I see you are still unhappy that the development of a good L2 solution is not monero-like and not perfect outright. Has there been a serious LN rugpull/exit? Most will need to get burned first before they come to see anyway, so I do hope someone tries it.
So why would there be difficulty mechanism to prevent miners from overinflating the supply? Why is there even a supply cap? Why have the halvings at all? Are you claiming Satoshi didn't know those properties would make it an excellent store of value in a fiat-centric, inflationary environment?
The reason gold always resurfaced as medium of exchange after periods of government fiat is because during said periods smart risk-takers would hoard it, using it to store value for the future. The masses couldn't care less, they are interested in clown shows, not the real world. So in our current regime what we ought to do is hodl as much sats as possible, probably until our kids come of age. Would you agree?
Might be a good idea to have some in the event it catches on, as a good man once said. How to spend it in the most perfect/utopian way possible comes after, as a good amount have saved their wealth in sats first. If blackrock and co have gotten most of it in the end, it wouldn't matter anyway, would it?
Ike
npub16t…agvl3
2024-04-27 09:41:17
in reply to nevent1q…5hyy
Author Public Key
npub16t555cl3wd2pmssnsr6d44hld3tc87w8nn8c03l8ft539lzjpmtsgagvl3Published at
2024-04-27 09:41:17Event JSON
{
"id": "b0b1ea4a8e9f7dada0373914adbec9708b23cc2f88a39dd2719453069da2ece6",
"pubkey": "d2e94a63f173541dc21380f4dad6ff6c5783f9c79ccf87c7e74ae912fc520ed7",
"created_at": 1714203677,
"kind": 1,
"tags": [
[
"e",
"a22e7e868cf00c96d32fe24ece8c9e024e57651a4f109918bd6181b26a8d4ffd",
"",
"root"
],
[
"e",
"ef249cd4b83a43e1406075daddc84854dd779f0e64d4100218e2474fd86d58c2"
],
[
"e",
"405359def653b615bc8b669f0b4868af4ba8a325140c2b0be8d49ca12f755e65",
"",
"reply"
],
[
"p",
"d2e94a63f173541dc21380f4dad6ff6c5783f9c79ccf87c7e74ae912fc520ed7"
],
[
"p",
"8e9116fa763c1844f82fa8dc16c6c43bacf52e62ad0c1a8dd15be214d8141deb"
],
[
"p",
"fbe5e80ec8db5c439e2582d5799d25e2fe8b958b1edf595a173ae1c8aaf46077"
],
[
"p",
"af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85"
]
],
"content": "I see you are still unhappy that the development of a good L2 solution is not monero-like and not perfect outright. Has there been a serious LN rugpull/exit? Most will need to get burned first before they come to see anyway, so I do hope someone tries it.\n\nSo why would there be difficulty mechanism to prevent miners from overinflating the supply? Why is there even a supply cap? Why have the halvings at all? Are you claiming Satoshi didn't know those properties would make it an excellent store of value in a fiat-centric, inflationary environment?\n\nThe reason gold always resurfaced as medium of exchange after periods of government fiat is because during said periods smart risk-takers would hoard it, using it to store value for the future. The masses couldn't care less, they are interested in clown shows, not the real world. So in our current regime what we ought to do is hodl as much sats as possible, probably until our kids come of age. Would you agree?\n\nMight be a good idea to have some in the event it catches on, as a good man once said. How to spend it in the most perfect/utopian way possible comes after, as a good amount have saved their wealth in sats first. If blackrock and co have gotten most of it in the end, it wouldn't matter anyway, would it?",
"sig": "ac524f9fe32d3dd8ddbecfa5830d0128cf9b7d80cf92842e743fba7bfad243415ec9e769ba0917d12807021b91ae12df9e5125eb3ff043c555ef9b1206df4638"
}