Comments by "sdrc92126" (@sdrc92126) on "We’re Getting Poorer: The System is Held up by Welfare Warns Top Economist" video.

  1. 2.5B oz gold above ground = 0.3125oz/person 53.15B oz silver ag = 6.64oz/person US 8.8tons gold ~= 24.2g/person, 0.85oz
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  2. Hashed linked list
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  3. BTC is backed by demonstrable scarcity and ownership, like gold. Gold has very little real world value, but you can prove there are only 20 million and no one is cheating, like gold.
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  4. per aspera ad astara
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  5. Fiat means so be it. The value of fiat can be arbitrarily, within reason, to anything you want. BTC is constrained to supply and demand. You cannot arbitrarily set 1btc to the price of a cup of coffee.
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  6. It means that you have to pay taxes. Taxes are the only way to repay debt..
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  7. Nope. There is a fixed amount. It is rare an cannot be arbitrarily increased,
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