#bitcoin is about financial sovereignty. If you think it's merely about fast and cheap you're short-changing yourself.
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@eric_lombrozo If it's not fast and cheap, then it's only about "financial sovereignty" for the wealthy.
It's financial sovereignty for long-term saving, which is how one escapes poverty. Not for day2day.
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Bitcoin: A Peer-to-Peer Long-Term Savings System?
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We can always make tradeoffs at higher layers but base layer needs to be ultra secure above all else.
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Also, as proof-of-concept with init. no users, fast and cheap at large scale was not design priority.
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Nick Szabo > Erik Voorhees when it comes to battle of the minds.
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This should be about exploring and learning together, not beating the other guy.
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Have you not read Nick Szabo's work? Just speaking truth.
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Erik Voorhees has socialist bitcoin policies.
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Only in btcland is centrally set block size capitalist, and free market on size socialist 9.9
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Capitalism = a mob deciding what the nuclear reactor control rod settings should be? Very odd def.
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If everyone owned their own nuclear reactor and made decisions about their own rods, sure
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love bitcoin but if not day2day business goes to altcoins for utility & Bitcoin dies
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Bitcoin is the store of value, the stability layer, of the crypto-economy.
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and side/off chain (
#LN or whatever) for micro-transactions etc.Thanks. Twitter will use this to make your timeline better. UndoUndo
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I favor Szabo's view that it will be store of value.. After that tokenize the
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That's why you published
$BTC as open source, Network Effect Retirement!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@elhousni9 long term saving freroThanks. Twitter will use this to make your timeline better. UndoUndo
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It's hard to have financial sovereignty with something difficult to move out of.
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Who wants to put savings in something with no intrinsic value, not for payments, and with no history. No thanks.
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What in your opinion has intrinsic value ? Gold ? Land ? Uranium ?
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Yes. The list is long. It's not a matter of opinion, but a matter of fact. Calculating exact intrinsic value is more challenging.
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