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Joined 1 year ago
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Cake day: August 6th, 2023

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  • While bitcoin allows us to control monetary policy the one chosen for BTC was a big mistake. The fixed supply benefits early adopters very strongly which just creates a new different financial elite and just doesn’t make sense when you consider future generations.

    I’ve switched entirely to being interested in Ergon which is a code fork of Bitcoin but with block reward proportional to difficulty which means coins are mined with a fixed electricity cost and so instead of pumping and crashing the price is pushed towards an equilibrium of the production cost.