śatosha on Nostr: I have never lived in a place where gov is hostile - so never had to put it up my ass ...
I have never lived in a place where gov is hostile - so never had to put it up my ass :-) - did you ?
as for deflation - #gold reached 190 million kilos in ten thosand years - #bitcoin recahed 19 million in less fifteen .. so will see what happens when miners stop mining for rewards get unsustainable .. and layers of bitcoin reduce transcations on base layer to bare minimum ..
In an impossibly rarr future - if the math and code holds up - it shall be ~21 million ... and #gold will be 210 million kilos cuz finding new gold is way more energy intensive .. the fact that AI and bitcoin offer far greater returns on per unit energy basis , will make is exponentially harder to mine gold .. and infact anything else ..
Published at
2024-09-23 17:37:53Event JSON
{
"id": "b9279cf122b1cb29a125c3027b6ccf673642f2df3cacdf5be94b34db2453b1fc",
"pubkey": "5af0794606a15b5641e25aa23d04af4cb0d7d5e68b11cacb47e56a4698fca8c4",
"created_at": 1727113073,
"kind": 1,
"tags": [
[
"t",
"gold"
],
[
"t",
"bitcoin"
],
[
"e",
"3dcb84f9b2c1e1b55755c0b2ab75379fe9248b5c78dc271fbfccb5e9ccd40c73",
"wss://nos.lol/",
"root"
],
[
"e",
"9fab90469df25cb8f505cc01323ba5f7d95a9bdc54359d9f10119da16e287b9a",
"",
"reply"
],
[
"p",
"e75960285a603026fbca0ff2f0bed5acf12c1994fa2b00686fd17bd4307dafb8",
"",
"mention"
],
[
"client",
"noStrudel",
"31990:266815e0c9210dfa324c6cba3573b14bee49da4209a9456f9484e5106cd408a5:1686066542546"
]
],
"content": "I have never lived in a place where gov is hostile - so never had to put it up my ass :-) - did you ?\n\nas for deflation - #gold reached 190 million kilos in ten thosand years - #bitcoin recahed 19 million in less fifteen .. so will see what happens when miners stop mining for rewards get unsustainable .. and layers of bitcoin reduce transcations on base layer to bare minimum .. \n\nIn an impossibly rarr future - if the math and code holds up - it shall be ~21 million ... and #gold will be 210 million kilos cuz finding new gold is way more energy intensive .. the fact that AI and bitcoin offer far greater returns on per unit energy basis , will make is exponentially harder to mine gold .. and infact anything else .. ",
"sig": "b9028acacb55e182b49c48872d123d55be997b2c95718819209a5a6da9cdb74c74c328491fc3d1e6e28a6e00284401fd28978f6bdff29d0cc87f5324f2bba604"
}