rax0m

Central bank digital currencies are at least a good on-ramp for nocoiners

It does become a problem if the company does buy-backs on the premise that they will get bailed out in the future should something unexpected occur. Too-big-to-fail companies can count on themselves getting bailed out which causes them to keep pumping their stock price without worries.

If you know you're a lotus eater and you're comfortable with it, that's when you can live life peacefully.

To keep searching for Ithaca is to put to much emphasis on your professional life. A great professional life is not a sufficient condition for a happy life, but an acceptable/ok professional life is a neccessary condition.

A result of the zombification of the japanese economy. The BOJ is buying stocks on all of these zombie companies to keep them alive and this is what you get.

Comparing Visa transactions to Bitcoin transactions is definitely comparing apples to oranges.

A Bitcoin transaction on the blockchain is layer 1. A visa transaction is layer 3 or 4?

Lightning network is layer 2 and you could have >700,000 transactions in a lightning channel before settling on chain, so there you go Bitcoin layer 2 is more energy efficient than the common financial system layer 4.