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  1. #10551
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    Quote Originally Posted by hatchgreenchile View Post
    I like the doom and gloom future outlooks. Dystopia on deck! Start loading up on gold, silver, guns, MREs and crypto, eh?
    Accountability of fiduciaries matter. Customer protections matter. Sanctions matter. Taxation matters (that's not fun, but it does!)
    While crypto may work in the libertarian utopia of the mind, in the real world, there are interests that elected officials are incentivized to protect. I'd argue many are valid. YMMV
    Oh elected officials you say? GOP has won the popular vote only once in the past 30 years but got to pick 5 of the 8 new SCOTUS justices that will be on the bench for decades.

    All those things you listed matter and as long as they are working in your favor, you're happy. What happens when they're not?

    Sent from my Pixel 6 Pro using Tapatalk

  2. #10552
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    Crypto-utopianism is doomed to fail just like all other utopias. That doesn't mean blockchain will fail as a technology. It only means one has nothing to do with the other. Laser eyed charlatans alternating between promoting crypto-fascism and crypto-leftism are much worse than even the nocoiner crowd.

  3. #10553
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    Quote Originally Posted by stalefish3169 View Post
    All those things you listed matter and as long as they are working in your favor, you're happy. What happens when they're not?
    When FDIC and SIPC are suspended, our banks freeze access & loot the balances, and the government pillages any leftovers, I'll let you know.

  4. #10554
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    Quote Originally Posted by J. Barron DeJong View Post
    Paranoid libertarians, from what I can gather…
    Check your financial privilege at the door. You're free until suddenly you're not.

    "The present threat to democracy is the product of 16 consecutive years of decline in global freedom. A total of 60 countries suffered declines over the past year, while only 25 improved. As of today, some 38 percent of the global population live in Not Free countries, the highest proportion since 1997. Only about 20 percent now live in Free countries."

    https://freedomhouse.org/report/free...oritarian-rule

  5. #10555
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    Quote Originally Posted by stalefish3169 View Post
    Check your financial privilege at the door. You're free until suddenly you're not.

    "The present threat to democracy is the product of 16 consecutive years of decline in global freedom. A total of 60 countries suffered declines over the past year, while only 25 improved. As of today, some 38 percent of the global population live in Not Free countries, the highest proportion since 1997. Only about 20 percent now live in Free countries."

    https://freedomhouse.org/report/free...oritarian-rule

    bitcoin and crypto are all about financial privilege, and suck for actual poors

  6. #10556
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    Quote Originally Posted by stalefish3169 View Post
    Check your financial privilege at the door. You're free until suddenly you're not.

    "The present threat to democracy is the product of 16 consecutive years of decline in global freedom. A total of 60 countries suffered declines over the past year, while only 25 improved. As of today, some 38 percent of the global population live in Not Free countries, the highest proportion since 1997. Only about 20 percent now live in Free countries."

    https://freedomhouse.org/report/free...oritarian-rule
    Didnít realize Freedom House was advocating for Bitcoin as a way to counter this democratic backsliding. Iíve been pwnd again, I guess.

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  7. #10557
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    Quote Originally Posted by dunfree View Post
    bitcoin and crypto are all about financial privilege, and suck for actual poors
    Thanks, middle-aged white guy posting on a ski forum in summer.

  8. #10558
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    Quote Originally Posted by J. Barron DeJong View Post
    Didnít realize Freedom House was advocating for Bitcoin as a way to counter this democratic backsliding. Iíve been pwnd again, I guess.

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    There's no simple approach for defeating authoritarianism. It's a very nuanced situation. Having the most decentralized form of money that can be stored by memorizing 12 words is a good tool in the ongoing battle. Sorry if you're too sheltered and naive to realize it.

    Sent from my Pixel 6 Pro using Tapatalk

  9. #10559
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    Quote Originally Posted by stalefish3169 View Post
    There's no simple approach for defeating authoritarianism. It's a very nuanced situation. Having the most decentralized form of money that can be stored by memorizing 12 words is a good tool in the ongoing battle. Sorry if you're too sheltered and naive to realize it.

    Sent from my Pixel 6 Pro using Tapatalk
    Bitcoin undermines the functioning of the economy in a democratic country. Itís creating instability, not vice versa.

  10. #10560
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    Quote Originally Posted by J. Barron DeJong View Post
    Bitcoin undermines the functioning of the economy in a democratic country. Itís creating instability, not vice versa.
    Well first of all, authoritarian is != to democracy. So clearly you're missing the point. Secondly, I'd say that corrupt politicians and central bankers that can print unlimited amounts of money to give to their cronies produces quite a bit of instability! It's like pouring gasoline on a fire of inequality. But let me guess, you think everything is great because your home equity just went up 30% in the last 2 years while you did nothing to deserve it???

    Sent from my Pixel 6 Pro using Tapatalk

  11. #10561
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    Quote Originally Posted by stalefish3169 View Post
    Well first of all, authoritarian is != to democracy. So clearly you're missing the point. Secondly, I'd say that corrupt politicians and central bankers that can print unlimited amounts of money to give to their cronies produces quite a bit of instability! It's like pouring gasoline on a fire of inequality. But let me guess, you think everything is great because your home equity just went up 30% in the last 2 years while you did nothing to deserve it???

    Sent from my Pixel 6 Pro using Tapatalk
    No. Keep guessing!

    Sorry, is your point that you, an American hoping to get rich off Bitcoin, are going to cause the downfall of authoritarian regimes around the globe by doing so?

  12. #10562
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    Quote Originally Posted by stalefish3169 View Post
    Thanks, middle-aged white guy posting on a ski forum in summer.
    Next time you take a Mexican beach vacation talk to people dildo…. But that’s not what middle aged guys do usually

  13. #10563
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    lol "libertarian" arguing his morals are better than your morals weighs in on the injustice of real useful assets like housing, says people should hoard deflationary currency instead.

  14. #10564
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    Quote Originally Posted by stalefish3169 View Post
    There's no simple approach for defeating authoritarianism. It's a very nuanced situation. Having the most decentralized form of money that can be stored by memorizing 12 words is a good tool in the ongoing battle. Sorry if you're too sheltered and naive to realize it.

    Sent from my Pixel 6 Pro using Tapatalk
    Those same authoritarians control the internet you need to make Bitcoin work.

  15. #10565
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    Cool. Let's recap! BTC still not dead, Blackrock got into the game, and you guys keep repeating yourselves.

    I'll check back in after a few weeks.

  16. #10566
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    BlackRock's investment in USDC stablecoin is newsworthy. Because stablecoins, not bitcoin, have become the real peer-to-peer electronic currency owing to the exponential rise in global users.

  17. #10567
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    Yeah cause BTC hasn't become a trillion dollar asset in a dozen years or anything.

  18. #10568
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    One BTC is going to be 500 grand in 10 years. It's 20 grand now. Not a horrible roi.

  19. #10569
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    Could be big. Could be killed off by this guy.

  20. #10570
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    Quote Originally Posted by byates1 View Post
    One BTC is going to be 500 grand in 10 years. It's Science
    FIFY

  21. #10571
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    Quote Originally Posted by byates1 View Post
    Yeah cause BTC hasn't become a trillion dollar asset in a dozen years or anything.
    Who should anyone care about that? I mean it's great for people who bought early but a currency alone shouldn't be the main investment vehicle and it shouldn't earn a positive real return, right?

  22. #10572
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    Quote Originally Posted by frorider View Post
    FIFY
    Well it is math.

  23. #10573
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    Quote Originally Posted by MultiVerse View Post
    Who should anyone care about that? I mean it's great for people who bought early but a currency alone shouldn't be the main investment vehicle and it shouldn't earn a positive real return, right?
    The peer to peer electric cash system was the original design. Seems to be more digital gold now I sent 5 grand BTC to a dude for a bike, effortless, free, instant, and outside the traditional syatems.

    Bought 5 grand in physical gold and silver in the last month or so. I like having 10/30% of my investments outside the traditional syatems.

  24. #10574
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    Quote Originally Posted by byates1 View Post


    Could be big. Could be killed off by this guy.
    Looked like Carney wasnít having any of it.

  25. #10575
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    Quote Originally Posted by byates1 View Post
    Yeah cause BTC hasn't become a trillion dollar asset in a dozen years or anything.
    Honestly who cares? Most BTC holders are underwater.
    Quote Originally Posted by blurred
    skiing is hiking all day so that you can ski on shitty gear for 5 minutes.

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