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21 sats \ 1 reply \ @ca 13 Jan \ parent \ on: Milei is a vintage Latin American populist inflationist - Saifedean thread econ
Blue 👍
The opposite. The peso strengthened against the dollar by +40% in a year.
There are multiple exchange rates imposed by the government. Before liberalising Milei has to fix the balance sheet. They've been accumulating US Dollars. If they removed the currency controls it would have bankrupted the treasury as they didn't have enough US Dollars.
No model can predict the future because there is no "single" future but a range of paths that have not happened yet. That is what will determine the future price.
Since the unknown is unknown it cannot be modelled.
How you would you have been able to model a Bitcoin Strategic Reserve in 2018? Or how would you model the scenario in which Satoshi moves ₿ from his original addresses in 2032?
It's all non sense.
Funny how the nature of his investment strategy ensures that he buys much more bitcoin during all time highs and much less when it's near the bottom.
11 sats \ 3 replies \ @ca 26 Dec 2024 \ parent \ on: LNhance - A soft fork proposal for bitcoin bitcoin
MoE can never go mainstream until it's below the threshold of what it's doable by users. Lightning is not there, yet, or never will be I am not sure. Ark might one day be normie friendly enough.
11 sats \ 5 replies \ @ca 26 Dec 2024 \ parent \ on: LNhance - A soft fork proposal for bitcoin bitcoin
For you... You also use stacker news. Not representative.
21 sats \ 7 replies \ @ca 26 Dec 2024 \ parent \ on: LNhance - A soft fork proposal for bitcoin bitcoin
bro having end users manage liquidity channels is the dumbest design solution possible. No normie is gonna do that. Let's look inward and try to do better, rather than blame users for suboptimal choices.
No end user should spend weeks learning the technicals of LN.
Society advances when things are abstracted away, not complicating them more than the status quo.
@k00b no need for this anymore... Trump is president. They won't legally come after you anymore, as you originally thought.
This change would kill Stacker News.
50 sats \ 12 replies \ @ca 25 Dec 2024 \ parent \ on: LNhance - A soft fork proposal for bitcoin bitcoin
How can you buy anything when it's either too costly/tx (on-chain) or too hard to onboard (lightning)?
175 sats \ 2 replies \ @ca 25 Dec 2024 \ parent \ on: LNhance - A soft fork proposal for bitcoin bitcoin
The market "Trump inauguration" is marked as ENDED and PAID. But I have not received my payment.
Can you double check: ted.....44@walletofsatoshi.com -> 40,000 sats
I do think it is about the book.
Anyone who becomes a public figure around Bitcoin gets massively scrutinised.
If it wasn't for the latest book, he would have stayed low key and officials would have not know about him. I do believe the book and the timing of its release + arrest, after so many years, is not coincidental.