I see people come to the same key realisations about bitcoin and crypto and state them as original thought over and over again. The highlights being:
1. Church and state were separated so why shouldn’t money and state?
2. The price couldn’t go to $100… as someone would swoop in and buy it up then!
3. Deflationary systems help preserve value in the long run.
4. One bitcoin is always one bitcoin.
5. Money is a store of value.
6. Fiat is a Ponzi scheme!
7. It doesn’t matter who Satoshi is.
8. The energy spent by miners across the world is insignificant when compared with what is spent by the fiat world.
9. The energy spent by miners is not waste. It’s what is required to make this new monetary system work.
10. Keeping the money honest is a way to keeping the world honest.
Did I miss anything? Should something else have been included in the top ten list?
chalky sparks / Chalky Sparks
npub19u…ltjhj
2023-04-04 05:11:21
Author Public Key
npub19uw594v728mm0fsc7yh0ala27rvmlgwfqpa7casqg3l2vk8adgksgltjhjPublished at
2023-04-04 05:11:21Event JSON
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"pubkey": "2f1d42d59e51f7b7a618f12efeffaaf0d9bfa1c9007bec7600447ea658fd6a2d",
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"content": "I see people come to the same key realisations about bitcoin and crypto and state them as original thought over and over again. The highlights being:\n\n1. Church and state were separated so why shouldn’t money and state?\n\n2. The price couldn’t go to $100… as someone would swoop in and buy it up then!\n\n3. Deflationary systems help preserve value in the long run. \n\n4. One bitcoin is always one bitcoin.\n\n5. Money is a store of value. \n\n6. Fiat is a Ponzi scheme!\n\n7. It doesn’t matter who Satoshi is. \n\n8. The energy spent by miners across the world is insignificant when compared with what is spent by the fiat world. \n\n9. The energy spent by miners is not waste. It’s what is required to make this new monetary system work. \n\n10. Keeping the money honest is a way to keeping the world honest. \n\nDid I miss anything? Should something else have been included in the top ten list?",
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}