Yes, bitcoin is almost "perfect" money... Not 💯% perfect but compared to everything thing available, it is perfect. It's perfect as a store of value as well as for medium of exchange. It is not used as a medium of exchange, for now. That's because almost no one has an "moe" problem. We have a store of value problem.
Good thoughts from Javier Milei who got it from Milton Friedman: The 4 ways people spends money: 1. You spend your money on yourself. You know what you want and you do it carefully. 2. You spend your money on others, a gift. You spend it to look good with as little as possible. 3. You spend others money on yourself. You spend carelessly and wastefully on whatever you like. 4. You spend others money on other people. The worst. You don't care and will never be efficient.
image
AI is getting smarter. Smarter in the sense they can call upon tonnes of data and collate them based on the experience of millions of people and their thoughts. AI does not have wisdom and their smartness is an appearance of intelligence. But many people are getting dumber by assigning their critical thinking and evaluation to AI. Imagine these people asking AI who won a debate of 2 parties... Vance or Walts? Rafizi Ramli vs Lim Sian See? People have lost their collective minds. The reason for important issues be debated is so that you... yes you, can use your own mind to evaluate the position, rationale and coherence of arguments of both parties.
A new milestone from our small community of Bitcoiner Malaysia. Had a great meetup with Saifedean and Stephan to grace our event. Lots of fresh new insight into the world of bitcoin and what the future holds. All the signal, no noise and no shitcoining.
Looking back 15 years ago to ponder the future. image
Free range eggs, 2 ways.. add cottage cheese, butter and salt..