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/biz/ - Business & Finance

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18433406 No.18433406 [Reply] [Original]

At 1:01 in the episode
https://www.youtube.com/watch?v=-RZgq0mtD18

compares ethereum to bankers with an agenda

>> No.18433422

we seen it centralized
we seen the attitudes of the leadership change

>> No.18433459

>>18433422
He's not wrong. Bit all investors care about is it's value. Do the Purests have any power??

>> No.18433473

>>18433406

People running nodes have to agree on the interest rate. What should that be?

Central banking on the blockchain.

>> No.18433476

>>18433406
The timestamp is 1:01:00 anon..

>> No.18433478
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18433478

>>18433459
>Do the Purests have any power??
Yeah we run nodes dummy
Our sovereignty creates a free market which attracts the most efficient producers.

>> No.18433515

>>18433406
Satoshi doing based things over the pedophile vitalik what else is new

>> No.18433529
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18433529

>>18433473
0% on actual money supply

The interest rates on money are going to be lower and based on the velocity of bitcoin in LN channels
This creates something called the LNRR
https://medium.com/@timevalueofbtc/the-time-value-of-bitcoin-3807b91f02d2

Another way to earn interest is to lend to margin traders but this sacrifices some custodial risk to exchanges

having interest on money and a central authority dish it out is only creating a top down level of control on the economy
nodes distributed globally is a much better system of keeping the network honest.

>> No.18433540

>>18433515
His dad did fight the communists in the Hungarian revolution.
His genetics are based.