BITCOIN

MeteredOut

HHarry said:

User232002 said:

I never said crypto. Bitcoin has had no bail outs, has true scarcity and works 24/7. 

I find it humourous though that you think I'm 'triggered.' The fiat ponzi is creaking and I've got more than enough time to wait it out. 



I'm paraphrasing slightly, but I think goes something like "When our country is paying more in interest on the debt than we are collecting in tax receipts, then our country has truly become a ponzi scheme." 

If you're 70+, I completely understand not holding Bitcoin. If you're under 60, I think you're running it close.

 Works 24/7 doing what?  You’re not filling your car up with petrol with it.

You can't deny some people are making money 24/7, but at the expense of others. Greater fool theory at play.

Frequentlyhere

Well, and of course providing an alternative to the inevitable collapse of the fiat ponzi scheme.

Because if that happens the first course of action, naturally, will be for everyone to buy some Bitcoin.

Who would need guns, food, clean drinking water or toilet rolls when you could buy a function-free teenaged digital collectible, highly tuned to support the transactional needs of a small hamlet and heroically balanced on a delicate electronic infrastructure which would likely not be in any normal existence at that point? 

User232002

Adyinvestment said:

I don't know why but the anti Bitcoin side are coming across more fanatical than the pro Bitcoin side. Considering I assume they have no skin in the game, they certainly devote a lot of time and effort into putting it down.

When data keeps telling you that you're wrong, the chanting needs to get louder to drown it out. In times of crisis, people pray more; not less.

HHarry said:

 Works 24/7 doing what?  You’re not filling your car up with petrol with it.

The sheer ignorance.

Frequentlyhere said:

Well, and of course providing an alternative to the inevitable collapse of the fiat ponzi scheme.

Because if that happens the first course of action, naturally, will be for everyone to buy some Bitcoin.

Who would need guns, food, clean drinking water or toilet rolls when you could buy a function-free teenaged digital collectible, highly tuned to support the transactional needs of a small hamlet and heroically balanced on a delicate electronic infrastructure which would likely not be in any normal existence at that point? 

That's a mighty fine strawman you have there.

Scottex99

Arthritis = Old = Boomer = Buttcoin








joking 😂

Scottex99

Haha and yet you still took it seriously. Whatever, lighten up.

Next time I’ll be sure to cross check the dictionary for every single possible typo that could be construed the wrong way.

I’d certainly want to do anything possible to avoid being tagged as negative and untrustworthy, especially by strangers on the internet.

Anyways, Bitcoin to the moon

MeteredOut

I quite like the term Buttcoin

Scottex99

Check out r/buttcoin on Reddit, you’ll love it 

HHarry

User232002 said:

HHarry said:

 Works 24/7 doing what?  You’re not filling your car up with petrol with it.

The sheer ignorance.

 I’d be grateful for some enlightenment then.

  It can’t be used as an alternative for cash in anything other than a handful of places
  It’s a poor store of wealth when it’s value rise and falls so dramatically
  I don’t think (and here I am ignorant) that you can secure a reliable / re-occurring income from it

 So what is it doing 24/7?  If the answer is ‘provide an alternative to FIAT’ then I’d suggest that if any major currency went that far south, we’d have far more important societal problems to worry about than getting hold of some BTC.

Cus

Boomers - i'm sorted, milked the established system, don't like the idea that someone younger knows better about investing, let's mock the whole thing/ don't actually understand it.

Millennials - the economic world has screwed us, bitcoin is the future, and will revolutionise finance, and get one over on the boomers, fiat is going to blow, and I've got no other option but to go all in on crypto.

Gen x (me) - maybe I should punt a few grand on it, but don't get too serious.

Scottex99

Cus said:

Boomers - i'm sorted, milked the established system, don't like the idea that someone younger knows better about investing, let's mock the whole thing/ don't actually understand it.

Millennials - the economic world has screwed us, bitcoin is the future, and will revolutionise finance, and get one over on the boomers, fiat is going to blow, and I've got no other option but to go all in on crypto.

Gen x (me) - maybe I should punt a few grand on it, but don't get too serious.

Accurate summary imo!