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re: Why are so many ppl still hung up on the “non-physicality” or “non-productivity” of BTC?
Posted on 3/7/24 at 5:57 pm to DeathValley85
Posted on 3/7/24 at 5:57 pm to DeathValley85
quote:
Why not just say this is your goal instead of being a disingenuous piece of shite?
I ask questions- you don’t like it. Just ignore it. Remember what you said “do not engage”.
Yet….
You engage.
Follow your own advice.
And when it comes to bitcoin, you’re one of the most closed minded posters here. You refuse to acknowledge the downside. You’re either limited intelligence or you know the risks but ignore. Which is it?
1
Posted on 3/7/24 at 6:15 pm to SlidellCajun
quote:
I ask questions- you don’t like it. Just ignore it. Remember what you said “do not engage”. Yet…. You engage.
No you ask questions and then don’t listen to answers. You’re actively wasting everyone’s time because your mind is made up. Which is fine by the way, but you keep asking the same shite over and over and over until there’s nobody left trying to talk to your dumbass. Then I guess you think you’ve “won”.
You don’t seek to understand like you say, you’re just a fraud.
This post was edited on 3/7/24 at 6:18 pm
Posted on 3/8/24 at 7:26 am to SlidellCajun
quote:
To open people’s eyes to the risks associated with bitcoin.
Just admit it. You are salty.
This is the real reason. You thought this shite going to zero years ago and it keeps going up and you are just big mad.
quote:People use it.
Question the validity as a currency
quote:Its 100% tracable retard
Question why anyone would want an untraceable currency
quote:Your moms bumhole
Question the origin of bitcoin
Question, why are you mad?
Question, on a scale of 1-10, how big mad are you?
Question, when did you realize its not going to zero?
quote:
As a trade, it’s fine imo because trades are inherently risky as I use them but as an investment, it’s foolish. I don’t want to see people naively spending their money on bitcoin as an investment.
OK Batman. Thank you for your service.
Posted on 3/8/24 at 8:17 am to DeathValley85
quote:
No you ask questions and then don’t listen to answers. You’re actively wasting everyone’s time because your mind is made up. Which is fine by the way, but you keep asking the same shite over and over and over until there’s nobody left trying to talk to your dumbass. Then I guess you think you’ve “won”. You don’t seek to understand like you say
lol.
And your mind isn’t made up! Seriously!? You trying to tell us that you’re open minded about BTC or crypto currency?
You just want an echo chamber.
Sorry but bitcoin etal need to be questioned and you should be open minded enough to accept that these things need to be questioned.
You just don’t like it when legitimate questions are brought about. You worry about the answers leading to the possibility that these crypto currencies are potentially a complete sham. That’s why you even bother to engage.
I started a thread sincerely asking what the reason for the soaring price of BTC.
I got answers like “supply and demand”, Jamie Dimon endorses it, the USD is going to crash, we have 33 trillion in debt, It’s not a currency! And other answers that are misdirection at best and outright falsehoods at worst. So my questions aren’t given good answers for anyone that has even a basic understanding of economics, finance and currencies. The only legit answer was that it was due to ETf’s and “halving”. Okay fine but hardly reasons to justify the run up we’ve seen imo and definitely not supporting the actual usage of BTC as a currency. So what started out as a sincere request naturally becomes more support for my used view of BTC and other crypto currencies.
This is a message board with lots of naive eyes reading. Lots of young people who aren’t sophisticated in finance or investing but they have a desire to make some easy money. Bitcoin can make that happen. So can meme stocks and other vehicles but they’re laced with extraordinary pitfalls that need to be pointed out.
But you don’t like that. You’d rather just keep blowing smoke to disguise the pitfalls.
Don’t look behind the curtain!
Well I’ll be here to pull that curtain back every chance I get. Too bad if you dont like it. Like others do, maybe just ignore it.
Posted on 3/9/24 at 11:24 am to SlidellCajun
Let’s back up a bit.
Forget BTC. Let’s think about this conceptually.
Hypothetically, there is a financial service out there that will take your dollars and shield it from direct influence from the fed. This financial service is also global and will automatically perform arbitrage across multiple currencies.
Additionally, they will let you take your “shielded dollars” anywhere and the record that you own these shielded dollars is immutable and eternal.
How much would you pay for this service?
Now, let’s take it a step further. There is a limited number of “slots” available for this service. They will only ever take so many customers and existing customers have to remove their dollars from the “shield” before others can participate.
How much is it worth it to the existing customers to unshield their dollars?
BTC is a digital asset, but more so, it is a trust less “service” as described above.
When you buy btc, you’re “bribing” existing customers to unshield their dollars so you can shield yours.
Forget BTC. Let’s think about this conceptually.
Hypothetically, there is a financial service out there that will take your dollars and shield it from direct influence from the fed. This financial service is also global and will automatically perform arbitrage across multiple currencies.
Additionally, they will let you take your “shielded dollars” anywhere and the record that you own these shielded dollars is immutable and eternal.
How much would you pay for this service?
Now, let’s take it a step further. There is a limited number of “slots” available for this service. They will only ever take so many customers and existing customers have to remove their dollars from the “shield” before others can participate.
How much is it worth it to the existing customers to unshield their dollars?
BTC is a digital asset, but more so, it is a trust less “service” as described above.
When you buy btc, you’re “bribing” existing customers to unshield their dollars so you can shield yours.
Posted on 3/9/24 at 6:38 pm to Hateradedrink
quote:
Hateradedrink
Ah you fell into the SlidellCajun trap.
He wont read what you said, and just repeat the same question again tomorrow.
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