{"type":"rich","version":"1.0","author_name":"Tom Harding [ARCHIVE] (npub1ms…pmwjy)","author_url":"https://nostr.ae/npub1msef5qkfwz4t7qacwxz775wgdtlytph78g2g2z903x90874u263sypmwjy","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-07-28\n📝 Original message:Jorge,\n\nWe obviously disagree fundamentally on the role of societal adoption, in \nthe system that Satoshi designed.\n\nAdoption is well ahead of Satoshi's schedule, and the measure of this is \nthe exchange rate.  It is at once an imperfect measure, and one of the \nmost perfect markets that has ever existed.\n\nAs long as hardware, electric power, and bandwidth are priced in fiat \ncurrency, the exchange rate is a critical variable to security, \ncapacity, and other metrics of network health.\n\nIt's not inconsistent that you consider the exchange rate irrelevant.  \nIn fact it explains why you believe that Satoshi's timetable for \ntransitioning to fee incentives can be summarily tossed aside and \nreplaced with something you think is better.\n\nHere's an English saying I just invented.  A bunch of geniuses can do a \nlot more damage than one fool."}
