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24 Jun 2022
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25 Jun 2022
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@neilalexander:neilalexander.devneilalexander

Tom

[context; crypto-coins].
Fun fact, the greater-fool (or ponzi) concept is identical to all types of money. Even gold or the Dollar.
Owning them in and of themselves gives you nothing other than being able to sell it to someone else.

Where something becomes money is due to some properties it should have (and people actually deciding to use it as money).
From then on its just network effect.

majestrate

the usd is a debt ponzi which is a source of much chuckling when dealing with anticoin and nocoin people

... to be continued here please

22:01:49
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26 Jun 2022
@majestrate:matrix.orgmajestrateyup17:11:32
@majestrate:matrix.orgmajestrate
In reply to @neilalexander:neilalexander.dev

Tom

[context; crypto-coins].
Fun fact, the greater-fool (or ponzi) concept is identical to all types of money. Even gold or the Dollar.
Owning them in and of themselves gives you nothing other than being able to sell it to someone else.

Where something becomes money is due to some properties it should have (and people actually deciding to use it as money).
From then on its just network effect.

majestrate

the usd is a debt ponzi which is a source of much chuckling when dealing with anticoin and nocoin people

... to be continued here please

thnx
17:11:36
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27 Jun 2022
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28 Jun 2022
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29 Jun 2022
@evanito:matrix.orgEvanitoBeen experimenting with getting ygg to use a LoRa link, finally got one half of a "working" prototype. 🎉 Will update in a day or two when I get the other half07:02:05
@evanito:matrix.orgEvanitoBest case LoRa is getting 18 kbps so will probably be a pipe dream but a fun one to mess with 🙂07:03:30
@evanito:matrix.orgEvanito * Best case LoRa is getting 18 kbps so will probably be a pipe dream but hopefully a fun one at least 🙂07:03:45

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