Capira

snapdrop.me is the relaunch

> "amid newer options that outperform them on every tech-related metric"

What outperforms Bitcoin in terms of decentralization, scalability, and resilience?

Well, "crypto" is just Ponzi scams. The more interesting question is why is HN so anti-bitcoin? Looks like they don't get how harmful fiat money is to society and the environment.

One reason might be that HN is just too woke. Probably you even get censored here for saying that men are not women.

Bitcoin disrupts fiat money. Having a hard money aligns the incentives for a lower time preference and thus more healthy and sustainable societies.

Bitcoin is a groundbreaking invention. All the "cryptos" and NFTs are just scams.

> everything is more scarce tomorrow than today No, in terms of Bitcoin everything is cheaper tomorrow than today. That's the opposite of more scarce.

Bitcoin mining accelerates the transition to renewables. https://www.whatbitcoindid.com/podcast/can-bitcoin-mining-sa...

The Lightning Network is decentralised because it is trustless and permissionless. Anyone can send Bitcoins instantly and almost for free. Check out the code to convince yourself.

https://github.com/ElementsProject/lightning

You can use the Lightning Network to send Bitcoins instantly and almost for free.

Bitcoin being deflationary helps us move away from the mentality of a throw-away society.

You can use the Lightning Network to use Bitcoin as a currency. It's almost instant and free.

You can use the Lightning Network to send Bitcoins instantly.

Bitcoin is very effective environmental activism. It makes renewables more profitable because it offers a base price for excess energy. Any place, 24/7.

https://www.coindesk.com/business/2020/05/19/the-last-word-o...

Furthermore, it can reduce the hidden costs of the petrodollar. https://bitcoinmagazine.com/culture/the-hidden-costs-of-the-...

...which is good because it helps us move away from the throw-away society mentality. Bitcoin is very effective environmental activism.

Buy Bitcoin. Everything else is a scam. And if you want to launder money use Dollars just like everyone else.

Bitcoin is very effective environmental activism. It accelerates our transition to renewable energies. Bitcoin makes renewable energy sources more profitable because it offers a base price for excess electricity. Any time, any place.

Furthermore, Bitcoin can lower the hidden costs of the petrodollar. https://bitcoinmagazine.com/culture/the-hidden-costs-of-the-...

And Bitcoin incentivises having a low time preference. This leads to a much more sustainable consumer behaviour. Bitcoin helps us move away from the mentality of a throw-away society.

It took me quite a while to understand what Bitcoin is about. Of course, decentralised systems are exciting tech, but what's really interesting is that Bitcoin focuses attention onto fundamental questions of society:

- How can we transport value through space at the speed of light?

- How can we transport value through time?

- How can we protect our life savings from inflation?

- How can we develop a free market of currencies which solves the issues of centrally controlled currencies?

- How can we align incentives such that we stop consuming low quality products that produce lots of waste and start valuing high quality products that last for decades?

- In general: How can we, as a society, enjoy the benefits of a low time preference?

Such questions are the reason why I believe Bitcoin is one of the most disruptive technologies of our century.

bitcoin fixes this

A lot of renewable energy is wasted because it is produced at the wrong time or/and at the wrong place. Bitcoin pays a base price for such excess energy. Anywhere. Anytime.

Bitcoin makes renewable energy sources more profitable [1], and it targets the hidden cost of the petrodollar [2].

[1] https://www.coindesk.com/policy/2021/10/11/bitcoin-mining-is... [2] https://bitcoinmagazine.com/culture/the-hidden-costs-of-the-...

Bitcoin is crucial to build more sustainable societies.

maybe fix dns?

this is why I love hackernews

In absolute terms the number of good people working on bitcoin went up since 2012. Doesn't matter too much that there are so much more jerk investors now.

Why do you think deflation is bad? Wouldn't it be great if things got cheaper over time such that you would buy fewer products with better quality?

> things are as good as they’ve even been on the monetary front.

European central bank just announced they miscalculated how bad the inflation really is currently and that they expect it to get worse. The FED is pretty much in the same situation, no?

The value of US Dollars deceases exponentially in comparison to any finite good, no?

Furthermore, most people's salaries don't increase as fast as the value of dollars deceases. That means for the average person it's likely that you are paid less every year.

But discussing bitcoin is a straw man here. Hard money is the interesting idea.

Gold has a few fundamental disadvantages:

- Hard to transport (also not digital)

- Hard to verify authenticity

- Hard to split up

The value of the US Dollar deceases exponentially in comparison to gold.

The US Dollar gets debased significantly. Its value deceases exponentially in comparison to gold (for example).

The core idea that I wanted to discuss is: If money is easy to debase then it will get debased a lot in the long term. That leads to inefficiencies in the market, and in particular to less sustainable behaviour of people and less sustainable societies.

Bitcoin is just an example for an attempt to create hard money.