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Outsideness's profile
Outsideness
Outsideness
Outsideness
@Outsideness

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Outsideness

@Outsideness

Coldness be my God.

xenosystems.net
Joined September 2013

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    1.  🐸 hbd nrx  🐸‏ @HbdNrx 6 Sep 2018
      • Report Tweet

       🐸 hbd nrx  🐸 Retweeted

      Really dramatic steps like this could be disastrous, but in general I'm concerned about how the banking system creates money. https://twitter.com/MrsEmpressWife/status/1037742447466565633 …

       🐸 hbd nrx  🐸 added,

      This Tweet is unavailable.
      3 replies 1 retweet 5 likes
    2.  🌶️ The Petrichory  🍄‏ @The_Petrichory 6 Sep 2018
      • Report Tweet
      Replying to @HbdNrx

      A steady transition to crypto that cannot be minted or controlled by any singular party eases things greatly.

      1 reply 0 retweets 3 likes
    3.  🐸 hbd nrx  🐸‏ @HbdNrx 6 Sep 2018
      • Report Tweet
      Replying to @The_Petrichory

      Unbacked crypto won't work

      1 reply 0 retweets 1 like
    4.  🌶️ The Petrichory  🍄‏ @The_Petrichory 6 Sep 2018
      • Report Tweet
      Replying to @HbdNrx

      That's the interesting thing about crypto. It backs itself in the same way any fiat currency does - faith in its stability and trustworthiness. The people who do not have faith in it, do not understand it, or DO understand it and hate what it could do to the banking cartel.

      1 reply 0 retweets 4 likes
    5.  🌶️ The Petrichory  🍄‏ @The_Petrichory 6 Sep 2018
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      Replying to @The_Petrichory @HbdNrx

      The former faithless sort can be assuaged by making it so easy to deal with that the technical aspects are no longer concerning to them. Most people don't know how any other type of currency works either. The latter have power, and the only real threat to it is outlawing it.

      1 reply 0 retweets 2 likes
    6.  🌶️ The Petrichory  🍄‏ @The_Petrichory 6 Sep 2018
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      Replying to @The_Petrichory @HbdNrx

      Outlawing it may Streisand-Effect it into true ubiquity and ensconce it as valid and essential. I think world powers know this, which is why most of them have avoided that unintended consequence.

      2 replies 0 retweets 2 likes
    7.  🐸 hbd nrx  🐸‏ @HbdNrx 6 Sep 2018
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      Replying to @The_Petrichory

      What I really mean is that all current cryptocurrencies have a true price of zero and arguments that they should have valur are all circular. In contrast, fiat is backed by government force and its tax demands.

      2 replies 0 retweets 5 likes
      Outsideness‏ @Outsideness 6 Sep 2018
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      Replying to @HbdNrx @The_Petrichory

      If a currency can be "backed" by government force it can be "backed" by censorship resistance.

      7:43 PM - 6 Sep 2018
      • 1 Retweet
      • 11 Likes
      • Silver Key World's Greatest Dad: Aesthetic of Happy Family 🌶️ The Petrichory 🍄 ɹʞɔɟɯ🥩🏴📉 🥃 Distilled Spirit In The Machine🤖 Friedrich von Uxküll 🐸 hbd nrx 🐸 LoneWanderer♔🇭🇷 🦃Tojo Yamamoto Fan🦃
      1 reply 1 retweet 11 likes
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        2.  🐸 hbd nrx  🐸‏ @HbdNrx 6 Sep 2018
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          Replying to @Outsideness @The_Petrichory

          That doesn't really define a value in the same way taxes do

          1 reply 0 retweets 2 likes
        3. Outsideness‏ @Outsideness 6 Sep 2018
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          Replying to @HbdNrx @The_Petrichory

          Crypto has been on that problem for a while. Good summary here: https://queue.acm.org/detail.cfm?id=3136559 … ...

          2 replies 1 retweet 4 likes
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