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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. 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
    2. Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @SoakerPatoshi @MustStopMurad and

      Well speaking purely in terms of ideal money, I think you are correct. I think the black swan to your argument is that bitcoin becomes useful beyond money, a la on chain computation. In such a scenario, I see bitcoin still being the international stabilizing force

      1 reply 0 retweets 1 like
    3. Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @FluidFluxation @SoakerPatoshi and

      But asset preference may be biased towards bitcoin if there is additional utility enabled.

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

      If the value trends are perfectly comparable, how could u suggest the markets prefer one over the other? Even if one killed you and the other made you superman?

      2 replies 0 retweets 0 likes
    5. Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @SoakerPatoshi @MustStopMurad and

      I meant individual preference. Even if Fiat becomes perfectly stabilized internationally, some bitcoiners are never coming back.

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

      & in the on chain computation explosion scenario I mentioned, while bitcoin and well managed fiat could be stable and economically indistinguishable, Bitcoin holders benefit as bitcoin as more than money evolves its valuation, limiting the parallel that well managed fiat provides

      2 replies 0 retweets 0 likes
    7. Jal (aka Juice)‏ @SoakerPatoshi May 3
      Replying to @FluidFluxation @MustStopMurad and

      Unless we decide to never evolve bitcoin any further.

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

      I think the environment collectively agreeing to stop evolving bitcoin is less politically likely than central banks collapsing this decade, which I also agree is unlikely.

      2 replies 0 retweets 1 like
    9. Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @FluidFluxation @SoakerPatoshi and

      Part of bitcoins anti fragile nature is in its potential for forks as a result of consensus failures. Are you suggesting the community voluntarily decides bitcoin is at an ideal peak and chooses to no longer evolve it?

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

      I have been suggesting that for years yes. Based on Nash's insights, that are quite founded and logical. Bitcoin is gold, and we value it because it doesn't evolve, not because it does.

      2 replies 0 retweets 0 likes
      Will  🗣️  🌐‏ @FluidFluxation May 3
      Replying to @SoakerPatoshi @MustStopMurad and

      Even if I agreed with you entirely, it's politically unfeasible to put bitcoin into a box, even one so ideal. I think your vision is highly feasible, and likely to play out initially. I don't think that means ideal money is the end game. It could be ideal money + more.

      4:06 PM - 3 May 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Jal (aka Juice)‏ @SoakerPatoshi May 3
          Replying to @FluidFluxation @MustStopMurad and

          Nono. YOU need consensus for change. Social entropy grows. Bitcoin gets harder to change as it grows, this is especially so as people of Nash's proposal.

          1 reply 0 retweets 1 like
        3. Will  🗣️  🌐‏ @FluidFluxation May 3
          Replying to @SoakerPatoshi @MustStopMurad and

          You don't need to change bitcoin to build on top of bitcoin. You can send compute through BTC Txs today. An innovation can grow atop bitcoin that enhances the value of bitcoin. Use of that innov could break value trends with fiat, and bias to BTC as further dominant asset.

          2 replies 0 retweets 2 likes
        4. Will  🗣️  🌐‏ @FluidFluxation May 3
          Replying to @FluidFluxation @SoakerPatoshi and

          If I can build a distributed computation system on top of bitcoin now, you can't stop me without changing your protocols. Harder to change btc to prevent greater use case than money, than to change btc to enable greater uses.

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

          Better said, if can build greater use on current bitcoin, it'll be hard to fork me off, just as you argued it'd be hard to fork new capacity/protocols on. I say harder even.

          0 replies 0 retweets 0 likes
        6. End of conversation

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