I meant individual preference. Even if Fiat becomes perfectly stabilized internationally, some bitcoiners are never coming back.
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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
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Replying to @FluidFluxation @MustStopMurad and
Unless we decide to never evolve bitcoin any further.
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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.
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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?
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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.
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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.
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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.
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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.
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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.
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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.
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