I certainly don't, but I consider myself more perceptive and objective than the average person. People will follow whatever you say is best, smart money will follow smart money, nothing else to say.

Personally I'm not worried about crafting a gold statue of myself or conducting electricity but I am concerned about maintaining my financial dignity and value amid debasers and thieves, something that BTC allows. I'm not here to convert you but it's good to see seemingly educated people go against something so common sense, means there are profits in the air and biases to be exploited

I don't think buying a trivially clonable string of digits built upon a trivially clonable ultra expensive system of pure waste, for $7000 each, is "so common sense" or even "common sense". I think an objective observer would find it downright nuts, a temporary delusion of a crowd. I think the 30,000 foot view is that bitcoin is a ponzi like all the others before it, built on top of a growing base of illegal activity (which is why each ponzi collapse except the last one found a floor).

I'm with you that government-free money is very appealing for a number of reasons, but lots of things that aren't a good idea are appealing, especially if you ignore the externalized costs borne by future participants.

Translator:

"I consider myself more perceptive and objective than the average person" = I found a subreddit that panders to my prejudices, don't ask me anything that involves working out real numbers

"maintaining my financial dignity" = I have a small amount of money and can't/won't build a real future for myself with skills and connections, I hope hodling will get me rich

"there are profits in the air and biases to be exploited" = I love the idea of understanding what is going on better than the rest, except I can't figure it out for myself. Instead I will attach myself to the idea that I am a deep seer going against the current. Like all of my beliefs, this conveniently aligns with me getting rich

Do what you do guys... who cares what I think. I certainly don't put much stock into your ideations. Things will prove themselves and these talking points are nothing more than that. Have fun and live a good life! - One must be open to all possibilities and eliminate bias to come closest to truth

Good Roman money history read.. food for thought
https://www.bullionvault.com/gold-ne...rius-111320181

So same reason most people are buying gold.

These are just points I wished someone slapped into me when I was new.

Don't invest what you cant afford to lose so you wont be forever salty and troll boards is another great lesson to learn early. Just throwin them out there

What a very strange post to put on an internet bulletin board.

Its just pointless to go back and forth with trolls, the quality of which are not worth contending with, on an internet message board. I open myself up with my thoughts and you are free to pick them apart as you wish. Trust like respect is hard to earn and its hard to say who I respect on these forums

Jan 1 2022, 12k-80k

nice story, wtg pineapple fund
https://www.thegivingblock.com/post/...-what-happened

You keep calling bitcoin illegal, do you know how exploitative the gold market is? The diggers/miners, some get paid nothing, in Africa they are caught by the army and treated as slaves or in some other parts they get a whopping $1 a day. Illegal you say?

The whole gold industry is built by white slave masters, the most illegal of all illegals, the biggest terrorists and criminals! They supply the army weapons, in favor they get cheap gold and they fund the wars so the blacks can kill each other off, a double whammy!

Notsureifserious.jpg

Youtube seems to have gone on the warpath today banning videos shilling crypto.

Crypto twitter is up in arms about the 'censorship' but it's a good thing IMO, these videos helped thousands of people get rekt by convincing them to buy shitcoins in 2017.

Apparently there is a telegram group dedicated to flagging these crypto channels. I agree that tons of crypto youtubers are just toxic bag pumpers and low life shills, but a few that I like are apart of this attack... It will eventually come down to youtube moderation to see if those flags are valid. There was speculation that it was Youtube and other corporates behind this but the evidence has pointed to small 3rd party group doing the flaggings, not youtube itself.

Fiat or our legacy currencies do not have a non-monetary usecase like that which you suggest implies bitcoin will die.

You are strawmanning and/or being unspecific in regard to the scaling vector you are referring to. You obviously mean tx/s which is a red herring argument perpetuated by those that wanted control of the most popular node/implementation (ie bitcoin core and those implementations that held true to the implied consensus/protocol).

Bitcoin (technically) perfectly scales in regard to the amount of value that can be transferred and I would like to hear you admit this.

Rough day for this prediction.

What do you mean?

Fiat has a central authority mandating its use and a forced monopoly for many use cases in is geographical area. They're not comparable things.
I don't understand how the fact that bitcoin chokes like a dog at 10 transactions/second of throughput is a "red herring argument perpetuated by competitors". On the contrary it's a fatal fundamental flaw in the technology and a hard barrier to mainstream adoptions, and is the main reason the last run up choked out at $20K.

I don't even know what this means so I'm not sure what you want me to "admit".

IOTA's network crashed for ~16 hours today. They just released a patch to fix their nodes, but for that time, no transactions could process. That's not a great look.

Yep they will have bugs to workout along the way.

Imo if the fiat system didn't shut down on weekends (lol) and consistently flag crypto related transactions, BTC would have blown through $20k

The blockchain clogging was actually good for price, because sellers couldn't quickly deposit BTC to thicken the supply side of order books.

There is a separate thread for altcoins. My general advice would be not to waste time on them, but do whatever gives you motivation. IOTA is flawed to the core by its design. It could very well pump along the way, that's always the case with these coins but they are -EV without insider info. Pretty much every coin besides Bitcoin is just a very convoluted and expensive, centralized service, a worse alternative to existing solutions. Proof-of-Stake coins are the worst in that regard, at least if they really try to seem decentralized, and IOTA degrades to a badly designed PoS coin under adversarial conditions.