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Joined 1 year ago
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Cake day: July 4th, 2023

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  • This seems like… a bad idea? If I understand you correctly, each region maintains disaster relief infrastructure & staff with help from the central/national government? If so, does that translate to richer regions being less affected by calamities (since they can pour more money into said infrastructure than the bare minimum)?

    In most countries (with such plans in place) the national government maintains all disaster relief management to assist local governments, right?

    Sorry I’ve asked a lot of questions, but I’m genuinely interested to know!


  • Hoback argues

    In any case, says Hoback, the identity of the real Satoshi is a matter of public interest. “This person is potentially on track to become the wealthiest on Earth,” says Hoback. “If countries are considering adopting this in their treasuries or making it legal tender, the idea that there’s potentially this anonymous figure out there who controls one-twentieth of the total supply of digital gold is pretty important.”

    Currently bitcoin or any block chain based currency is more of a grift than financial freedom. However countries like El Salvador have taken it up as official currency, so real lives can be affected by whoever holds that bitcoin stockpile.