TargetInflation on Nostr: Perhaps #satoshinakamoto chose #halloween to release the #Bitcoin #Whitepaper because ...
Perhaps #satoshinakamoto chose #halloween to release the #Bitcoin #Whitepaper because of the #terrifying nature of reckless government spending and central bank monetary debasement.
In describing the Calculations in Section 11, did #Satoshi also use this as an analogy to articulate the behavior a typical government with an unlimited amount of credit to gamble with using probability theory?
The Binomial Random Walk describes federal deficits. The Gamblers' Ruin Problem describes their codependent relationship with central banks.
They have been gambling with YOUR money since 1913.
Most people are just whistling past the graveyard, blotting out the consciousness of their monetary disposition as best they can. Others are oblivious to this fate.
A chosen few shall escape the horrifying #FourHorsemen of the Economic Apocalypse: terror, bewilderment, frustration and despair.
#HappyHalloween Happy 15th Birthday #Bitcoin
https://bitcoin.org/bitcoin.pdf
In describing the Calculations in Section 11, did #Satoshi also use this as an analogy to articulate the behavior a typical government with an unlimited amount of credit to gamble with using probability theory?
The Binomial Random Walk describes federal deficits. The Gamblers' Ruin Problem describes their codependent relationship with central banks.
They have been gambling with YOUR money since 1913.
Most people are just whistling past the graveyard, blotting out the consciousness of their monetary disposition as best they can. Others are oblivious to this fate.
A chosen few shall escape the horrifying #FourHorsemen of the Economic Apocalypse: terror, bewilderment, frustration and despair.
#HappyHalloween Happy 15th Birthday #Bitcoin
https://bitcoin.org/bitcoin.pdf