Cheating cat🐱

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Cheating cat🐱

Cheating cat🐱

@cheatingcat_6

NFTS/ETH lovers. plant. investor.artist. Innovate. Blockchain Liquidity Mining。Hold #BTC #ETH #XRP #BNB #SHIB #DOGE #SOL #AVAX

Orlando, Florida Katılım Ağustos 2010
251 Takip Edilen662 Takipçiler
Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
A very beautiful twilight photo with seagulls flying freely.
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
Buy it as long as you like it.
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
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
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
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
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
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
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
#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.
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
#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
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
#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?
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
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
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
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. "
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
#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
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
In addition to painting, the most important thing is to learn, modesty makes people progress, pride makes people fall behind.
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Cheating cat🐱
Cheating cat🐱@cheatingcat_6·
Regarding this painting, I have drawn works for a long time to show you.
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