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Dave86ch

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Dave86ch last won the day on January 6 2023

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  1. Unfortunately, Bitcoin's success has also brought a lot of noise. This article is amazing, and unfortunately, a serendipitous mistake prevented me from accessing this resource earlier. As @james22 said, demonstrating this level of understanding and conviction is not trivial and required many hours of learning. Otherwise, my friends, coworkers, and classmates would have been wealthier instead of being overly indebted. I am still convinced that, because of this lack of understanding, many people are missing the opportunity once again. Many discussions I've read about Bitcoin in the last few years have been less straightforward and polluted with the consequences of adoption, making it not that simple to understand where the truth lies. However, the truth itself is simple. “You can recognise truth by its beauty and simplicity” Richard Feynman The first tweet by Saylor about Bitcoin was notorious
  2. Buying and, above all, "holding" Bitcoin is not just an IQ test for individuals but also for countries. It represents a wealth transfer, as has occurred many times in history, usually from the old aristocrats to the new, technologically savvy aristocrats. Moreover, it requires a good dose of courage to invest a significant amount of personal wealth.
  3. Nostr implemented Zapping, which works really well. I remember the first zap I received from Jack Dorsey as a memorable moment. The fact is that Bitcoin is a base layer where there are already tons of use cases, but it takes time to gain adoption. It is a tool able to adapt, and people prefer to argue based on their biases instead of diving into the technology. This creates opportunities for us. Bitcoin is lollapalooza. https://dscompounding.com/2023/04/24/compound-your-energy/
  4. Valuable, stable, and liquid. Just a way to provide an exit option for the wealthy and tech-savvy. A financial ark for which some countries will build harbors.
  5. Rationality will never be the glue that coordinates our actions as a species. This doesn't mean that our actions are not sometimes backed by rational thinking.
  6. I run a full node and a lightning node on an old ThinkPad. Why? Because it's the religion I belong to, and I will defend this idea. I will explore new territories, be part of a changing environment. I'm the ant that follows a new path, the rebel who wants to subvert the status quo, the person who seeks more freedom. https://dscompounding.com/2023/03/18/optimalism-the-mind/
  7. Does the rise of a non-earning asset kill productivity? Or is it just a way to transfer 'energy' to productive people, allowing a frictionless exchange of 'energy' between them? I mean, it's clear that those who were early in Bitcoin understood something that others didn't grasp. Transferring capital to them may lead to some inefficiencies among the masses, but I wouldn't call it unproductive; rather, it's a wealth transfer.
  8. Time to embark on Noah's Ark.
  9. Good question. I purchased it a long time ago and staked a small portion of my investment, but I still own it because I recognize the potential of the Turing-complete Ethereum Virtual Machine. I've learned the basics of Solidity and a few frameworks like Foundry and Hardhat. I see a significant role for it in our society, and many large institutions are involved. However, I acknowledge that the staking mechanism is exploitable, and I wouldn't bet everything on a Proof of Stake algorithm. Every rollup pay duty on eth
  10. I'm reading a recently released email exchange between Satoshi and Martii Malmi, dated from 2009 to 2011.
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