came here to say this. it's not a protocol issue. if people wanna pay me for absolutely nothing, go right ahead. I just want to be able to reliably ignore it.

"I was just on ex-birdapp and there was a legit discussion about how coinjoin/collaborative transactions make you vulnerable. It's hilarious and sad, but these people will sell you out at the nearest opportunity"

it's ultimately a question of time preference that will enforce and resolve itself as individuals deserve. if you are stupid enough to think you can reach some kind of compromise with the state, you deserve to get rugged, and you will. on the other hand, if you coinjoin the shit out of your stack and either don't plan to access it for 50+ years or are aiming to interact in and contribute to a circular economy, you will win because this iteration of the state will have collapsed by then, to which your opting out will marginally contribute, plus you will probably have escaped with 12 words in your head.

but yes, in the meantime, mock these people mercilessly. they are going to lose everything anyway so may as well front-run it while they are still in a good mood.

haha, thanks, I did the usual twitter/nostr/linkedin rounds but forgot I should have posted here too!

um ...

"being overly negative on this strikes me as a kind of core fallacy of appreciating open and decentralized systems: that it’s a spectrum, not a binary. how open and decentralized the foundation is represents the maximum openness and decentralisation of anything built on top, not the minimum!"

yeah I'm not really sure why anybody cares, I was just venting coz I was bored this morning. certainly don't expect anybody to care any more or less coz I said it 😕

love you too, dad

dude, reckoning with ecash forces you to push this argument even further (or just dismiss it as shitcoinery, which I would argue is even more highly regarded)

because you are reading it on your phone like a dummy. don't do that! lower your time preference!

that's Sacha's domain, I'm afraid.

no, this should be mandatory.

I don't think we really know yet, but I hope it works! your question is interesting but it doesn't worry me much as I think the answer is reputation, which is also a healthier mechanism for discovery than buying and selling your attention.

digibux

I nearly agree and I've said this publicly a few times. I think almost all finance will be equity or equity-based but I do think there will still be corner cases where debt is more desirable. some reasons why might include: the ability to prepossess and overcollateralize or, my personal favourite, the admin nightmare of facilitating working capital finance with equity as opposed to matching extremely low risk positive and negative floats.

haha, sure, and I do recommend it btw, just don't ever interact with him outside his books. it's not so much facts or even ideas as "ways of thinking". he's very good at making you suitably suspicious of how statistics and modeling might be misleading you, and if you get stuck into the more technical elements you'll pick up some heuristics on the math involved in debunking what he calls "macrobullshitting" beyond just your intuition.

potentially

sure! "finance" is a pretty large topic, and most of what I know I learned on the job, so don't take this as exhaustive by any means, but some I enjoyed: Common Stocks and Uncommon Profits by Phil Fisher, The Alchemy of Finance by George Soros, Latticework by Robert Hagstrom, Capital Account by Edward Chancellor, all the Buffett Shareholders, all the Saber Capital blog posts, all the Jerry Neumann (Reaction Wheel) blog posts.

literally never watched big brother in my life so no real reaction to this. for reference my complete collection of reality tv in which I partake is: Love Island, Selling Sunset, and the Bulgarian Bachelor, or ергенът, for those in the know.

soon

ditto

very good idea because it becomes the easiest onramp to real bitcoin ever in that: i) DCA becomes programmatic and cuts out brokers/shitcoin casinos, and ii) when fiat hyperinflates, the rug pull from bitcoin the network to bitcoin the asset is extremely simple.

that actually came from an in-person conversation with Clay Space, who went on to write up the idea here: https://clayspace.medium.com/bitcoin-as-subscription-c21b582d4e90