coinward

7 ms·

1.
by coinward 5y ago
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 emergence of peer to peer electronic cash and a new base lay
2.
by coinward 5y ago
you seem confused, jack left twitter to focus on squareblock's shift toward bitcoin, not web3 scams
3.
by coinward 5y ago
Operate on a bitcoin standard
4.
by coinward 6y ago
Price discovery is a volatile thing
5.
by coinward 6y ago
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", Bitcoin does not seem volatile. Instead, it s
6.
by coinward 6y ago
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 standard, governments have unleashed record spending. Bitc
7.
by coinward 6y ago
The reason is that there is no entanglement to the material world which allows you to remain pseudonymous if you choose so
8.
by coinward 6y ago
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 with guns, well then we have a power struggle.
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by coinward 6y ago
what a waste of intellect
10.
by coinward 6y ago
Turns out there is more to money than serving as a reliable medium of exchange
11.
by coinward 6y ago
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 whitepaper and learn what the emergence of the first new
12.
by coinward 6y ago
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. Authorities have never stayed trustworthy and alw
13.
by coinward 6y ago
Satoshi was correct to assume that the most useful work is securing the network
14.
by coinward 6y ago
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
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by coinward 6y ago
things should be getting cheaper with innovation and technology growth
16.
by coinward 6y ago
fiat is volatile and loses purchasing power by design. gross!
17.
by coinward 6y ago
if you use BTC as unit of account then Bitcoin is the only thing that IS stable!
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by coinward 6y ago
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 generally plays out
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by coinward 6y ago
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 winning economist Hayek's Denationalization of Money htt
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by coinward 6y ago
How much power do you think governments have over central banks? Bitcoin is definancializing money, so those levers lose efficacy with Bitcoin's adoption.
21.
by coinward 6y ago
so you will only read content that confirms your belief that Bitcoin wastes energy? I see. Have fun staying poor.
22.
by coinward 6y ago
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 suspected to be holding BTC due to purchase records from KYC com
23.
by coinward 6y ago
Have fun staying poor. Ignoring technology that is disrupting money, one of the primary tools driving human progress, is foolish at best.
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by coinward 6y ago
Ah, so when a central bank fiats, its sound economics. When crypto folks fiat, its a scam. I see.
25.
by coinward 6y ago
Something ironic about U of 'Queensland' pushing out a study which could be used in justifying the long running prohibition and demonization of a medicinal plant by state authorities.
26.
by coinward 6y ago
howd you get 21.5b? trying to run the #'s here
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by coinward 6y ago
How about USD price manipulation? How much of the USD being created by the FED is back by their reserves?... Is this scam sustainable? What effect would a Fed collapse have on Bitcoin's price? I'm going to wager that the Fed scam
28.
by coinward 6y ago
Happy 2021! Mycofounder and I are building Swym, a prize linked savings app using Bitcoin. We're located in the bay area. As a team our background is finance and js development. Were looking to add another engineer! Feel free to check
29.
by coinward 6y ago
I've adopted Bitcoin as my preferred money and use it for savings. I noticed that usd and all other currencies are very volatile, but 1btc is always equal to 1btc. For me, Bitcoin is the least volatile option.
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by coinward 6y ago
What inflation in early march are you referring to? From my view the fixed supply growth and production from new blocks went right on schedule. Nothing unexpected

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