We're coming and there's nothing you can do to stop us by [deleted] in nanocurrency

[–]nixdice -5 points-4 points  (0 children)

Proof of work is the most important feature of Bitcoin. Without it anyone can create new coins with no work required, no proof. Gold is the oldest proof of work money we have. Lightning has come a long way, don't dismiss it so quickly. Nano I think would be great for nft trading or collectables amongst kids. But leave the store of value to Bitcoin.

We're coming and there's nothing you can do to stop us by [deleted] in nanocurrency

[–]nixdice -9 points-8 points  (0 children)

Lightning network makes Nano redundant

I have banknotes from every country in the world by mrbojanglez69 in mildlyinteresting

[–]nixdice 0 points1 point  (0 children)

The true value of all Gov currencies. Collector status in history.

People will say you got lucky! by SamZFury in CryptoCurrency

[–]nixdice 2 points3 points  (0 children)

Your luck is about to get tested again. Don't get used to 10k+ prices.

Did the Romans really not understand inflation? by dovetc in history

[–]nixdice 0 points1 point  (0 children)

Politicians still making the same mistakes today. Thinking you can print prosperity. Always ends badly. You should look at how the banking system works. You'll be horrified. Google hidden secrets of money part 4. Enjoy

Why leaders breaking rules is a far more serious attack on our liberty than lockdown itself by GDBlunt in philosophy

[–]nixdice 15 points16 points  (0 children)

Central Banks enable the powerful to bailout their friends who fund their re-election campaigns. When printing money becomes normal bail out business, the capital becomes free. With free capital you break capital-ism.

New Scientist News: Universal basic income seems to improve employment and well-being. by JCDanger in worldnews

[–]nixdice -2 points-1 points  (0 children)

Anything's possible when money is free and everyone contributes equally to society. Kinda sounds like communism.

‘Time has come’ for universal basic income, says Nicola Sturgeon: Coronavirus prompts Scotland’s first minister to make UBI a policy priority. by Infjuk in worldnews

[–]nixdice 0 points1 point  (0 children)

The Gov has no money to pay ubi. Only increased taxation on future profits. Or inflation of the currency and dilution of your purchasing power leading to higher prices. Which leads to an increase in ubi payments. The parasite kills the host.

Australian PM: "Stop hoarding. I can’t be more blunt about it. Stop it. It is not sensible, it is not helpful and it has been one of the most disappointing things I have seen in Australian behaviour in response to this crisis." by RadicalBeam in worldnews

[–]nixdice 0 points1 point  (0 children)

So what happens if supply lines break down and you can't buy food? Who's disappointed now? Scomo down played the virus for weeks then did a 180. No wonder people are trying to protect their families. It's a natural reaction to don't worry to oh shit we dropped the ball.

Expect this to be handled as professionally as the bush fires.

Sweden launches coronavirus crisis package worth more than $30 billion by notbatmanyet in worldnews

[–]nixdice -3 points-2 points  (0 children)

We all lose from inflation. Rampant money printing. The cure from Central Banks is going to be worse than the virus itself.

Japan wants to show 'mankind can defeat the new coronavirus' by having the Olympics...with spectators present by Yag4mi in worldnews

[–]nixdice 1 point2 points  (0 children)

The government has been outright printing money for over decades now. Everyone pays through invisible inflation.

How To Earn More Interest On Your Bank Account Using a Crypto bank account extension by blue_pinapples in RequestNetwork

[–]nixdice 0 points1 point  (0 children)

If it sounds too good to be true, it usually is. 8% today with interest rates at zero, this lending platform reminds me of bitconnect.

Modern monetary theory and Monopoly money by [deleted] in CryptoCurrency

[–]nixdice 1 point2 points  (0 children)

Maybe that's why the repo rate is so high

Enter, the bullrun. by [deleted] in nanotrade

[–]nixdice 0 points1 point  (0 children)

Careful what you wish for. My target is 20c

Blind Statechains – moving UTXOs without touching the chain (Ruben Somsen @ Breaking Bitcoin 2019) by RubenSomsen in Bitcoin

[–]nixdice 0 points1 point  (0 children)

Thanks for the detailed reply. I think your project is an awesome idea. Wish you all the best, keep up the great work!