/biz/ - Business & Finance

>>57323826
>Fees are entirely a product of demand.
Oh my retard, I had to cut out the part where I explained this, but I naively thought it was alright because the context would hint at it.
TOTAL FEES WOULD NEED TO GO UP TO MAINTAIN MINER SUBSIDY
The fact that you find this unlikely to happen just proves this. The natural fee market isn't enough to sustain Bitcoin's network security that is 98% being provided by the block reward.
>It is almost entirely used for its utility now, which is why its such a poor money.
Do you not read? I originally posted
>b-but use
>the original points were that it has a risk that the demand will fail, and that is 0% for silver.
Now that there is no 2k character count limit, I will also add that "usage premium" is simply incorporated into the price the same way it is done for Bitcoin.
>picrel
LMAO, now do Monero.
>>57324379
>Lightning isn't custodial
Someone didn't get the memo, 60%+ of ALL LN liquidity is in the hands of 5 entities. The major wallets are all custodial mobile apps, and almost nobody bothers to run a node for more than 1 year.
>CTV is a base layer opcode
And they might enable self-censoring transactions. No issue there.
>fedimints are federated custody
>federated
>custody
>these are non-custodial
>federated custody
You're more dense than fucking depleted uranium.
>way less users
Weird, someone isn't aware of their data.

But from the looks of it, even you know you got BTFO ITT, so you will crawl back to your Twitter circlejerk with the rest of your kind.

>>55764807
>>55764829
>>55780621
Surprisingly, the general kept itself alive. So welcome to the final edition. This week we read the last part of the book "What Has Government Done to Our Money" discussing an application of the theory laid out in the previous chapters.
The gold standard provided a golden age in the 19th century and one sound money permitted growth on an international scale. While various interventions occurred, the most disastrous event on monetary stability was WW1. It is not often taught in schools, but in order to wage "the Great War" governments abandoned their gold standards and inflated their money. Such that the US only entered at the end, its economy quickly recovered (after the forgotten recession of 1921). In contrast, European countries did not and the post-war period in Europe was that of economic chaos for a while.
From there the concrete economic policy and their failures are discussed. Essentially a series of worse and worse attempts to plan out the economies or to redeem status of countries. The most important thing of note is how exchange ratios, debt, and foreign aid/investment were (and are) used to create deficits which has decimated exports under a protectionist agenda. While the fears of a one world bank did not come true, the threat of CBDCs now looms above our head.

It has been a pleasure reading this book with you guys. Also congratulations, because you now have a better understanding of the economy than most people. So to answer the questions from the begging in the most concise way possible.
Money is a medium of exchange. It arises through a individuals choosing the best commodity available for their transactions. Governments undermine money by inflating its supply to finance their activities. Monero is money, possibly the best one yet. CEXs, CBDCs, and legally compliant development are the ways digital money is undermined.

So anon, what is your perspective on the book? You can comment even if you have not finished.

>>50514921
If you're buying Monero as an investment, sell immediately. This is a currency, not a ponzi to sell a bigger fool. USE Monero, as it is intended.
As for LINK, it's backed by the WEF, so for me it's a no-go. It's definitely considered an investment though, I just have my own principles.

>>50515004
That's the entire point, moron.

>>50272145
I accumulated them, from multiple sources, because of its simplicity & directness. Also posting them so that anons can enjoy & share them to redpill others.
One day I'll make a mega link with all of them together in one place, need to remove the metadata first.

>>49908812
When the debate is lost, slander becomes the tool of the loser. All I'm offering is the truth my friend. Don't say you weren't warned when the government knocks on your door for buying something with bitcoin that they don't like. That is, if it's not tainted in the first place.
I'm trying to set you free from financial surveillance, DO YOU UNDERSTAND?