Hey, haters! Bitcoin still exists, 10.1 yrs and counting now. God it feels good.
Having read the latest IMF post, I'm close to agreeing with you and becoming a bitcoin supporter.
In this recent post on IMF's official website, they talk their hope of destroying cash in order to nationalize money such that you no longer own your wealth.
In a cashless world, there would be no lower bound on interest rates. A central bank could reduce the policy rate from, say, 2 percent to minus 4 percent to counter a severe recession. The interest rate cut would transmit to bank deposits, loans, and bonds. Without cash, depositors would have to pay the negative interest rate to keep their money with the bank, making consumption and investment more attractive. This would jolt lending, boost demand, and stimulate the economy.
When cash is available, however, cutting rates significantly into negative territory becomes impossible....
...Breaking through zero
One option to break through the zero lower bound would be to phase out cash.
That's some crazy ****.
Satoshi (Craig Wright) has also helped sway me. In this series of interviews in 2014 from 1.5 years before his outing, he lays out his clear and longstanding vision of bitcoin, one which he's fighting for now.
He's right that Bitcoin core and Lightning are stupid and narrow and hopelessly flawed for the expansion needed.
The bet was a lock to win, I threw it. Brian got royally screwed by some of the best trading in years and I'd made a nice sum and I didn't feel like taking his money.
Lmaooooooo
Whether or not TS is right about CW, I have to commend his investigative vendettas he partakes on to try and prove people wrong.
Also, Trump has had success where others of his intelligence haven’t because he lacks moral obligation. That takes a special type of person.
Let's get back on topic guys, so after TS's weekend meltdown does ANYONE agree with the evidence he's presented that CW is Satoshi? I haven't seen one person say so and he knows damn well some of us aren't Bitcoin bulls. No one cares about your price predictions dude, stop bragging about being bullish from $250/bearish from $17k because there was so much bull**** in between and its pretty obvious you've never owned and/or traded a Bitcoin in your life.
Newsweek already revealed who Satoshi Nakamoto is a long time ago...
Wow thanks for reminding me about this. The truth is that I literally sold the top and was able to increase my purchasing power by almost 3x at 6k, and 6x at 3k. So I decided to buy some corn at 6k.
It must hurt that you tried to make me look bad... and ironically when I wrote that, internally I knew I had to play the long game in order to preserve my wealth & purchasing power.
A true bitcoiner is against turning the true nature of bitcoin, into whats becoming core-centric, commercialized network crap.
Bitcoin was born to get away from that crap of centralist capitalism, and yet stupid people want it to become the same crap as what was available before 2009.
Deburden the bitcoin network. by promoting other networks, altcoins, central services is not a Bitcoiner.
LN is just the same as 0 confirmation on Bitcoin network, instant and same level of trust,
Because I see that's where the value will acrrue. Not to bitcoin cash, bitcoin gold, bitcoin private, Satoshi vision, or whatever other forked crap is created.
Why would you follow core when it's a bastardized, broken, centralized, non-scalable, unimprovable version of what Satoshi had in mind? Just curious.
Why would you care ? You have already made your opinion (btc=ponzi) and have no skin in the game - a real shame given your amazing prediction talent.
The market made the choice, for good reasons. It's no surprise you don't undersand why given your comprehension, reasonning and judgement skills - or lack thereof.
No plz go back trading playmoney and trolling elsewhere, since it's the life you've embrassed.
A Bitcoiner supports Bitcoin network with mining or mining shares.
A ****coiner supports a ****coin node whatever his preferred flavor my be, XRP node, LN node, JPM node or what not crap node (cheap computer)
Lightning transactions are not on chain, so they are therefore not Bitcoin transactions.
So if LN txs are not Bitcoin txs, it follows that ...
Wouldn't affect my belief in BTC. Would be disappointed it was created by such a douchey troll, but would view bitcoin just the same.
Satoshi's Vision or whatever direction CW wants to take is fine. I'd still follow core and every other respectable person would as well.
Craig is not the coin. The coin is defined by the protocol. Period. Peeps is just peeps.
BTC is playing with fire if Craig is what he claims he is. There is potential of over one million btc to sell and bsv buy as soon as released from trusty hand.