In long-term hodling bitcoin weakens the network. Bitcoin needs to be moved around between addressed to secure and strengthen the network to contribute to miner fees for proof of work.
#pizzastr :P image
Fascinating nature :) image
Just deleted #instagram (again) from my phone. I had already deleted it in the last years several times, but reinstalled it again and again. I have hope this time I can replace doom scrolling with giving and receiving value in form of #zaps at #nostr.
What is the best client / wallet combination on iphone to react on notes with a zap. #asknostr snort.social client opened in brave opens Bluewallet instead of WalletOfSatoshi iphone app Damus "only" offers zaps to profile but not to notes. Maybe i will try it out on your replies ;)
| **Characteristic** | **USDollar** | **Gold** | **Bitcoin** | |------------------------|--------------|----------|-------------| | **Fungibility** | High | High | High | | **Verifiability** | High | Moderate | High | | **Divisibility** | High | Moderate | High | | **Censorship Resistance** | Low | High | High | | **Immutability** | Low | High | High | | **Stable Supply** | Variable | Limited | Fixed | | **Trust** | High | High | Don't trust. Verify! | Let's delve into the details: 1. **USDollar**: - **Fungibility**: High (interchangeable units). - **Verifiability**: High (widely accepted and regulated). - **Divisibility**: High (small denominations). - **Censorship Resistance**: Low (government-controlled). - **Immutability**: Low (subject to inflation). - **Stable Supply**: Variable (central bank policies). - **Trust**: High (widely used). 2. **Gold**: - **Fungibility**: High (standardized purity). - **Verifiability**: Moderate (assay required). - **Divisibility**: Moderate (limited by physical form). - **Censorship Resistance**: High (not controlled by any entity). - **Immutability**: High (limited supply). - **Stable Supply**: Limited (mining constraints). - **Trust**: High (historical value). 3. **Bitcoin**: - **Fungibility**: High (interchangeable units). - **Verifiability**: High (blockchain transparency). - **Divisibility**: High (digital fractions). - **Censorship Resistance**: High (decentralized). - **Immutability**: High (fixed supply). - **Stable Supply**: Fixed (mathematically determined). - **Trust**: Don't trust verify.