The Bitcoin Forum

Moon

Not really sure if this is the right section.

The "Last donation received" always shows 0 on the bitcoin cash faucet page. :?

When a donation is sent to the QR code it would be cool to see a notification saying donation received or thank you or some confirmation (not sure if it's possible with a ...

Moon

Hi Jaltoorey/pokertravis,

Let us continue our discussion here.

Moon

However, big-blockers also have the biggest hill to climb, because they must convince Core to bend to their mandate (and then convince the network to adopt such a proposal).

The network is ready to adopt such a proposal, the only people holding everything back are the developers of Core. This ...

Moon

Hey JalToorey, I was reading up on Gresham's law, "both forms required to be accepted at equal value under legal tender law" according to wikipedia. Bitcoin and fiat do not have to be accepted at equal value. I would say Thier's law applies to bitcoin/fiat which I have been arguing will happen since ...

Moon

Yes governments have the option to print good or bad money, and historically they have chose (and sold us the idea of) bad money. But nash says if you introduction an international medium for exchange between all the currencies then this will change the nature of the game.
How do you not see this ...

Moon

I am disappointed my response did not go through so I have to retype..

This is wrong. You are being religious not scientific. Governments can choose to make good money or bad money. Traditionally, as selfish actors, they have made bad money for the people, which is good for them.

Technically ...

Moon

And the other aspect, I cut out to make a simple point. You keep trying to say crypto's are more Ideal than fiat.

Yes I say that because I was under the (false?) assumption that your claim was that fiat will always exist.

Firstly if you believe governments are evil then you are very religious ...

Moon

I must pull only one aspect of your sentiments out. I need a razor so we can simplify.

My friend, you follow and agree with the Nashian reasoning up until a point...then at this point you ask, but what will happen when there is no bad money.

Is this a problem you feel we need to solve?

That ...

Moon

You want to ask me about a world in which there is no bad money? Who would are dream of a such a world?

Yes, in a way. Bitcoin is currently the best 'good money.' I dream of such a world. :)

Fiat will evolve until it gets better and better, and there is a ceiling in regard to "good-ness" and ...

Moon

Yes the person that wrote that is ignoring reality, which is that there is global economy already in place. Bitcoin has macro-economic implications, meaning it will alter our current system, not replace or destroy it like the doomsdayer thinks. The key here they miss is that governments can make ...

Moon

Although the meme quote images are very relevant, I've not included them in the quotes below for readability. I've combined my replies from your two posts.

I'm not sure what you're trying to get at by quoting this one? If another crypto is better money then people will move to that one, away ...

Moon

When say "better" by having lower confirmation time and lower cost (obv to transact) these definitions of "better" or "good" are fine in theory (even if they are not the same as my definitions), HOWEVER, it does NOT stand to reason that making something easier to TRANSACT is better for HOARDING ...

Moon

I'd like to preface this by saying I'm an econ noob aside from econ 101 and papers I read online.

I sympathize with your inbox, and don't doubt the enthusiasm or hysteria of each “side” especially in volatile times etc.

My fear is that Bitcoin's current limited transactional capacity will allow ...

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Bitcoin.com faucet donation issue/suggestion

Invite to pokertravis to discuss the economics of bitcoin

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