Hal on Nostr: petermccormack host Jeff Booth and George Gammon debate the future on a bitcoin ...
petermccormack (npub14mc…frlx) host Jeff Booth (npub1s05…eyhe) and George Gammon debate the future on a bitcoin standard. Seemed like Jeff’s Time Machine was able to go a little further into the future compared to George’s.
Changing the money is a changing a linch pin variable, so being predictive is wildly difficult, but plenty to think about here.
They debated, but it’s easy to agree with both of them. I lean more toward George’s side, Jeff’s seems too idealistic and would take longer and thus be less probable. Essentially George has Bitcoin as a store of value and a medium of exchange, though not exclusive. Jeff has all that plus unit of account. It feels like a bitcoin unit of account is very far away, but store of value and medium of exchange are just out of reach today.
I tried watching the Republican debate tonight and turned it off. Unwatchable. These two are way more intelligent and professional than anything on the political debate stage.
Changing the money is a changing a linch pin variable, so being predictive is wildly difficult, but plenty to think about here.
They debated, but it’s easy to agree with both of them. I lean more toward George’s side, Jeff’s seems too idealistic and would take longer and thus be less probable. Essentially George has Bitcoin as a store of value and a medium of exchange, though not exclusive. Jeff has all that plus unit of account. It feels like a bitcoin unit of account is very far away, but store of value and medium of exchange are just out of reach today.
I tried watching the Republican debate tonight and turned it off. Unwatchable. These two are way more intelligent and professional than anything on the political debate stage.