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# 🗣│general
  • t

    tyja9

    05/21/2023, 9:07 PM
    we need something to bridge the real world with the crypto
  • t

    tyja9

    05/21/2023, 9:07 PM
    I would love an authentication app that requires you to somehow interact in the real world for the smart contract to execute, or something like that
  • t

    thecolj

    05/21/2023, 9:08 PM
    For me it's the best blockchain because its the only one that guarantees that the circulating supply will always be fixed. Can't get more Austrian than that.
  • a

    anon1111

    05/21/2023, 9:09 PM
    You know thats not true right?
  • t

    thecolj

    05/21/2023, 9:10 PM
    Show me the code where i'm wrong.
  • t

    tyja9

    05/21/2023, 9:10 PM
    ergo has 97 milly
  • t

    tyja9

    05/21/2023, 9:10 PM
    good amount
  • d

    dragonborn

    05/21/2023, 9:11 PM
    Guys do you know if we can use any other hardware wallet to generate a seed and use that one?
  • t

    tyja9

    05/21/2023, 9:12 PM
    just use a paper wallet
  • a

    anon1111

    05/21/2023, 9:12 PM
    Theres plenty of blockchains that make that "guarantee", like bitcoib
  • t

    tyja9

    05/21/2023, 9:12 PM
    and airgap or something like that
  • d

    dragonborn

    05/21/2023, 9:12 PM
    I want 24 words and passphase for security
  • t

    tyja9

    05/21/2023, 9:12 PM
    who cares anymore if they want your crypto they will take it
  • d

    dragonborn

    05/21/2023, 9:12 PM
    I don't want a company to be able to do it
  • t

    thecolj

    05/21/2023, 9:13 PM
    (re : Theres plenty of blockchains that m...) Bitcoin doesn't guarantee that the circulating supply is fixed
  • t

    thecolj

    05/21/2023, 9:13 PM
    It only guarantees that the emission is fixed.
  • t

    tyja9

    05/21/2023, 9:13 PM
    bitcoin supply is fixed
  • t

    thecolj

    05/21/2023, 9:13 PM
    Everybody knows the circulating supply is trending towards zero
  • t

    thecolj

    05/21/2023, 9:13 PM
    Did I say supply or circulating supply?
  • t

    tyja9

    05/21/2023, 9:13 PM
    no need to debate things like this here, we could do a #conspiracybtc channel tho
  • t

    thecolj

    05/21/2023, 9:14 PM
    (re @louissignet : Everybody knows the circulating supply is tren...) And not just bitcoin, all the coins with "fixed" supplys that don't implement Demurrage have this problem.
  • t

    tyja9

    05/21/2023, 9:14 PM
    I don't want to attract the wrong kind of anarchists tho
  • t

    thecolj

    05/21/2023, 9:14 PM
    Haha it's not a conspiracy theory and its not about bitcoin specifically. It's just math
  • t

    tyja9

    05/21/2023, 9:15 PM
    can someone help me to determine the answer
  • t

    thecolj

    05/21/2023, 9:15 PM
    If the rate of dead/burned/lost utxos is never zero, the circulating supply always trends toward zero. Easy as
  • t

    tyja9

    05/21/2023, 9:15 PM
    Is bitcoin fixed at 21 mil or not?
  • t

    thecolj

    05/21/2023, 9:15 PM
    You can either fix it via inflation, tail emission or demurrage.
  • t

    thecolj

    05/21/2023, 9:15 PM
    Demurrage is the most elegant austrian solution to this problem
  • t

    tyja9

    05/21/2023, 9:16 PM
    are you making the argument for storage rent?
  • t

    thecolj

    05/21/2023, 9:16 PM
    yes storage rent is the name they chose for demurrage here
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