Bridging web2 → web3 🌉
I make crypto simple for newcomers while keeping up to date with what’s happening on-chain. Start here if crypto feels overwhelming.
The most powerful financial weapon in history isn't Bitcoin. It's the US dollar.
But that's exactly why Bitcoin matters.
For most of modern history, money has had a control panel. It sits in central banks. It expands when they print. It tightens when they hike. And if needed, it can be frozen, sanctioned, or cut off entirely.
When the US weaponised the dollar - through sanctions, asset freezes, and financial exclusion - it sent an uncomfortable message to the world: money is neutral... Until it isn't.
At the same time, central banks expanded balance sheets at record pace. Trillions created out of thin air. Purchasing power quietly diluted. Savers effectively taxed through inflation while nobody called it a tax.
Then Bitcoin showed up to the party. Uninvited.
Fixed supply. Borderless. Permissionless. No central bank. No passport required. The first monetary network in history that can't be printed at whim, can't be easily seized, and doesn't care who you are or where you're from.
For people in inflation-heavy economies, that's protection. For nations outside the Western financial system, that's leverage. For everyone else, it's a hedge against the possibility that governments and central banks don't always have your interests in mind.
Whether you're already holding Bitcoin or 100% skeptical, one thing is hard to argue with:
Bitcoin isn't competing with gold. It's competing with the architecture of global money itself.
That's not a small idea.
Yeah really good points and you are not wrong. But when you take out retail and shift it to a future dominated by institutional level transactions, I see L2's competing with institutions to secure their transactions onchain and pay a premium. $50 to secure your transaction is nothing for a $10M transaction. That should raise the bar on minimum baseline rewards. At $50 per tx, the rewards per block amount to about $100K-125K. That seems like a reasonable reward to keep everything running purely on a fee basis. Obviously we'll have to see how things play out, but it doesn't seem like a doomsday scenario to me.
Cooling is a greater engineering problem in space.
I'm thinking something more akin to Bitcoin mining. Right now plenty of miners are throwing hash (compute power) into mining pools. This is how a decentralised model could work that would bypass the need for intensive centralised infrastructure. No heat issue, no NIMBY issues.
@omgsidewalks You should listen to the How I built this podcast and hear the stories of how some of these iconic companies began. There’s no world where hard work is not involved. Definitely luck and timing play critics roles but funding alone won’t get you there.
I don’t understand why anything has to be one way or the other. Depending on your goals and investment timelines you can have exposure to both. The S&P is up for the calendar YTD and crypto is down. Crypto is in its typical bear cycle and a lot of capital is rotating out for the AI trade and upcoming IPOs.
It would be similar to saying the same thing in the opposite direction last year when the same two digital assets put up 100% gains for the year, and will likely do next year. Investing based on ideology is really the only thing that should be avoided.
Because a year can make all the difference. Saylor was in the red last cycle too with plenty of people laughing at him - until he wasn’t. In a big way. These guys don’t think in months and years and are in it for the 5-10 year horizon at a minimum. Everything currently is short term noise with a lot of FUD, doom and laughing at people. Typical crypto winter stuff. Then vindication for all in the bull. Then the next bear that finds bottom at the previous cycle’s ATH.
It’s standard practice here in Australia. Yes the last month/4weeks is already pre paid. So depending on when you hand in notice it will be adjusted and rebated or recalculated. Then you typically roll that saving into the next place for the initial rent, but you still typically need to stump up enough for bond as getting your current bond back can be delayed sometimes.
@GaryRooksby@imaglowstick@ZacksJerryRig If we solve for fusion energy then energy won’t be an issue ever again. I agree the solar opportunity in space is a positive but the difficulty in doing anything up there seems like a mighty barrier to solving things more practically here on earth.
@DaniCHLZ It’s interesting to think about how institutions and TradFi view that and whether they consider that lack of central authority as a strength or a weakness.
@BellaBaddie__ Yes. I need a morning shower and will shower at night to wash off the day if I feel a little gross. But I can’t live without that morning shower! 😬
Here it’s called a bond and is equal to 1 month of rent. So when you rent a property you pay first month upfront plus the same again as bond. Last month you don’t pay and get back the bond if the property is at an acceptable standard upon departure. That’s where property managers play a good role as they protect both the tenant and landlord from any disputes as they judge what is acceptable wear and tear, what constitutes a reasonable deep clean, and have all the before and after photos.
@Scoober84@ZacksJerryRig Yeah it just seems like a really over complicated and costly solution that wouldn’t stack up both economically and in practice. Decentralisation seems like a simpler and better solution in every way.
It’s already being done in various degrees. There are a number of protocols that have launched which tackle bandwidth using every day spare bandwidth from household networks. Others which deal with data storage. Others trying to tackle inference. It’s more than possible. Decentralise the compute and you remove the heavy centralisation within data centres which cause the issues with overheating. Nvidia’s new model for distributed centres they are testing with households is also an interesting step.
The most powerful financial weapon in history isn't Bitcoin. It's the US dollar.
But that's exactly why Bitcoin matters.
For most of modern history, money has had a control panel. It sits in central banks. It expands when they print. It tightens when they hike. And if needed, it can be frozen, sanctioned, or cut off entirely.
When the US weaponised the dollar - through sanctions, asset freezes, and financial exclusion - it sent an uncomfortable message to the world: money is neutral... Until it isn't.
At the same time, central banks expanded balance sheets at record pace. Trillions created out of thin air. Purchasing power quietly diluted. Savers effectively taxed through inflation while nobody called it a tax.
Then Bitcoin showed up to the party. Uninvited.
Fixed supply. Borderless. Permissionless. No central bank. No passport required. The first monetary network in history that can't be printed at whim, can't be easily seized, and doesn't care who you are or where you're from.
For people in inflation-heavy economies, that's protection. For nations outside the Western financial system, that's leverage. For everyone else, it's a hedge against the possibility that governments and central banks don't always have your interests in mind.
Whether you're already holding Bitcoin or 100% skeptical, one thing is hard to argue with:
Bitcoin isn't competing with gold. It's competing with the architecture of global money itself.
That's not a small idea.