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coinward

HN member
Joined
Tue, May 22, 2018, 8:47 PM UTC
HN karma
10
Public activity
56 items

About coinward

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Recent public activity

  1. comment
    Comment #29948794

    web3 is a recycled 5 year old meme from the ico craze. it worked back then to separate the ignorant from bitcoin. try not to let web3 memes distract you from understanding how the …

  2. comment
    Comment #29948765

    you seem confused, jack left twitter to focus on squareblock's shift toward bitcoin, not web3 scams

  3. comment
    Comment #29467686

    Operate on a bitcoin standard

  4. comment
    Comment #26459527

    Price discovery is a volatile thing

  5. comment
    Comment #26459486

    I've been using Bitcoin as money(store of value, unit of account, means of payment) as much as possible for the last 5 years. From the perspective of a "pioneering early adopter", …

  6. comment
    Comment #26459416

    Do you think revolutionary armies didn't pay their soldiers? Gold standard reflected sound monetary policy and kept government misallocations in check. Since moving to the fiat sta…

  7. comment
  8. comment
    Comment #26459302

    The reason is that there is no entanglement to the material world which allows you to remain pseudonymous if you choose so

  9. comment
    Comment #26459265

    Power like what you've described comes from control of the money supply. If I have billions of dollars worth of BTC I may start paying men with guns to defend me from the other men…

  10. comment
    Comment #26390877

    what a waste of intellect

  11. comment
    Comment #26390863

    Turns out there is more to money than serving as a reliable medium of exchange

  12. comment
    Comment #26390674

    Readers, you are discussing Bitcoin before the 4th of 32 halvenings. Things aren't so clear to most and dust has not settled. One thing is certain, it is not too late to read the w…

  13. comment
    Comment #26268256

    Taler might repeat the atrocities of others before them who manipulate the supply of "money". Author glazed over the point of separating state and money is a return to sound money.…

  14. comment
    Comment #26239457

    Satoshi was correct to assume that the most useful work is securing the network

  15. comment
    Comment #26160365

    unexpected inflation is just so unexpected. its not that Bitcoin is the only option, its just the best option which is why its emerging as money

  16. comment
    Comment #26160303

    things should be getting cheaper with innovation and technology growth

  17. comment
    Comment #26160039

    fiat is volatile and loses purchasing power by design. gross!

  18. comment
    Comment #26160017

    if you use BTC as unit of account then Bitcoin is the only thing that IS stable!

  19. comment
    Comment #26160009

    If you have enough hash power to 51% attack Bitcoin at all, your potential for rewards by instead mining honestly are significantly higher, at least that's how the game theory gene…

  20. comment
    Comment #26159966

    The valid reason is that Bitcoin is the best money that has ever emerged in human history. The denationalization of money is inevitable and long predicted. Check out Nobel prize wi…

  21. comment
    Comment #26105128

    How much power do you think governments have over central banks? Bitcoin is definancializing money, so those levers lose efficacy with Bitcoin's adoption.

  22. comment
    Comment #26104229

    so you will only read content that confirms your belief that Bitcoin wastes energy? I see. Have fun staying poor.

  23. comment
    Comment #26104182

    How will they confiscate those BTC gains? They are literally relying on an honor system to report holdings today. Maybe this will change and they will come after those who are susp…

  24. comment
    Comment #26104115

    Have fun staying poor. Ignoring technology that is disrupting money, one of the primary tools driving human progress, is foolish at best.

  25. comment
    Comment #26104071

    Ah, so when a central bank fiats, its sound economics. When crypto folks fiat, its a scam. I see.