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Nvm. I c said the blind man
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It's all hype. Let that **** run. Inflate the price of this speculative asset some more. BTC has no utility. It needs stories like this to attract more buyers.Isnt that kind of misleading though? The nfl didnt directly give him bitcoin. He decided to convert half his salary into bitcoin which has went up. So how does the increase make him one of the highest paid?
fell asleep 3 mins before opening smhALICE ?
It's all hype. Let that **** run. Inflate the price of this speculative asset some more. BTC has no utility. It needs stories like this to attract more buyers.
after a page someone else is going to repost the exact same thing
You can bet your *** I will be! I am the #1 hype man for my largest $ value holding. Still doesn't change the fact that it is digital tulips.Keep that same energy at $300k
Was this already posted? I went back a few pages and didn't see it.
You can bet your *** I will be! I am the #1 hype man for my largest $ value holding. Still doesn't change the fact that it is digital tulips.
LMAO. O, please do enlighten me.so we should be taking advice from someone's whose largest portfolio is something they don't understand?
LMAO. O, please do enlighten me.
He’s not wrong that at the end of the day the only value bitcoin has is the value we apply to it. Without that demand it doesn’t matter what its finite supply is.
You literally just said the market will decide. LOL.Totally agree, but the same logic can be applied to USD. People just haven't used anything else in their lifetimes and are so accustomed to it so they're in denial that something like BTC is going to eat every asset class alive. All good though, the market will decide and I currently have 100% more faith in a currency that's supply can't be manipulated to create wider wealth inequality. It's just funny to me that people that measure things in USD think BTC is a sham, but never question the purchasing power of their fiat over time.
LMAO. O, please do enlighten me.
Thanks for the post. I would quote myself re: MIT scholars and economists, but, well, that would be kind of pompous.Nah, I'll just believe you rather than MIT scholars and economists. Digital tulips...again?? So 2013....what else, let me guess its a BUBBBLE!!! It's gonna crash!! Its not worth anything.
Check your favorites S&P 500 and compare them to this tulip/bubble called Bitcoin. Here, Michael Saylor has done it for you all to use as a resource....All your lovable stonks are trending to ZERO/0 vs bitcoin...weird right?? Tell me what is your asset of choice and I'll reply just like you.
Compare Bitcoin Using HyperIntelligence | MicroStrategy
Risk-adjusted returns of currencies, indexes, metals, stocks, & bonds vs BTCwww.microstrategy.com
Man I respect your crypto knowledge, I really do. I am sure you have made a killing and props.cannot scale. you sound so definite. so when it scales you'll admit you're wrong right?
Man I respect your crypto knowledge, I really do. I am sure you have made a killing and props.
Maybe you just don't understand what I mean. When I say scale, I mean as anything other than a store of value. Its price can "scale" to $300k, $1m, or whatever, but as a technology, it cannot scale to solve what Nakamoto wanted it to, practically.
I am not saying Bitcoin cant make you money, as evidenced by my portfolio. I am saying its only value is us on this message board and the continued hype of Saylor and Elon and Robinhood and everyone else.
Thanks for the post. I would quote myself re: MIT scholars and economists, but, well, that would be kind of pompous.
Let me just be abundantly clear for everyone in here - Bitcoin has 0 utility beyond being a store of value. It solved for the science of p2p electronic cash without an intermediary, but cannot scale. Unless its monetary policy changes, it will never be anything other than what the market says it is worth.
That being said, as I have stated, it is my #1 crypto asset by $USD because I believe in it as a store of value. I believe it will challenge gold. The crypto market needs BTC to succeed and so I will support it to no end.
But to suggest it is anything beyond a speculative asset is asinine.
I am not hung up on it being a medium of exchange, you are. I know for a fact it cant be so I dont even consider it.Fair enough, I agree with most of this. But why are you so hung up on BTC being a MOE? You're speaking from a place of privilege and aren't part of the billions of people on earth that are under an authoritarian regime that constantly has their money debased and surveillanced. THAT is why BTC is important, not because you can buy your daily Starbucks w/ it.