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I just bought The Bitcoin Standard audiobook

Posted on 12/15/24 at 2:34 pm
Posted by Arthur Bach
Member since Jul 2016
2950 posts
Posted on 12/15/24 at 2:34 pm
Is this a pretty good explanation of Bitcoin? I’m already a believer, but want to know more about it.
Posted by I Love Bama
Alabama
Member since Nov 2007
38422 posts
Posted on 12/15/24 at 5:21 pm to
Yes. But the main takeaway is not understanding bitcoin but having knowledge of the history of what civilization has called money.

Posted by Enadious
formerly B5Lurker City of Central
Member since Aug 2004
18539 posts
Posted on 12/15/24 at 5:53 pm to
It's like any other ponzi scheme. Sell before the bottom drops out.
Posted by mach316
Jonesboro, AR
Member since Jul 2012
4926 posts
Posted on 12/15/24 at 7:53 pm to
All you need to know. It's over an hour long, but well worth it.

You Tube
Posted by SlidellCajun
Slidell la
Member since May 2019
16047 posts
Posted on 12/16/24 at 7:32 am to
8 crypto threads going on this board

At what point is bitcoin over valued?
Posted by I Love Bama
Alabama
Member since Nov 2007
38422 posts
Posted on 12/16/24 at 7:59 am to
quote:

At what point is bitcoin over valued?


Feeling a bit frothy, not going to lie.
Posted by Art Blakey
Member since Aug 2023
288 posts
Posted on 12/16/24 at 8:53 am to
quote:

Is this a pretty good explanation of Bitcoin? I’m already a believer, but want to know more about it.


Yes

LINK

I suggest reading that^ next.
Posted by SlidellCajun
Slidell la
Member since May 2019
16047 posts
Posted on 12/16/24 at 9:08 am to
quote:

Feeling a bit frothy, not going to lie.


But how do you measure whether the market value is “frothy” or otherwise?
Posted by I Love Bama
Alabama
Member since Nov 2007
38422 posts
Posted on 12/16/24 at 9:14 am to
Message board is full of Bitcoin posts. My friends and family are asking about it non stop. Twitter spaces of people taking like 1mm is around the corner. I catch myself looking at supercars.

shite like that.
Posted by spaghettioeauxs
Baton Rouge
Member since Jan 2017
2829 posts
Posted on 12/16/24 at 11:23 am to
It’s funny, everyone likes to jump on the bandwagon when it’s up but then love to shite on it when it dips. Believers don’t give af one way or the other, just accumulate more.
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