@d3h3d_ @a_vaunt @SuiNetwork @ikadotxyz @WalrusProtocol Of course not, but it does need the state transition in those n markets where the product is advertised.

@d3h3d_ @a_vaunt @SuiNetwork @ikadotxyz @WalrusProtocol Because maybe you want to advertise the same product in 5 different markets (shops), just like it happens today.

We love this important debate you both @d3h3d_ @a_vaunt are having here. Important for the real adoption of these technologies. As of today, it seems like only two networks are truly on the path to onboarding real world use cases, starting from their data model and scaling all the way up the stack. Specifically, the use case @HardMoneyProjec focuses on is self-sovereign money. Money, to actually be self-sovereign as Satoshi envisioned, depends on real on-chain commerce secured on a distributed network. That brings us to this example question to show why scalability for complex transactions (swaps) actually matters, a lot! for the real world adoption of the future. If Web3 is about returning ownership of asset logic (rights) to users through tokens' state secured on distributed networks, ask yourself: how many swaps per second would be needed if we combined EVERY ONLINE SHOPPING CART on today’s web? (Probably the biggest use case of the internet right now). Imagine, not even counting financial markets... Because every time you buy something in a shopping cart, you’re securing a swap: the transfer of money ownership on the buyer's side for assets ownership of all kinds from the seller on the other. That could be 2, 5, 10, or +50 assets swapped in a single bundle, atomic transaction. So, what kind of swaps per second numbers could we be talking about here? Do you have estimates?

If you don’t believe the absolute control part, just check whether it’s actually the plan, straight from the mouth of Agustín Carstens, General Manager of the BIS (the entity whose mission is to "act as a bank for central banks").

Totally agree! We don’t know exactly how much Satoshi knew about economics, but everything written on the subject is sound and, as you well pointed out, rooted in first principles. After all, history has never seen a commodity as base money with absolute scarcity. One that, as Satoshi described, functions like a base metal or a "basic P2P currency" on which to build self-organizing communities experimenting with new economic paradigms. There are definitely things that align with economic theory, like Satoshi’s writings on what’s needed to sustain over time and stabilize currency value and prices, including the fact that he explicitly mentioned, twice, that he tried to program it but couldn’t make it work just with software. I highly recommend this project and readings, Saifedean. Sure you’re going to enjoy it.

RT @jackmallers: We are witnessing the unwind of the WW2 economic order. What's happening now is much bigger than tariffs. For nearly 80 y…

RT @TFTC21: RFK Jr: “The offramp from the money printing machine is #Bitcoin. Transactional freedom is as important as freedom of speech, a…

When Satoshi Nakamoto and @elonmusk align on important first principles. 🎯 Remember what Satoshi said: "I don't know a way for software to know the real world value of things. If there was some clever way...to actively manage the money supply to peg it to something, the rules could have been programmed for that."

If you’ve ever wondered whether one currency to rule them all is better or worse than having different currency areas (one vs multiple currencies), this content is for you! 🤯Spoiler: Important answers on the topic were left originally by Satoshi Nakamoto 👇

Exactly! If you re-read what you just said of the whitepaper in the context of all Satoshi's messages, not in isolation, it’ll make even more sense and help you better understand what’s being discussed here of what bitcoin is. You can dive deeper into all of Satoshi's monetary arguments here:

Let's talk #currency! 🪙📜 What better way to kick off a series on what currency is and the dynamics it needs for economic stability than by picturing its #value in a very visual way? A solid framework will set the stage for understanding a great deal about currencies. Check 👇

#Bitcoin is the neutral #base #money the world has been longing for, for ages. 🌟

If you’re curious about the reasons behind all these points, you might find this content made for you interesting! And maybe you’ll want to dive into past content and subscribe for much more stuff coming your way!