microseed.io
I have also decided to do the guys here a solid by buying bitcoin, as it will most certainly go up the next day when I do. As long as I buy it, it will keep going up. I'll make sure to post my unlimited gains for the people here in hopes they too will buy bitcoin before the next big bull run. I wouldn't want anyone here to miss out on a free, unlimited supply of easy money.
Bitcoin is a tool. Yes, you can use a tool with no training but it will be less effective and possibly dangerous.
With great power comes great responsibility. Owning bitcoin is an enormous responsibility - many people are afraid of that level of responsibility, and would rather an ETF or an exchange own it for them.
I've long since given up trying to Orange Pill my friends and family, but I remember explaining the self-sovereignty benefits of Bitcoin, and being surprised that this was perceived not as a benefit (as I viewed it), but as a drawback. It really confused me.
We've all grown up in the fiat matrix of the nanny state. Most people don't realize they are plugged in. Would hate it if you unplugged them, wouldn't understand whats happening - they have to find the exit themselves or not at all.
Yes. Especially if you use it as an investment. The best use case is savings.
I disagree. It is 99.9999% uptime since 2009. It is the most reliable currency, digital or not. It can be used anywhere, in any sanctioned country, across any border. That is impossible with literally anything else.
It is in the process of replacing fiat. It will first take the monetary premium from depreciating but overvalued assets, either by supporting them or replacing them. MSTR is draining liquidity from the bond market, selling their own, positive real yield bonds, using bitcoin (the bitcoin is not directly backing the bonds, it’s just supporting the corporate balance sheet that supports the bonds). It’s a trickle now, but will be a flood eventually. Direct Bitcoin backed bonds could be a future infiltration into the fiat system, possibly issued by sovereign nations.
For the middle class and lower, you are correct. If living paycheck to paycheck, unable to save anything, bitcoin doesn’t help much for the average person in a first world economy with decent fiat currency available. For people who are able to save though, the volatility is what makes it life changing, not just in wealth, but in freedom.
I've made countless arguments with supports of my conclusions, ranging from the definition of money, the assessment of investments, the utility of the instrument, and the network and security aspects of the protocol. This kind of response, without context, is typical of your posts. These statements came after you said meaningless things like "anyone can say anything" (which I made fun of, since it should be made fun of, as it is the Big Lebowski, "Well that's just your opinion man) meaning it doesn't actually help anyone or explain anything = retarded statement. The reason why it is retarded is because it shows that you in fact aren't interested in addressing anything that is stated, so you appeal to something that has nothing to do with anything. Yes, anyone can say anything but we have supported all of our positions with facts, theories, real world data, history (what is money?) which means we aren't just saying anything.
All of these things can be true (and they currently are) and Bitcoin can still suffer a catastrophic collapse in the future. When you have an asset built on increasingly outdated software whose value is completely dependent on hype and popularity, and which has no relation to the real-world economy, its price has no floor. You are essentially making the argument that, "What is will always be!" and "Past performance is indicative of future results." History is littered with examples of fads like Bitcoin that have come and gone. "But this time is different!" you say. Yeah, maybe. But I doubt it.
Yes, and they're all bullshit. Nobody gives a fuck Blade. 8 billion people don't want any of your cultist shitcoins, much less are they interested in your "conclusions."
Fixed it for you. This is literally the worst sales pitch in human history... "The most corrupt (((people))) on planet earth who run the world's governments and banks and want to eliminate white Christian men via a cashless society surveillance state are now adopting, buying, and using bitcoin because it is cashless and has a traceable, public ledger."
Yes it is. This is known and proven. It's also obvious. The fastest horse tends to keep winning. Ever hear of the Lindy Effect? There are countless tropes that you throw out that you haven't thought much about. Again, be precise with your language, not lazy, and you won't fall into bad thinking.
Really. Last I checked people want the best performing asset. Not someone's opinions on the internet that are wrong, over and over again, while the best asset keeps going up.
I have a long posting history here, which most know already proves this false. You can even check Mr. Magoo's running my posts/contributions through a language model to see what it says about me. It's curious because it's quite flattering.
Another thing I was right about. Since we have the monetary protocol and technology goes in layers, it was always most likely that all the other projects would be built on BTC as the base layer. And that's what we are seeing. That also portends for a future where because of this recognition, and because of the network expansion and overall acceptance, the volatility will decrease over time. Yet another thing chance and I have predicted, that is coming true. There is a mathematic basis for this, which is why it's so weird for the naysaying posters, who have been wrong for I don't know, YEARS at this point, to keep arguing against this asset.
I kind of despise people who tout the percentage return of bitcoin all the way from 2009. Dividing by (near) zero is always going to net you a monstrous looking return.
I'm already a "sovereign individual." Furthermore, I already have a bucket reading list of great books and I'm not adding an off-topic hypothesis about how to survive something that isn't going to happen (in my lifetime). I've already resolved my financial dilemma in large part by creating a life that requires very little money to survive, thrive, and grow. And so I don't need anymore money from a new source that eats at my time and takes up RAM on the hard drive that is my brain. I actually have hobbies to pursue that are "free," their only requirement is time and me being physically healthy enough to pursue them. For the most part, money is not of much help in these departments, it is time that is most valuable.
It's what you want and what you think you have. Only time will tell. Most people just want a little bit of cash in their pocket, a job that is semi-enjoyable and doesn't kill them or make them sick, health insurance, a car, and a house. Maybe add in a spouse and some kids. But mostly they want time to spend enjoying their house, car, hobbies, family, and friends. Most people are simple and they have simple dreams. For better or for worse, bitcoin and "investing" are not part of these dreams and plans. Personally, I don't really even think in terms of money all that much, I think in terms of time, skill, and achievement. What is it that I want to achieve/build and how do I do that without wasting time and spending/needing a lot of money? I know it's a cliché but it's true, "The best things in life are free," no bitcoin required.
