Cheating cat🐱

A very beautiful twilight photo with seagulls flying freely.

timid dog

cute cat.

Buy it as long as you like it.

drink a toast🍻

The resource cost of money can be avoided with full commitment and full trust in every member of the economy - big or small - The friction required to make money a necessity often makes credit unviable, and in environments where credit is feasible, money is often not a necessity

CEDIT. Friends can operate on trust, which is cheaper than money Monetary economists have made this point long before Satoshi Nakamoto: In a world of total commitment and mutual trust, agents do not need money, but rely entirely on credit

Regarding censored transactions, buyers and sellers are happy to make transactions, but third parties (politicians, banks, payment processors, law enforcement) stand in the way and prevent payments. This is progress made by #Bitcoin and other bearer assets like gold or cash

#Bitcoin allows people to transact peacefully without knowing the identity of each other's enemies. This is true, but also applies to all other money: we don't censor baristas for ideological justice until we order a morning cup of coffee.

#Bitcoin doesn't care about your opinions, including your assessment of potential trading partners. It works, whether operated by friend or foe. It's true, but so is all other money: With fiat currency, I can buy groceries from strangers and pagans

#Bitcoin must be the enemy or it will never be the friend Sounds good, feels good, mic style, but what does it mean for Bitcoin to be the enemy? Or have money? What is the nature of trustlessness and decentralization brought by Bitcoin?

Like all successful currencies, #Bitcoin is the currency of the enemy The monetary properties of #Bitcoin have been around for much longer than the protocol has helped fuel its rapid growth. Many famous #bitcoiners say #bitcoin is the enemy's money

Another monetary conundrum that #Bitcoin elegantly solves is "Anyone who buys used paper must also verify its authenticity, ignorance leads to the use of money and how money needs to be exchanged simultaneously with experts, experts, reputable middlemen. "

#Bitcoin bypasses the middleman, enabling the mistrust of bearer assets of a bygone era in the modern digital world. It is immediately verifiable, its inclusion in a previous (valid) block is easy to check. This is a very improved technique discovered by Kocherlakota in the 1990s

Do you find it difficult?

In addition to painting, the most important thing is to learn, modesty makes people progress, pride makes people fall behind.

Regarding this painting, I have drawn works for a long time to show you.