You said “gold is not used as money in any form”. SoV is one 3 functions of money.
I think I understand where you are getting at. You’re saying if people simply sit on a cryptocurrency and don’t *use* it, it won’t have any value. So even if we keep majority of our wealth in it, we should spend/consume/receive/put into circulation at least a minority of it ...
-
-
... to contribute towards it’s success. and global takeover. If people won’t use it actively, cryptocurrency will never win. Am I understanding your thesis correctly?
-
Scaling onchain makes it more expensive to be a self-sovereign individual. I find it hard to believe, that you, being from Russia, are not attracted to the idea of affordable self-sovereignty. Lightning can increase throughput without increasing entry costs for validators.
-
I'm currently writing an article on this subject. "Be self-sovereign with BTC!" (BTC should sloganize it) is nothing but a logical fallacy. Just a more masked form of.
-
care to briefly elaborate?
-
If it would be possible to convey on Twitter, I would already slay
@lopp and@TraceMayer for this fallacy: https://twitter.com/lopp/status/980175436645888000 … Twitter is a platform for making political statements in the form of 1 paragraph, that can't be debunked in the same form. -
I listened to that Trace Mayer podcast. What is your main objection to their main thesis?
-
That it's a logical fallacy that doesn't comply with the law of the sufficient reason and is political propaganda.
- 3 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.