignty entirely.

      1 reply 0 retweets 2 likes
    2. Jal (aka Juice)‏ @SoakerPatoshi May 3
      Replying to @MustStopMurad @Moon__Rekt and

      That's stupidity. What you talk about IS value and it is conveyed through price.

      2 replies 0 retweets 0 likes
    3. Murad Mahmudov  🚀‏ @MustStopMurad May 3
      Replying to @SoakerPatoshi @Moon__Rekt and

      If bitcoin is 0% supply growth+tech, That would require governments to continuously *contract* the money supply to be on par

      1 reply 0 retweets 2 likes
    4. mimaj‏ @mi__maj May 3
      Replying to @MustStopMurad @SoakerPatoshi and

      Holding Bitcoin takes an insane amount of responsibility. Most people would rather a bank manage that. Only crazy assholes like us want to hold our own keys.

      1 reply 1 retweet 4 likes
    5. Murad Mahmudov  🚀‏ @MustStopMurad May 3
      Replying to @mi__maj @SoakerPatoshi and

      Yes but holding Bitcoin at a bank is still holding Bitcoin. This guy was proposing we hold state fiat that’s pegged to bitcoin instead

      3 replies 0 retweets 1 like
    6. Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @MustStopMurad @mi__maj and

      Is he really proposing that you hold one asset versus another? Or is he proposing that state fiat pegged to bitcoin is a likelihood, and provides a similar net impact as hyperbitcoinization in the purest sense?

      1 reply 3 retweets 4 likes
    7. Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @FluidFluxation @MustStopMurad and

      I think your missing the argument he's making @MustStopMurad He's talking macro economic impacts, and your talking about individual asset preference.

      1 reply 0 retweets 3 likes
    8. Jal (aka Juice)‏ @SoakerPatoshi May 3
      Replying to @FluidFluxation @MustStopMurad and

      If we have the premise that the value trends are the same, we cannot then say "but people will prefer one over the other" That the value trends are the same is an indication of equal preference.

      2 replies 0 retweets 2 likes
    9. mimaj‏ @mi__maj May 3
      Replying to @SoakerPatoshi @FluidFluxation and

      So 50/50 you think? Personally I can't see more then 20% of the population choosing to use BTC directly. But 20% of the population doesn't necessarily mean 20% of the value. 50% of the monetary value could be absorbed by BTC while only 20% of the people are using it directly.

      1 reply 0 retweets 0 likes
    10. mimaj‏ @mi__maj May 3
      Replying to @mi__maj @SoakerPatoshi and

      In 50 years, its possible that majority of population will be tech-savvy enough to use BTC directly. Strong monetary incentive to use it to avoid taxes/government friction. Many businesses are simply too large to transact under the table, but scale of enterprise is declining.

      1 reply 0 retweets 0 likes
      Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @mi__maj @SoakerPatoshi and

      If bitcoin absorbs 50% of the monetary value, central banks will then stabilize against bitcoin, which in effect results in full indirect hyperbitcoinization.

      3:46 PM - 3 May 2018
      1 reply 0 retweets 0 likes
        1. Murad Mahmudov  🚀‏ @MustStopMurad May 3
          Replying to @FluidFluxation @mi__maj and

          why hold fiat pegged to Bitcoin if you can just hold Bitcoin instead? there is a rainbow of technological advantages and utilities that holding Bitcoin directly enables that this pegged Fiat probably will not

          0 replies 0 retweets 2 likes
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