Viewing profile — awt

When are they going to stop using fixed dollar amounts in laws as if they didn’t know in a decade $200 will be worth way less than it is now? Kind of a slap in the face.

I think we may not be understanding each other.

How do you sell a fork if you aren’t holding it first?

Holders of Bitcoin also have a say in what forks are viable.

If your bitcoin is being stored on a machine connected to the internet, it’s not your bitcoin.

> People complaining that bitcoin is just for crime are just slandering it. This one really gets my goat. There are so many ridiculous laws. It’s illegal to consume alcohol in Saud…

Also, no one is talking about taking down Twitter, which is where the Dayton murderer hung out.

8chan is not the problem. Deplatforming 8chan is shooting the messenger.

>For example, all present-day populations show about two percent of Neanderthal ancestry which means that Neanderthal mixing with the ancestors of modern humans occurred soon after…

Also it has a government enforced monopoly.

It will and is. Every time the US attempts to control what can be purchased with dollars, it advances the process of turning the USD into a kind of Chuck E. Cheese token.

I think it would be great if China accomplished some major software and hardware innovations.

It should also deflate as the economy grows. Wrt the problems of deflation, it may or may not cause some, but it doesn't really matter because people who don't want to participate …

Uninflatable store of value.

Ever read Kuhn? [edit: down voters are Kuhn haters or what? Downvotes are so totally useless.]

Please provide a definition of harm that excludes the violation of property rights. We need not consider the difference between private property rights and property rights because …

I don't understand how you can compare violation of property rights (breaking windows) to a completely voluntary system such as Bitcoin, the private production and use of which vio…

Money laundering and tax evasion: also known as failing to pay the men with guns for "protection." Stalin was also quite sure he knew what was useful for humanity.

Who decides what is extreme? Abolitionists were extreme yo!

Saying Bitcoin is like one thing does not preclude it from being like other things. Never the less, it's not necessarily useless just because it doesn't have the use some people mi…

The point is not that Bitcoin is a government bond, if that wasn't obvious, but that just because some people said it's a currency and proceeded to build failing businesses on that…

Government bonds are stable if you ignore tail risk. Governments tend to collapse eventually, at which point your bonds are not a great store of value. Bitcoin is however similar t…

That's what the Papua New Guineans thought.

What it was "meant to be" hardly matters. What it actually is is more important than the misrepresentations presented by various misinformed parties.

I don't see the relationship between "meant to be" and "is" here. Doesn't it only matter what it actually is rather than what some people thought it might be?