>satoshi predicted MSTR>MSTR has now a monopoly on global Bitcoin holdings forever>the MSTR stock is undervalued by 99.99%>tards still talking about muhuu mNAV premium not justifiedWhen tardstreet realizes the fact, it will big, and it will be fast.
Ok and what would prices be denominated in if each bank has it's own currency?You'd go to a shop and see a product and the price tag would be what? 1.99 HSBC Dollars, or 2.99 Wells Fargo dollars etc?
>>61030373dummy the price would be in bitcoin. everything will have a bitcoin price and whatever else on top the merchant wants to accept. the local fiat, gift cards, coupons whatever shares.
>>61030407correctioneverything already has a bitcoin price. It's the only pricing mechanism working in the world right now.
>>61030255Lightning fixes this.
>>61030424LN has the unfortunate requirement that your device has to be connected and run 24x7-ish, otherwise someone can force a channel close with an old state and fuck you over.Having MSTR run a Bitcoin LN "bank" that keeps its channels open 24x7x365.25 and skims a couple of sats per transaction is win-win for everyone.
>>61030424>>61030471and you can buy shares of the best future bank by buying MSTR easy 10x
governments around the world understand exactly what allowing a single company the ability to control the price of a multi-trillion dollar market means. that the dollar is worthless and also an asset with a ton of usd exposure is equally worthless and they'll use real collateral like gold and critical minerals
>>61030255Hal wasn't satoshi
>>61030424>>61030471state channels are awful and will be looked at as a relicbabby's first scaling solution
>>61030943>real collateral like gold and critical minerals>so-called rare assets that will be mined from asteroids in a few decades
>>61031034>willlmao
>>61031041>you see, there’s quintillions of tons of rare earth metals out in the solar system, but definitely nobody will ever bother to bring them back and lower the cost of using said metals in industrial capacities
>>61031086ok, so if were mining asteroids in your future schizoid scenario, we are also quantum computing and breaking private keys too, just a few decades bro trust me bro. now what?
>>61031152How is asteroid mining schizo? We as a society have already landed on them and taken samples. But taking bigger payloads from them is impossible to you? You’re the schizo.>we are also quantum computing and breaking private keys tooBecause $2.5 trillion in market cap is going to sink because bitcoin didn’t soft fork to something quantum-resistant. Something that has been discussed since the days when you were watching Spongebob. Okay dude.
>>61030471Oh shit, I just now understood why Saylor is going to own everything. Thanks anon
>>61031152I already imagine you as an illiterate peasant farmer in the early dark ages.>these so-called explorers are going to venture across the poison water and bring back rare spices! I highly doubt that!
>>61031229>But taking bigger payloads from them is impossible to younot at all, but dicussing a scenario that is way more than decades out. and assuming an uninterrupted tech curve to enable it. and also assuming no other developments (like quant computing) develop on a similar trajectory, that would also make every asset we talk about today garbage sewage including btv. my point is, you cant just say gold will be asteroid mined as a rebuttal to it being better than btc
>>61031247this is what im talking about. you guys are so embarrassingly stupid and lash out when someone interrupts youre bizarre naked prayer ritual larp to the cpu heavens in the forst
>>61031254One is scarce, and the other is scarce but won’t be soon. I’ll take my chances. And by the way, we’re going to Mars by 2040. These sci-fi scenarios aren’t as far-fetched as you may believe.
>>61031034>rare assets that will be mined>>61031086>rare earth metalsdo you know what "rare earth" minerals and metals like gold are, and the difference between them? you clearly have no clue of what you are talking about kek
>>61031259I’m not a cult member, I just think bitcoin represents a better storage of value for the future. I could be wrong. Maybe not.
>>61031268>semanticsSure did show me.
>>61031263right so gold is scarce, currently, literally, and unless we divert quintillions of wealth to lay infrastructure to go get an "unlimited source" that depends on trilliosn being spent just to get some, hopefully when asteroids are close to us because our 2040 tech gets obliterated on impact going past mars. >but we wil have super secret quantum blackhole ftl travel! and you can never code break btc because we have forksok retard
>>61031275>>semanticsholy shit HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAyeah faggot, chemistry is "semantics" nowyou have no shame, do you? top fucking kek
>>61031034You realize all electronics and the world run on these right?
>>61030255>The entire value proposition of bitshit now is that you might be able to sell it to Saylor someday with his revolving line of credit backed by his own store of bitshit for USD at a higher price than you bought it
>>61030255yeah, this is why i know that anyone who talks about how bitcoin “isn’t used as money” and “isnt what satoshi intended” is a retard and completely behind in the game.it’s not money for you and me to go to our local starbucks and buy a latte. it’s money for banks and national entities to utilize when making supranational economic decisions.thats why its so insane the average person can still buy in and have more than 0.01 btc realistically.
honestly at this point i predict btc to hit like 1 million, and then just disappear. like overnight. it will be the biggest collapse ever imagined. and we will have insane violent people roaming the streets whove lost everything. i really think this is going to happen
>Satoshi predictedSatoshi Nakamoto translates to central intelligence. Kektop
>>61031320>>61031314these scenarios are not mutually exclusive btw. it is so easy for them to just cut off retail
>>61031320no, it will get hardstuck at like 4 million and then become illegal for normal people to own.
>>61031328r u being superserious rn anon this is like numerology level /x/posting retardation
>>61031333same thing and same effect. distinction without a difference
asteroid mining is the quantum computer of gold
You can buy food with bitcorn, it is so useless.
>>61031280Gold is not scarce whatsoever. It's exponentially inflationary.
>>61030419Lmao you're brown
>>61030255>forever>what is the business cycle?
>>61031286I just don’t think what you’re saying matters. Tell me what’s here on earth that acts as a storage of value that isn’t found elsewhere in the solar system. I’ll wait.>>61031295Yeah, and that’s why they’ll mine asteroids. Bring down the cost.
>>61031704You realize like 15 percent of the world’s gold is used by Indian housewives as jewelry?So if you like gold, you’re the brown one, Dinesh.
>>61031280> right so gold is scarce, currently, literally, and unless we divert quintillions of wealth to lay infrastructure to go get an "unlimited source" that depends on trilliosn being spent just to get someDo you read the news at all? Going to space is becoming cheaper. Some of you *have* to be boomers, you genuinely believe that even though we’re currently landing on asteroids and taking samples, it’s somehow extremely difficult to just take a bigger chunk.
>>61030373Chainlink payment abstraction means you'll be able to pay using any token you want and your counterparty will get paid in whatever token they want.
>>61031229>We as a society have already landed on them and taken samplesimagine
>>61031017Glad someone else caught that.
>>61031268There is also more gold on earth. A higher price would make digging in harder to reach places profitable.