Perhaps this is a new paradox: interest rates rise whether there are too many or too few dollars. I asked Grok: If there is a massive dollar shortage around the globe, what happens to interest rates? Grok says interest rates will rise. If the dollar suddenly devalues, grok says interest rates will rise. If massive increase in dollars causes high inflation, Grok says interest rates will rise. There must be more to this game…because it’s tempting to conclude that interest rates rise when there are too few and too many dollars.
Bitcoin consensus rules are almost perfect. I think it was an error to permit bitcoins to be spent if public keys were exposed in the blockchain, but I can see why it is slightly hard to enforce this computationally… I predict someday we will see a new consensus rule that says you can’t leave pubkeys exposed for long and remain spendable…bitcoin isn’t for dead people.
Buy Bitcoin. This is financial advice.
Liana wallet with time locks kinda would make a good bribe, of sorts. Convents would be even better. How does the bribe work? You give a judge or political official bitcoin that can’t be spent for 10 years. That’s it. That’s the bribe. Everything else takes care of itself.
Silver hasn’t even 2x’d prior high over 40 years ago and people are like woohoo!
I’ve humored @₿en Wehrman ‘s uncommon views by engaging in his content. It’s been interesting and even sometimes entertaining. I challenge Ben to watch this 14 minute flat earth video:
This is kind of a big deal, and something I need to learn more about… @Bitkey hardware wallet (of @jack fame) now has some privacy preserving functionality that still permits collaborative multisig Curious what exactly this means and if my all time favorite @Casa could implement this… @Jameson Lopp