Bitcoin....who's gotten into it?

[mcphee]

Because we’re being mean to the shills

[old goat]

If crypto is so great why do crypto companies keep dollars in banks?

[stalefish3169]

If crypto is so great why do crypto companies keep dollars in banks?

Because people in power don't give it up easily. Monopolies are good at staying monopolies.

As the the BRICS alliance keeps gaining strength and threatening USD hegemony, we'll keep printing USD and funneling insane amounts of money to death profiteers until we inevitably end up in a war fought by the most underprivileged. We might even have a CBDC by then that unhinged neoliberal control freaks will be able to censor at will as they deem protestors "domestic terrorists."

So yeah, sorry if I want an escape pod.

Sent from my Pixel 6 Pro using Tapatalk

[Bunion 2020]

So when dystopia is the rule of the day somehow you will be able to use electronic currency to buy your bread? Sounds like a fine plan.

[stalefish3169]

I love how every year morons babble about how crypto is a lifeline in places with high inflation like Argentina, and then you see surveys that - 17% of Argentina traded crypto in 2022. If it does everything you say, why don’t they care? I mean, it dollarized real fast in the past, why not cryptoized?

First of all, sociopathic pearl clutching rulers in Argentina did what is currently trying to be done here by our sociopathic pearl clutching rulers, that being cutoff banking access to crypto. Secondly, it literally took WWII to dollarize places "real fast." Ya know, the threat of nuclear annihilation can be a real motivator! If that's not enough, the CIA is always ready to swoop in and assassinate a couple key people and/or install a puppet regime...real democracy type stuff.

[mcphee]

^and you think you can win against that?

[stalefish3169]

So when dystopia is the rule of the day somehow you will be able to use electronic currency to buy your bread? Sounds like a fine plan.

No, genius. I'm hoping for a more egalitarian society. Not one where a cabal controls all the money and turns brown people into pink mist with General Atomics MQ-9 Reaper drones as our own debt crisis spirals out of control. That's dystopian.

I'm hoping for a green energy revolution incentivized by Bitcoin mining, which may be one of the only things that can move us away from profitable dominant fossil fuels. I know most of you guys don't have many skiing years left, but it would be nice if there is any semblance of the skiing we know in 2080 and beyond.

[mcphee]

I hate the usd. It’s fascist, fake, and the main reason for the world’s inequalities. I’m going to use this harmless, altruistic, world harmonizing coin to amass usd so I’m not poor.

[stalefish3169]

^and you think you can win against that?

People once thought the power of divine kings was too difficult to overcome as well. Martin Luther King, Jr., reminded us that “the arc of the moral universe is long, but it bends toward justice.”

[mcphee]

The only thing that will stop the gears of this machine is the machine itself due to the negligence of it’s owners and operators to maintain it.

BTC may have a use case then but it will be equalized by historical global pricing. 1btc=500k usd will never happen in adopted use. No one would be able to use it! Hey give me 0.000002btc for that pack of gum is gonna be real easy to keep straight for the masses to use!

This event will not happen in ours, our kids, or our kid’s kids lifetimes. Until then you’re just gonna be another rich asshole who’s believing that they’re changing something by their very smart and good decisions of doing literally the least amount possible.

[Bunion 2020]

No, genius. I'm hoping for a more egalitarian society. Not one where a cabal controls all the money and turns brown people into pink mist with General Atomics MQ-9 Reaper drones as our own debt crisis spirals out of control. That's dystopian.

I agree.

I'm hoping for a green energy revolution incentivized by Bitcoin mining, which may be one of the only things that can move us away from profitable dominant fossil fuels. I know most of you guys don't have many skiing years left, but it would be nice if there is any semblance of the skiing we know in 2080 and beyond.

That is so fucking stupid I don't know where to begin so I won't. Again, best of luck with your fever dream.

[stalefish3169]

The only thing that will stop the gears of this machine is the machine itself due to the negligence of it’s owners and operators to maintain it.

BTC may have a use case then but it will be equalized by historical global pricing. 1btc=500k usd will never happen in adopted use. No one would be able to use it! Hey give me 0.000002btc for that pack of gum is gonna be real easy to keep straight for the masses to use!

This event will not happen in ours, our kids, or our kid’s kids lifetimes. Until then you’re just gonna be another rich asshole who’s believing that they’re changing something by their very smart and good decisions of doing literally the least amount possible.

Right dude. Empires never fail. That's why we all pledge allegiance to Rome.

Secondly, there is already a 1/100,000,000th unit of a BTC called a Satoshi. Some goods are already priced in Satoshis. Many more will be by the end of the decade.

Finally, the rich assholes you're thinking about tried coming out with "World Coin" and wanted to scan people's eyeballs to give them a small amount while keeping 50% for themselves. Satoshi gave us one of the greatest inventions the world has ever known and distributed it in a way that anyone had a fair shot to get some.

[stalefish3169]

This. I've never voted GOP in my life. But I am quickly becoming a one issue voter.

https://twitter.com/GOPMajorityWhip/...08298481680384

[garyfromterrace]

I'm hoping for a green energy revolution incentivized by Bitcoin mining, which may be one of the only things that can move us away from profitable dominant fossil fuels. I know most of you guys don't have many skiing years left, but it would be nice if there is any semblance of the skiing we know in 2080 and beyond.

Um, so this hypothetical "coin" that is "mined" by using enormous amounts of energy that could be utilized making something of actual worth, but instead just creates more climate change, is the ticket to preventing future climate change.

Ok, I think I've got it now. Continue ponzi-ing good sir!

[J. Barron DeJong]

This. I've never voted GOP in my life. But I am quickly becoming a one issue voter.

https://twitter.com/GOPMajorityWhip/...08298481680384

“I’m very concerned about equality, and the less fortunate, so I’ll be voting GOP.”

Ok dude.

[J. Barron DeJong]

Um, so this hypothetical "coin" that is "mined" by using enormous amounts of energy that could be utilized making something of actual worth, but instead just creates more climate change, is the ticket to preventing future climate change.

Ok, I think I've got it now. Continue ponzi-ing good sir!

The only way I see Bitcoin helping here is if miners build a shit tonne of green infrastructure for mining purposes, then BTC goes tits up and that green infrastructure gets repurposed for something useful. But I don’t think that’s what stalefish has in mind.

[mcphee]

Right dude. Empires never fail. That's why we all pledge allegiance to Rome.

How long was it between the reorganization and division of power to protect against invaders and the ultimate sacking of Rome by the Visigoths? Who are America’s visigoths?

Satoshi gave us one of the greatest inventions the world has ever known and distributed it in a way that anyone had a fair shot to get some.

“Daddy”

[stalefish3169]

“I’m very concerned about equality, and the less fortunate, so I’ll be voting GOP.”

Ok dude.

The modern Democratic Party is incredibly corrupt and just bailed out a bunch of rich people while Trump was hanging out with the poors in East Palestine, OH. FWIW, I'm not a fan of Trump. But I have the ability to see more nuances beyond just Red Team vs Blue Team.

[stalefish3169]

How long was it between the reorganization and division of power to protect against invaders and the ultimate sacking of Rome by the Visigoths? Who are America’s visigoths?


“Daddy”

Hmmmm...this seems a little familiar. Debt ceiling coming up? Fuck it, we'll just print more money!

https://www.businessinsider.com/how-...of-rome-2016-2

[mcphee]

^youre becoming more transparent the madder you get about this

[skaredshtles]

“I’m very concerned about equality, and the less fortunate, so I’ll be voting GOP.”

Ok dude.

[mcphee]

Hmmmm...this seems a little familiar. Debt ceiling coming up? Fuck it, we'll just print more money!

https://www.businessinsider.com/how-...of-rome-2016-2

I’m not arguing against America’s demise as an empirical superpower. It’s inevitable. I just want you to shut the fuck up about your altruism in amassing btc to save the world when your actual, realistic motives have been revealed…by your own self.

I have more respect for byates nihilistic motives.

[J. Barron DeJong]

The modern Democratic Party is incredibly corrupt and just bailed out a bunch of rich people while Trump was hanging out with the poors in East Palestine, OH.

I don’t know man, seems like maybe you’re so bogged down in the nuance that you’re completely missing the bigger picture here…

[schuss]

The modern Democratic Party is incredibly corrupt and just bailed out a bunch of rich people while Trump was hanging out with the poors in East Palestine, OH. FWIW, I'm not a fan of Trump. But I have the ability to see more nuances beyond just Red Team vs Blue Team.

Yeah, I'm sure they won't just take their money whenever's convenient for them. A crypto guy loving kleptocrats is very on brand for both.

[CarlMega]

^youre becoming more transparent the madder you get about this

if you ever had a question about the irrationality behind the BTC hype, just read the last few pages.