I thought y'all were fans of math
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oh shit he's coming out of the bedroom again bye guys
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Math beanie babies is not my phrasing and this is the three tweet version of my explanation of bitcoinhttps://twitter.com/sarahjeong/status/953700463186124801 …
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The "math" behind bitcoin is "sound," it's also a solution to a radically misunderstood "problem" that has to do with human behavior rather than cryptography
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Human behavior, theories of money, theories of politics, theories of the state. If you really do understand WHAT the problem bitcoin is purporting to solve actually is, godspeed and good luck with the floating concrete island in international waters
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Also I had a lot of fun explaining metallism, modern monetary theory, and Christine Desan on this phone call, all of this is way more complex than just "THE MATH CHECKS OUT"
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You know what else checks out? PGP, which not even Phil Zimmermann will use
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the basic tech at the core of PGP is beautiful and elegant and I will always be a fan but also PGP is bad and every time I get an encrypted email I get a sinking feeling in my stomach
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I've never written any of this up because for a long time every who gave a shit about bitcoin understand the core tech and were invested in ignoring or actively disproving various theories of money and state and it all seemed a little uselesshttps://twitter.com/confusedcharlot/status/953707703926476806 …
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now that cryptocurrency is mainstream I live in a HELL of knowing what bitcoin actually is while the world loses its MIND all around me
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Naw, my jam is fig or cherry, just like the picture.
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Isn't currency debasement a pretty valid worry? Central bank balance sheets have drastically expanded in the past 20 years. CPI under-accounts for education and medical increases, inflation may be underreported. With interest rates so low, t-bill may not hold inf. adj value.
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Totally agree that majority of Bitcoin speculators do not appreciate the raison d'etre. (And I read the white paper in 2012)
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I don’t even know why this feels appropriatepic.twitter.com/Kqymek8noN
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Le chargement semble prendre du temps.
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