Correct. They won't stop until they cause chaos. In the Sovereign Individual, of which I have a summary here on StackerNews, the playbook is as follows:

• The economic consequence of this transition crisis will probably include a one-time spike in real interest rates. Debtors will be squeezed as long-term liabilities contracted under the old system are liquidated.
• Governments facing serious competition to their currency monopolies will probably seek to underprice the for-fee cybercurrencies by tightening credits and offering savers higher real yields on cash balances in national currencies.
• Higher real rates around the world will spur liquidation of high-cost, unproductive activities and temporarily reduce consumption.
• The deflationary environment may drag on for some time, with more adverse consequences in the high-cost industrial economies of North America and Western Europe than in the low-cost economies in Asia and Latin America.

I'm not able to adequately assess mining game-theory risks, but I think I'm pulling for this. Here's a few reasons why:

Privacy. Chain analytics will only get better, KYC laws will only get worse, governments will only get more authoritarian; privacy will only get more important. Liquid has confidential transactions, but it still displays the recieving and sending addresses, and are centralized institutions that can be pressured.

Miner revenue. This past bull market presents a more subtle path of NGU than we expected. When a different macro climate is occurring and we can't rely on NGU in the future to match the rate of the past, the fact that tx fees make up generally less than 5% of total miner revenue is an issue. I think drivechains is a superior option to Peter Todd's Tail Emission like Monero, or Jason P Lowery's use of taxpayer money to have the Pentagon defend the hashrate.

Ossification. Counterintuitive to bring ossification through a change, but since almost any change except a bug fix could be done on a sidechain, a decade from now, it could be seen as what brought ossification to the base chain.

Territory notifications are cool and probably underrated.

The next level would be to have the notifications sent with a summary to your nostr messages like chadbot on CASCDR.

There are many layers to this, but as I see it: The people who are the exact opposite of the toxic maxis, are the people with the voice in mainstream society and media. Therefore, they are the ones who have the most influence over the general opinion in society, and over the laws. Them getting orange-pilled is the best chance for hyperbitcoinization. If they instead fight bitcoin too much, making it illegal in most of the world, most people won't use it, and its value will fall drastically. It will of course still work, but maybe at 5% of current value, and no part can accept it legally, stifling adoption. Add to that the military power of this majority, that could threaten the other nations to quit bitcoining and to pass bans there too.

I believe we're in a hurry if we want the "bright orange future", and we don't only need to advocate bitcoin to everyone in general, but to the ones that the toxic maxis hate in particular. That is not done by harsh retorts, blocking and bragging that Bitcoin is invincible (while advocating staying humble). Sure the network is close to invincible, but the value and usefulness of it is definitely not.

We definitely want different communities to be able to use bitcoin and SN eventually. The only thing up for debate imo is how exactly to do it because maybe there’s something better than the sub model.

Lame video from a Keynsian economist. I'll debunk his 4 reasons he doesnt hold bitcoin.

Reason #1 You can't apply any model to measure bitcoin's intrinsic value.

"Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act." - Ludwig von Mises

Stop using the term "intrinsic value." All value is imputed from the subjective valuations of consumers on the market. The term "intrinsic value" can only serve to confuse every conversation about monetary theory.

What is the intrinsic value of an apple? To a starving man, he is willing to give his life savings for it.

Reason #2 - bitcoin is not a good substitute to replace USD. 

Moot point. It doesn't need to replace any fiat. As long as it is an available option that works in addition to fiat, a flavor of Gresham's law takes effect, and people will choose the currency to save, and which one to spend.

Reason #3 If bitcoin is a good store of value, it won't increase in price over time.

I have no idea what point he was trying to make here. He makes a comparison to gold, and how it hasnt grown by double-digits. Perhaps in comparison to fiat?

Reason #4 "There is a lot of dumb money in bitcoin"

Too many people are asking him to sponsor their company in his videos. There are too many noobs promoting bitcoin, so it makes him feel uncomfortable. No understanding of the fundamentals, and a reluctance to learn more himself because he thinks people are dumb. Does this seem reasonable?

I was going to keep Outer Space super private/mysterious and assume another nym but it’s really hard to do given (1) I work in a coworking space (2) I historically “work in public” online. I’d have to fake a drug addiction or something and pretend I just wasn’t getting anything done.

Anyway, Outer Space is where I’m going to attempt to build SN-like things into/on/for nostr. SN will remain and continue to be improved - ideally sharing as much code/improvements with Outer Space as possible. Outer Space is like an R&D project answering the question of whether the problems SN solves can be solved in a decentralized way (with nostr as ground zero).

Outer Space is just a landing page right now where you can reserve a NIP-05 and lightning address, but I wanted to kickstart it and have somewhere to host the progress.

AFAICT Roadmap

1. NIP-05
2. Non-custodial & hybrid custodial Lightning wallet/address/etc:
   a. Support fully non-custodial wallet connections
   b. Provide optional sat capped custodial wallet for offline receives and in app payment simplicity, i.e. a small custodial buffer with non-custodial (or other-custodian) overflow
3. Basic nostr client/relay
4. client/relay with value rank support

It’s been an open question whether I can build SN into nostr since its inception. I guess we’ll find out.

Bounties always get my attention. It seems like they should be a bigger part of SN. At the same time, I've never posted one myself. I'm trying to figure out why.

Zapping is mostly something I do after I read a post or comment. Bounties are kinda like pre-zapping (agreeing to zap before you read) but also not because you don't have to assign the bounty until you are satisfied it has been fulfilled.

I wonder if I haven't done any bounties because it feels more like paying while zapping feels more like tossing some money to a street musician. Paying doesn't feel as good. It's more serious. (I don't think there's anything wrong with paying for a thing, just examining why it feels different than zapping.)

I agree with @Undisciplined and @jasonb that it would be cool if you could find all open bounties in one place (and sort them by value or something). I often give a shot to bounties people post that are in my wheelhouse and I would probably do more of this if there was an easy way to check what bounties are open.

https://stacker.news/items/264917/