I’m skeptical of the value of bitcoin, long-term.
It simply competes with sovereign currencies too much to not be seen as a political threat.
Capitalism works because to use capitalism you’re not allowed to use violence; if you use violence, you’re not allowed to use capitalism anymore, because then they ban you from SWIFT.
From a computer science perspective, it’s just a badly designed data structure, to require the hash of all previous instances of the contents of a linked list, that just doesn’t scale.
Pondering.
mangocat /
npub1nr…rjg64
2023-06-27 16:49:10
in reply to nevent1q…lfm6
Author Public Key
npub1nrec5j7uh69f7e90qpma35ftpncchy8r2e7umd3y8zcvaqypn6js8rjg64Published at
2023-06-27 16:49:10Event JSON
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"pubkey": "98f38a4bdcbe8a9f64af0077d8d12b0cf18b90e3567dcdb62438b0ce80819ea5",
"created_at": 1687884550,
"kind": 1,
"tags": [
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"content": "I’m skeptical of the value of bitcoin, long-term.\n\nIt simply competes with sovereign currencies too much to not be seen as a political threat.\n\nCapitalism works because to use capitalism you’re not allowed to use violence; if you use violence, you’re not allowed to use capitalism anymore, because then they ban you from SWIFT.\n\nFrom a computer science perspective, it’s just a badly designed data structure, to require the hash of all previous instances of the contents of a linked list, that just doesn’t scale.\n\nPondering.",
"sig": "b6fbf10ae1aa15efd4d0e692052e41ebd2378fe596c2d71151fd19d39d449f3a2b4d81be7de661ca8f4e271965068ea24e9ea01fd8af6fd0980eb5f45808d2dd"
}