Quote from: Who is John Galt? on September 07, 2023, 04:02:33 PM

Quote from: Cr4shOverride on September 07, 2023, 01:09:32 PM

bitcoin is not build to prohibit this. but to encourage. it may have build from mostly USD direction roots. but technically it is like the principle of a template.

I did not name USD instead of GBP just because it seemed to me it will be clearer. Similarly, you cannot send USD over the bitcoin blockchain without first finding the appropriate intermediaries. It's just that there will be more intermediaries for USD, so I chose to take as an example a popular currency, for which, however, there will be fewer intermediaries.

with a tap in to oldest satoshi nakamoto addresses you can build a direct link.

basically letting the coins sit furtheron on the wallet and streaming directly usd amounts through it.

an address shown 50 bitcoins on it. gives you hence 50 usd/per second streaming buffer.

enough to build a solid running earnings environment. cause they created the todays wealth anyways.

it is just a matter of fact what outside currency to link. if we declare only 1 per such an address. we get quite a lot of currencies directly streamed through,

imagine it like its own circle of addresses. every that has 50 on it. in sub builds the outside currency core.

could optimize existing tethers too

i would do it the following way:

the appropriate central bank for the appropriate currency. gets such an address as their streaming channel contracted.
on the other side you also have a responsible guy from this core forums side. that now through him it directs into the miner next. and he mines 50 satoshi per second with that build.

this ensures. central banker has no control over more than the channel entry
bitcoin core guy has no control over more than channel output
and miner guy has no control over more than making 50 sats from what comes from core guy.

system only works when both 3 are willing together. principle of a triangle basically.

and with just 50 sats inside it ensures things can be balanced best.
it stands for the creator anyways, and in his understanding a coin was originally a usd and not more.

for the new coming alivee coins for that system for the miner:

make it: 30000 USD per 10 minutes at a fixed thing from the central banks side and you are good to go.

you can do the same with gbp and eur and other currencies that resonate best.

no matter what currency. it becomes: 1 satoshi per currency unit.

the more you let it flow and work that way the more central banks will having no problems. cause the system works neutral. and this helps stabilizing economies as well into building more and more also this official world core.

you still need the central banks. cause they will be responsible that we still have border thinking towards even having an understanding that different countries and nations exist.

cause if you mix too much without a border building such things. the border will cease and you loose control too much and overview for specific local areas this wouldd give chaos where order is better to keep things running.

but bitcoin ensures best balance for all nations and countries as a more and more center core thing coming to life. no longer anyone can fuck with!

maybe this way we no longer need stable coins shown cause the central banks link the usd flow directly.
looks to me no more than a framework in building time anyways. that you will later remove when your house is finished.

contract coinbase into this as well. would make most sense.

basically this coinbase transaction always shows 30k sat per block being mined as a fixed thing.
no matter if those 30k are usd, eur, gbp, swiss franc or whatever currency out there strong enough to get his own 50 bitcoin address contracted.

you do not need more.