Viewing profile — patricius

New to Bitcoin, I guess?

I will, once again, bring your attention to hashql, which is so pleasant to use. It's so minimal that it is almost more a pattern than a library. Try it out as an alternative to gr…

I think it comes down to, if you read the history of the American Medical Association, that some doctors simply didn’t like a free market pushing down prices for their services.

No, not something better designed. Something augmenting Bitcoin to make it cheaper to transact while maintaining a base layer for final settlement that is secure and decentralized.…

The miners pay for the power, and they believe it is not a waste to do so.

What you call inefficiency (I guess in terms of power consumption) is a misuse of the term in a world where value is subjective. It is efficient and necessary for the use case and …

Maybe Lightning Network will scale, maybe not. But VISA or Mastercard could build on top of Bitcoin and allow many more transactions than the base layer does. You would use the bas…

Value is subjective, so it is by definition wrong to say that something is objectively a waste. It depends on who you ask.

Your first mistake is assuming that the power used to secure the Bitcoin network is a waste. It is clearly not, since thousands of people believe it is worth paying for. The second…

Really deep analysis. Thanks!

I know I’m welcome to escape the plantation, thanks. Still doesn’t make slavery right though.

The same way that ransom is the fee you have to pay for the privilege for someone to stay alive? What more do I need? I just need the world to get rid of extortion.

He means that there is no good argument for getting the money needed for the things you mentioned through taxes, since taxes are theft.

Use fzf for file navigation and perhaps vim-vinegar. When you open Vim, use :cd to change to your project directory and you’re ready. Use :term to start stuff, e.g., a local web se…

Really just a few lines of code to have a REPL-like experience with Vim and Postgres.

There was no lag. You just didn’t see dramatic price increases in consumer goods. But you saw substantial increases in the price of stocks and real estate for instance. Also in hea…

There is an option to close the terminal buffer when the terminal process exits, e.g., `:term ++close `

Better than :term in Vim 8? How so?

Right. We could choose not to buy from them, helping them stay in poverty. That's always an option.

... or fractional reserve banking

When Austrians talk about inflation, they specifically mean an increase in the money supply. They also mean this today. You said in your original post that for a cryptocurrency to …

Before suggesting somebody read an introduction to economics to learn about inflation, please try to take a deeper look into what inflation really is: > Inflation, as this term was…

Inflation is not price level. It is increase in the money supply. An increasing price level is the result of inflation. By definition gold is inflationary since its supply continue…

Well, not exactly. For instance, if you see gold as money, it is inflationary because of its increasing supply, which is not decided by a governing body, but by the supply created …