I think in general Jeff Booth and Jason Lowery are the hardest to understand because they already see where this is going - it's almost like it's too advanced for most people. Sheesh, chance and I can't even get people to admit that a trustless, permissionless network of absolutely scarce digital payments is "valuable" to other people, so going worlds beyond that is even more daunting.
chance, do you think the US government understands this reality, or just a small number of people within a department or two do?
Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin (2023) : Major Jason P. Lowery : Free Download, Borrow, and Streaming : Internet Archive
Lowery, Jason P. (Major). Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin (thesis). United States Space Force,...archive.org
I think a few understand, but keep in mind most of the people that make policy decisions are too old to really understand. Maybe a few mavericks will be able to cobble something together with or without the full understanding of general officers and high ranking govt officials.
Of all the things you've said about Bitcoin, this takes the cake as the most absurd.
I hope you stick around to still keep giving the incredulous objections, because it's informative for the others who are also interested and have similar questions. I theorize that you lack imagination on the topic for various reasons, the foremost being age: not only do you think that it won't be useful for you, you also believe (incorrectly) that it's too late. So what we have is sour grapes and emotions that ironically desire it to do what you want it to do (go to zero) which is what you accuse us of doing. I find that extraordinarily amusing.
While there is no proof using the past that specifically BTC will do what we claim it will, due to other things being unconscionable for past humans or civilizations, it would be silly to think that something that many people didn't see coming or was thought impossible would happen. That's literally the history of humanity. It happens over and over again.
These truths you talk about aren't hidden. We have uncovered them for you to see, but you refuse to see them. They aren't hidden at all. We can only theorize, as above, as to why you refuse to see them. In addition, by definition if you don't see something that is valuable for what it is, of course you won't "reap the rewards" from it. The fact is that you can still do so if you take the plank from your eye.
As you said previously, war has always changed. And you are correct, it will again. Neither chance vought nor I am claiming when this will take place, but it's clear to me that eventually this will also happen. The reason the naysayers can't see this is that it's required that you already understand the idea that the best money ever has been discovered, that it always replaces the bad money, and then the final and most amazing thing is realized: fiat is the main reason why wars take place at all. It's not all that crazy or complex to see once you realize the link between money and virtue, or money and abuse.
What's your take on the power law? I'm convinced it'll be a good guide for the future. If it were to get disrupted, I think it would be to the upside, which of course is a good thing. As it stands I bet it'll be quite good as a predictor, but am guessing that it's best seen as a support level arc/asymptote.
It seems to be the most convincing model. We shall see how it plays out this run!
Wars took place long before fiat was invented. Wars have been occurring since the start of civilization. That is the nature of humans. Would there be fewer wars without fiat because they would be harder to fund? That is certainly possible.
Yes, I'd just ask that people pay attention to words used, as in my statement before. This happens occasionally, and I expect a lot from people here, so that's why I'm saying this. My statement said that it was the main reason, which is accurate, since the scale of wars in modernity, which is when we live, is significant due to fiat and/or banking (which also debased currency and promoted war or their banking trade). You are correct though, war won't go away entirely; at a minimum forms of war or violence won't, I agree.
I also see nations fighting each other through the internet and social media, China banning US social media, US wanting to ban Chinese Tik Tok and their cellphones, China banning bitcoin, certain websites being blocked
Which is ineffective and will ultimately fail. You can’t ban the internet. What you can do is increase the cost so that China’s 50 cent army costs a lot more than 50c. Instead of algorithmic “engagement”, engagement costs real money - sats on the lightning network -
I saw a photo once in China, huge multiple shelves all connected with cellphones, hundreds, and there was a lady manually operating all of them probably to create likes and follows on social media, china has many phones and maybe they doing stuff like this haha
With NOSTR, a "like" means almost nothing, zaps mean much more, if it's 1 cent or 1/10 cent (the most common zap is 21 satoshis about 1/5 cent)
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