31 posts in

bitcoin

Bitcoiners fight against fiat is irrelevant!…

Bitcoiners fight against fiat is irrelevant! Does anyone keeps fiat ? #askNostr I guess poor convert it into consumables as soon as they receive the cheque.. and rich do the same to hoard assets .. The real purpose of #bitcoin is to allow poor access to most hardened asset ..without barriers of…

Why would I buy food with…

Why would I buy food with #bitcoin when I know it is going to grow exponentially in value ? #askNostr Wouldn't I use dollars to buy food ? Cuz I know for sure currency is designed to lose value .. 2 percent inflation is a mandate though actual inflation is anywhere

There is ton of code that…

There is ton of code that needs to be written to get #bitcoin to a stable value against a basket of goods .. as a layer 2, 3 , 4 and beyond .. Isn't #Ledger only a foundational concept ...for peer to peer cash system ..if that is what #bitcoin is

If you think of #Google #Amazon…

If you think of #Google #Amazon and #Microsoft as the internet real estate development companies : #AWS #GCP #Azure .. Then what is the valuation method of this estate ? #askNostr No prize for guessing #bitcoin :-) Because Bitcoin standardises the cost of compute dynamically changing on ten minutes basis ... The txn fees that…

Dispensing with all the analyst speak…

Dispensing with all the analyst speak ... What is the simple net net of #Trump #Bassent strategy .. #askNostr Tip : If stocks are volatile, then only Bonds ( read Treasuries) are a safe heaven ... If #Mag8 ( eigthth being #bitcoin) are stable , then treasuries are as dud as #gold .. actually worse because #gold is…

Most #AI startups are getting around…

Most #AI startups are getting around 3 millions in seed round .. for ten percent stake ! Which makes their valuation at around 30 million ..give or take ! Assuming a 30 years career of software dev , it is around 10 percent of their work life - 3 years . And if the startup runs…

#Bitcoin is first significant network of…

#Bitcoin is first significant network of computers that don't have anything in cloud .. in a way it is anti-cloud ! The cost of such sovereignty, however, is ..that every single node must have entire information .. Isn't it gross wastage of resources ? #askNostr…
infrequently asked questions !
Click menu for bitcoin, nostr , gold and AI specific questions. Curated by npub.pro ... with the help of my #nostr friends who so eagerly answer any question you throw on them - thank you nostriches !