If you want to experiment and see what the market will bear, be my guest. But don't be messing with my money to do it.
Show me there's a real market first before demanding a consensus change. That's all I ask.
You can basically do covenants by creating pre-signed transactions and throwing the private key away. To my knowledge no wallet has any UI for it and no service advertises that they do anything like this. Which raises the question, if covenants are so useful, why don't people do what I've described?
Fun is overrated. Yea, it's great when you have it and certainly attracts people to your activity, but it's way too easy to chase all the time. I think Bitcoiners have learned this lesson. They're seeing that savings lets you pursue something worth pursuing. Goals, dreams, accomplishments. Sh*tcoiners have not. They're still all about "fun" and doing so in more and more degenerate ways. It went from disrupting Facebook to digital art to financial games to memes. They've run out of "fun" and are in the depths of despair as they start questioning their life choices.
There are a lot of money managers that will keep fighting the last war. Fight inflation all you want with diversification, leverage and politics. Bitcoin has no concern for any of those things because it's an order of magnitude better.
If you think about it, every fiat-printing central bank and every company that can issue their own stock or bond is essentially able to print a non-scarce resource to buy something scarce. Altcoiners knew this in the ICO bubble of 2014-2019 until the market realized that Bitcoin performed much better. The investment of Bitcoin now by these institutions is going to create a lot of Bitcoin Maximalists in 5 years.
Boomers took a high-trust, high capital society and spent it down to deep debt. Bitcoiners will be building that trust back up through savings.
This leftist is doing what Bitcoiners have been doing for ages. Gotta love the Keynesian Brainwashing that makes him think this will hurt Trump. image
I am part of Gen X. This election felt like to me the first real victory over the Boomers.
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