Proposition : The only thing that matters for Bitcoin to succeed is its ability to be a good store of value. Let me say it again. Bitcoin might be completely crap on the transactional side, you might have to wait 3 days for each transaction to confirm and pay 10$ : if it is a great store of value, it will succeed nevertheless, it’s market cap will become huge and we will all be rich. 5) Bitcoin makes a large impact AND that’s just how certain USG Departments want it. Bitcoin is, more or less, anonymous… but NOT by anywhere near as anonymous as cash. As pointed out here, referencing Moldbug’s monetary restandardization post, transactions, while psuedonymous, are fully public and traceable. I've seen account1234 on the bitcoin forums. I've seen Mencius Moldbug post about it on his blog. I think that most of us in-the-know types... If bitcoin is digital cash and ethereum is digital law, Urbit is digital land. The highly ambitious cloud computing project imagines nothing less than a rewiring of the internet, allowing users, not corporations, to own their online identities and data. While most blockchain projects rely on Amazon Web Services and other behemoths for essential infrastructure, “Unprocessed transactions are broadcast across the Bitcoin network. A miner collects together a block of transactions and the hash of the last known block. They add an arbitrary “nonce” value, then calculate the hash of the resulting block. If that hash satisfies the current difficulty criterion, they have mined a block! This successful block is then broadcast to the network, who can ...
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This video critiques the mainstream media (journalism/tv networks/Hollywood), the final branch of Mencius Moldbug's conception of the Cathedral. Topics covered: liberal media bias, the ... Sorry for the long wait but it's finally here. The beginning of my new series where I try to unpack what an actual reactionary Praxis would look like. Texts for further reading: - Mencius Moldbug ... "I have always said the first Whig was the Devil." —Samuel Johnson “Evolution: Prometheus, nowadays, would be an elected member of the opposition party.” —Ci... ️ Donations: https://entropystream.live/channel/keithwoods ️ Continuum: https://gumroad.com/l/continuum ️ Follow me on Telegram: https://t.me/keith_woods ... An Exclusive Talk With Curtis Yarvin AKA Mencius Moldbug (Februrary, 2020) - TekWars Podcast Snippet - Duration: 39:52. TekWars 2.0 15,820 views