A government can just shut down a country’s internet and communication services. A government can just outright ban the currency.

Also BTS is only really worth “anything” at all becuase someone else is willing to “buy” it and others are willing to “sell” it. It is in theory (and practise) no different to buying “shares” in a company.

Also I should point out that whilst there are in theory only ever 21M Bitcoins that could ever exist in the BTC currency, the so-called “appreciation” is actually diluting the currency. The value of 1 BTC goes up against fiat currency because of the limited supply. I’m not sure what will happen if/when a) BTC crashes entirely or 2) BTC reaches that 21M limit 🤔

inflation (I have an economist) that lives next door to me, has to do with the rise and fall of the costs of good and services. nothing to do with “printing more currency”.

@brasshopper@twtxt.net I don’t think “credit” (debt) and “creditors” have anything to do with a how currency changes hands or how it is represented. The only thing I will agree on here is that debt/credit is a “crooked scheme” designed to make money from money.

It is a big massive problem in many modern societies and countries. Look at Australia’s national debt for example, its insane 😅

I personally don’t believe in having any debt. But this is not realistic for all. I definately don’t believe in “living above your means” either (same thing).

Debt/Credit is as bad (more or equally so) than Gambling.

But… Nothing to do with aparticular type of currency.

I agree that inflation is a rort, and tax is well kind of required if you want common infrastructure and what not, but also efficiently spent in many countries, controlled (in many cases) by corrupt politicians and governments and often doesn’t serve the people that it should. There a loads of problems with taxes, and I believe inflation is stupid.

We just got our rates bill (think land tax) and the value of our land (that our house sits on) went up by some stupid amount.

One has to wonder… At what point does the value of something (and thus the taxes you have to pay) stop going up?! 🤦‍♂️

@abucci@anthony.buc.ci Re proof of stake and inequality… Is this because people with money stake to vet/validate transactions and thereby make more money in the process? 🤔 – This is at least how I understand it works generally… How is this different from those same people(s) investing that same money in things like Shares/Stocks,Businesses, Savings Accounts, etc? 🤔

@tkanos@twtxt.net Haha 😆

@eaplmx@twtxt.net What’s the error? I have zero experience with Windows though and I build the Flutter codebase on macOS here normally

@brasshopper@twtxt.net “yearly inflation rate” is NOT “number of new pieces of currency created”.

Envío una prueba desde pdpush/phpub2twtxt

Fiat needs coercion/violence to survive.

I don’t buy the “environmental disaster” arguments. In fact, I think the opposite may prove to be true.

Bitcoin represents the strongest property rights that have ever existed.

Long term, Bitcoin is an appreciating asset. This discourages debt and therefore discourages slavery.

Debt is slavery. Fiat encourages debt. Therefore, fiat encourages slavery.

1. The inflation we see with fiat currencies (USD, AUD, etc.) is straight up theft. This theft hurts the least advantaged people most.

@abucci@anthony.buc.ci @prologic@twtxt.net I want to emphasize that I asked that question in good faith. I genuinely want to know what ya’ll believe to be true. I don’t know everything and maybe you know something that I don’t. (In fact, I’d love to know why @prologic@twtxt.net thinks there’s been “harm to the economy”, but we can save that for later.) I wanted to hear you first before I started spouting off about why I think Bitcoin (excluding other crypto currencies) is a net good for society. But since ya’ll asked, I’ll list them in a fork of this twt. (Not gonna try to prove them off the bat. I’m just gonna list things I believe and we can discuss in forks for each one. In addition, I’m leaving room for the fact that writing these things out might lead me to realize that I’m wrong. I’m happy to admit that I’m wrong. I hope you can go in with the same attitude.)

@xuu@txt.sour.is proof of stake = people with money get more money. It accelerates the wealth inequality problems that are already plaguing us. Crypto has even worse wealth inequality than fiat currency systems, which is 100% predictable.

@xuu@txt.sour.is

But I have since cached out for my lambos and such

🤣

-1 for the negative on environment all that electricity uses. Still waiting on proof of stake.

It is also too overrun with Tech Bros scamming people to get rich quick.

It was a fun ride back when I first bought in. But I have since cached out for my lambos and such.

@abucci@anthony.buc.ci has a good point. I’ve also listed my reasons too, but I’d really be quite interested in hearing your “pros for” cryptocurrencies 🤔 Kind of curious at this point what people still see in it? 🤔

@brasshopper@twtxt.net Aside from the ridiculous hype of it all, the insane losses and harm to the economy, and the massive environmental disaster that is most crypto* – My biggest gripe with it all, is simple this:

I don’t want the world to see my fucking transactions!!!

🤣 🤦‍♂️ 🙄 Right now my transactions are seen by my Bank, my Wife and myself. I also use a financial tool to track expenses and make decisions, etc. The simple mere fact that cryptocurrencies are based around the idea of a distributed network topology and a data structure designed to be in the open with algorithms that make it hard to tamper with, is well insane 😅 Good for things that should be in the open and transparent, not good for things that should not be, like privacy 😅

A good mailing list manager I’ve seen (written in Go) is:

listmonk - Free and open source self-hosted newsletter, mailing list manager, and transactional mails

@eaplmx@twtxt.net Why aren’t you using our Mobile App Goryon? 🤔

@justamoment@twtxt.net Again I’m so sorry 😅 Some good shit I linked though 🤣

@tkanos@twtxt.net If by “near” you mean an hour or so drive, then yeah 😅

So I think the most interesting part of this Yarn is the concept of a “cp-opt” and the fact that several of you in this thread are somewhat willing to help the project out in some form of “donations”.

Should we talk about what that co-op should look like? How it should be run? Is this something we want to do?

@abucci@anthony.buc.ci Same. Bitcoin 🤮 (Any cryptocurrency really)

@tkanos@twtxt.net I don’t personally find Lobsters or Hacker News interesting at all to me. Once upon a time I did subscribe to some parts of them both via Atom (via our feeds service) – Using Yarn itself as an interface (I use Yarn both socially and for news) – But sadly I discontinued this, primarily because of “noise”. These two platforms are so big and so centralised that they are effectively the equivalent of a large tree of crows in the evening, just pure noise.

Intereating discussions lints here. I agree Software should be “done” at some point. Although it is by definition meant to change 😆 I think part of the problem is the focus on “users” – especially in the “cloud” era were in 🤦‍♂️

@lyse@lyse.isobeef.org Look more closely 😂

I like twtxt format very much, for being decentralized and everybody can hold their own data. But I see 3 negative points.

1. not everybody can host their file
2. discoverability is hard
3. lack of encryption

@akoizumi@social.kyoko-project.wer.ee Ah, took a while, but now it’s working again! 🙃

@prologic@twtxt.net spamlogic 👽

@prologic@twtxt.net do you leave near the beach ?

👋 Hello @sueraini, welcome to yarn.zn80.net, a Yarn.social Pod! To get started you may want to check out the pod’s Discover feed to find users to follow and interact with. To follow new users, use the ⨁ Follow button on their profile page or use the Follow form and enter a Twtxt URL. You may also find other feeds of interest via Feeds. Welcome! 🤗

@brasshopper@twtxt.net bitcoin 🤮 that’s a hard no from me

👋 Hello @darryltut, welcome to yarn.zn80.net, a Yarn.social Pod! To get started you may want to check out the pod’s Discover feed to find users to follow and interact with. To follow new users, use the ⨁ Follow button on their profile page or use the Follow form and enter a Twtxt URL. You may also find other feeds of interest via Feeds. Welcome! 🤗

I ll be interested too, I mostly use hacker news and lobsters. Do you really find useful things on Reddit ? I only see there memes and catch time things but nothing really interesting. Or maybe I don’t know how to use Reddit.

@prologic@twtxt.net You mean the motorcycle cop(s)? Is it rare in Australia?

Image

This was interesting to see on the road today 😆

@darch@neotxt.dk Hmmm interesting… 🤔

@brasshopper@twtxt.net Interesting… 🤔 I wonder how many other folks out there that share your thinking here…? 🤔 Would it ba viable? 🤔

@akoizumi@kyoko.nerdpol.ovh LOL 🤣

@eaplmx@twtxt.net Nice! 👌

Define small fee?

@brasshopper@twtxt.net Oh really? Hmmm 🤔

@abucci@anthony.buc.ci Ahh I see 🤔