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@standard_sats
5,791 sats stacked
stacking since: #70864longest cowboy streak: 1
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0 sats \ 0 replies \ @standard_sats 14 Nov \ on: The BlockClock and FOSS competitors bitcoin
People fail to recognize simple fact that NVKs products aren't good. They are the worst in terms of long term usability and reliability.
0 sats \ 0 replies \ @standard_sats 2 Nov \ on: Tether’s Q3 attestations prove that it can’t quit secured loans bitcoin
This is literally nothing. Besides their liabilities overcollateralized.
3 sats \ 0 replies \ @standard_sats 29 Oct \ parent \ on: The Mainstream Media Isn't Covering Bitcoin bitcoin
No, just too early. It will change with ATH and after us elections. I bet there may be some kind of maratorium in us media.
0 sats \ 0 replies \ @standard_sats 26 Oct \ on: Is Investing in Bitcoin a selfish act? bitcoin
You are saving money for all three. You are saving for future as opposed to forced spending.
Minneapolis Fed: "bitcoin" - tax or ban itwww.minneapolisfed.org/research/working-papers/unique-implementation-of-permanent-primary-deficits
0 sats \ 0 comments \ @standard_sats 21 Oct bitcoin
0 sats \ 0 replies \ @standard_sats 20 Oct \ on: The ECB says hodlers are extracting wealth from others bitcoin
Look for same names on the same website. You will find out they have a track record of such publications already.
0 sats \ 0 replies \ @standard_sats 17 Oct \ on: Why stablecoins and stablechannels are dumb bitcoin
Yeah. Dumb 150 billions and rich men nurturing poor people about patience.
You may look at stablecoins and stable changes as Bitcoin based derivatives. It won't be conflicting so much with reality.
47 sats \ 1 reply \ @standard_sats 17 Oct \ parent \ on: Eurozone Inflation Dips Below ECB Target: Money Printer Goes Brrr?" econ
ECB didn't stop. What kind of CPI is it it is not clear. I bet such low numbers are due to the fact that people do not spend at all. The disposable income is near 0 speaking differently.
0 sats \ 0 replies \ @standard_sats 13 Oct \ parent \ on: We don’t need more bitcoin merchants bitcoin
It is not like that. All these merchants may be instead of using CEXes just do something and sell something for Bitcoin.
0 sats \ 0 replies \ @standard_sats 13 Oct \ on: We don’t need more bitcoin merchants bitcoin
It is a country with officially recognized Bitcoin. Of course there will be more merchants.
0 sats \ 0 replies \ @standard_sats 11 Oct \ on: Unpopular Opinion: For Bitcoin to survive it needs to be Money not just NgU bitcoin
Bitcoin IS money. Though not for everybody yet.
Where is the self sovereignty?
Not relying on 3rd parties. Even when using CEXes they are just tools.
The censorship resistance?
Always there until people sell. When they sell to somebody else, the buyer enjoys it. It is not gone.
The feeling of ownership?
This is hard part. Because BTC has no physical representation in most cases.
And most importantly the superior transactional-qualities of Bitcoin? How is Money Being Improved?
When using p2p it is just simply superior. In use-cases involving little more complexity i.e. with multiple parties and inheritance schemes it becomes priceless.
What is Bitcoin's future?
Nobody knows but it is on track to be recognized as money for more and more people. It may be easily seen, a nocoiner few years ago becomes a user who begins to think of Bitcoin as an asset. This is powerful even if this past nocoiner wants to sell bitcoins for something.
0 sats \ 0 replies \ @standard_sats 9 Oct \ on: Why is bitcoin linked to the dark web and criminal activities in crime movies? bitcoin
Because linking banks to criminals would mean a major revision of normie mindset.
44 sats \ 2 replies \ @standard_sats 25 Sep \ parent \ on: Generating quick mindmaps alter_native
Yes. Freeplane is really good. Simple example above might have clickable links on Merriam-Webster for instance.
0 sats \ 0 replies \ @standard_sats 18 Sep \ parent \ on: Europe's Tech Ambitions Falter: Semiconductor Industry at Crossroads econ
I heard a good comparison that Germany is 20 century country in 21 century. Weak services not really much "economy of knowledge" etc. Everybody knows how to build cars and electro cars are even simpler.
1 sat \ 0 replies \ @standard_sats OP 7 Sep \ parent \ on: The Bisq DAO: On the Privacy Cost of Participation bitcoin
for regular users, yes. for dao participants likely no.
The Bisq DAO: On the Privacy Cost of Participationarxiv.org/pdf/2007.07048
341 sats \ 2 comments \ @standard_sats 7 Sep bitcoin
0 sats \ 6 replies \ @standard_sats 19 Aug \ parent \ on: Volatility Insurance For Businesses That Accept Bitcoin? bitcoin
No you are entirely wrong on this topic. Volatitly is inherent property of human action and free marked. What you're missing is not about the dollar vs Bitcoin but is about Bitcoin vs commodities. And we are nowhere near even beginning on this way.
And Valet has no leverage yet on the backend. And the leverage will be 1 until we have more robust models and markets.
43 sats \ 0 replies \ @standard_sats 19 Aug \ parent \ on: Volatility Insurance For Businesses That Accept Bitcoin? bitcoin
Volatility is not on the Bitcoin side, but on the dollar side
Purchasing power of coins will be volatile even in terms of goods this is why Bitcoin ecosystem needs futures contracts for commodities. However it is not a surprize that the first thing you remembered is dollar.