β€œEnvy is the crooked glance from below at something higher, which remains uncomprehended and unattainable, and must therefore be pulled off its perch, sullied, and destroyed.”
The future is influenced only by the greatest minds of a generation. How great are the minds building CBDC's? My feeling is that no great mind in software engineering would touch those projects with a 10 foot pole. How many great engineers are passionate about giving governments even more control over the money supply? How many are excited about money which expires? The minds behind CBDCs are as ignorant about software as most amateur entrepreneurs areβ€”they see engineers only as low-level contractors. Truly disruptive software is built by engineers working in isolation with complete control over their vision. No great piece of software began in the mind of a politician or a banker. The bar for CBDCs to disrupt money as we know it is the same as for any other shitcoin trying to disrupt bitcoinβ€”they must be at least 10x better. CBDCs will fail to gain popular adoption until some brilliant engineer working alone creates one with the belief that his work will save the world. I just don't see that happening.
Software developers age roughly two years for every calendar year that they work. I am therefore in my late 60's.
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"When you believe in things That you don't understand Then you suffer Superstition ain't the way" The most important song lyrics of our time come from the past.
I wish I could filter out notes that are not in english or larger than x bytes. I have no inline translation support as I am not using Google Play services, and some notes are so long that they are basically timelines of their own.
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I don't see how nostr is going to survive. The content is way too rich to scale and the cost of relays will rise quickly with adoption. This protocol is too liberal and lacks the constraints needed to ensure longevity. can't finish thought, client crashing
Fiat economics since 1971 has been like a roulette wheel that lands on Red with every single spin.
Every homeowner on my street is a newly minted multimillionaire and nobody seems to think that this is a problem. Five years ago it was only the waterfront homes but now even inland empty lots are listed at half a million. How many more straws do you think we can load on this camel?