Bitcoin's grand unified, eternal immutable surveillance blockchain is centralized and distributed... not decentralized like Nostr.
Bitcoin has a centrally planned rate of supply, artificially fixed in advance, by it's unknown central planner(s). If Bitcoin had a market-determined rate of supply, supply could fluctuate in response to changes in market demand. This is *the* price stabilizing mechanism with any non-fiat good with supply left to market forces.
Bitcoin is a fiat good (by decree - not made up of existing components - 42M could have been decreed just as cheaply as 21M, which doesn't even appear in the whitepaper -- it's an arbitrary number selected by it's central planner).
Lysander Spooner /
npub1av…qmfgw
2023-03-01 17:51:56
in reply to nevent1q…rw3r
Author Public Key
npub1avmz5jk4c409lupvak5ra244m06w30s840kz2c2mkt37h0lhh4sskqmfgwPublished at
2023-03-01 17:51:56Event JSON
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"content": "Bitcoin's grand unified, eternal immutable surveillance blockchain is centralized and distributed... not decentralized like Nostr.\n\nBitcoin has a centrally planned rate of supply, artificially fixed in advance, by it's unknown central planner(s). If Bitcoin had a market-determined rate of supply, supply could fluctuate in response to changes in market demand. This is *the* price stabilizing mechanism with any non-fiat good with supply left to market forces. \n\nBitcoin is a fiat good (by decree - not made up of existing components - 42M could have been decreed just as cheaply as 21M, which doesn't even appear in the whitepaper -- it's an arbitrary number selected by it's central planner).",
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