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Libra won't even launch, and if it does it'll be as a second iteration of venmo with more surveillance.
If nothing else, Libra strengthens Bitcoin's narrative as being an *actually* immutable, censorship-resistant money.
You're getting so close! Money is a non productive asset, and currency competition is zero sum, meaning people just want to HODL the best money and forget about the rest of the crap. The best money is the one with no inflation and can be used permissionlessly internationally. BTC
Hey there frea....
.@random_walker's piece on Bitcoin mining (in)stability is interesting but IMHO its conclusions are flawed for several reasons:
1/ unrealistic assumption about block size & consequently the states of the mempool
2/ unrealistic assumption about human behavior (static vs. adaptive)https://twitter.com/TaylorPearsonMe/status/1088211499116576768 …
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