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I appreciate the peacemaking effort but nah. Bitcoin needs NFTs like a hole in the head or a third tit, to quote a legend. No hard feelings towards anyone here though 🫡

node 2y ago

No hard feelings either.

I really don’t think bitcoin needs nfts

RIP DOOM

That's cool once again that an opinion not a fact. So I understand where you coming from.

node 2y ago

We’re all stating opinions here

I agree it’s a good thing we all see where we’re coming from

This is true but the network works just like that. And if the lil guys won't let go of the bitcoin.

Or even transact. The network become useless. An echo. Sydney needs to. Flourish.

It's funny how people says #Bitcoin fixes 99 percent of the world problems.

I wonder what they was thinking when they said that?

Voting, deeds, important paper work, life data.

And why put that on Eth when it centralized and compromises?

It would need to be the best network #Bitcoin.

Are you seriously thinking that 100 years from now our grandkids all be so thankful people sold jpegs on an imaginary satoshi numbering system to save Bitcoin which in turn solved the world’s problems? That there aren’t enough people getting rugged by central banks who need to use money in the world to fill the blocks without them, and it could never just sort itself out by Bitcoin insisting on simply pumping out a new block every ~10 mins and letting humans and institutions figure out the fees they need to pay to transact on-chain?

Bitcoin itself doesn’t fix things, people do. An honest ledger for a truly fixed supply of money might allow for a more honest economy. That’s all. Introducing speculative jpegs is fine and good until that demand inevitably dies out, but pretending Bitcoin is some super-app that can do everything any degen under the sun wants it to do is a fallacy, and that’s giving the benefit of the doubt that the people who say this shit actually believe it and aren’t just in on the scamming themselves, which i am doing here but starting to wonder

I did not expect to spend so much time arguing with nostriches about the worthlessness of jpegs today but i am not into it.

Maybe i’m right, maybe you’re right, it doesn’t really matter. This energy we are expending will not make any difference either way, so PV bros let’s just leave it at that 🤙

Once again sorry you misunderstood what an actual Nft is...

jpegs just fucked up the name!

Okay so your correct. It looks like our defentions of Nft is off..

jpegs aren't worth shit..

- the pic part im talking about real transparency items

Like voting, car deeds, house deeds. Important paper work as the description of "NFT"

Plus out bullshit Nft is on chain

Eth bullshit nft is a hyperlink.

RealJohnDoe 2y ago

You have a lot to learn about Bitcoin. The only ones that have #Bitcoin by the balls are the Virtuous! #fullnodes and Bitcoin #Loyalist.

They are Bitcoin. Because their interest and Bitcoins interest are exactly the same. Speculation about fees a hundred years from now is folly at best. Unless you're Satoshi Nakamoto.

Miners are supposed to be dumb drones. No intelligence. No decision making. Just spin the wheel and take your chance. If that's not good enough for you, then don't do it. Millions of other people will.

Miners don't pay shit for Bitcoin. The Virtuous #fullnodes do.

Step right up ladies and gentlemen! We got nounces! We got hashes! We got asic! How about you little lady. Step right up..⚖️👮‍♂️😊

It depends what end of the turd your looking at...

Yes i have a lot to learn but at least im not compliance I'm earnger to learn and actually get to the bottom of this.

But people bypass the lies for the dollars sign which show me they not in for the vision.

But you talking in the spectrum of a nerd respectfully . Most people are lazy they don't want to be they own bank and they don't want to run a Node or anything if they don't get paid. Shif they can barely wipe they ass 🤣

Own nothing and you will be happy types

We onboard with zaps Money make this world go round

But hop in a nest one day let's set this up.. I will loooovvvvvveewee to break it down fully after I clearly hear all your versions 🫡🫂💙

That's cool that's an opinion not a fact tho. So I respect that.. But the facts still stand. 🫡

I have seen no facts proving that NFTs mean anything to the long term success of the Bitcoin protocol. In fact we are all just sharing our opinions

This is true. We are sharing opinions🫂

But if you actually know the #Bitcoin protocols. It's limited and miners keep the network secure by paying for it... So if no one transact when the last halvin is finished or when it doesn't become affordable any more. Then what?

How do the miners keep it going when no one is moving funds around. There needs to be something to keep the miners set...

If not everyone will have to Run they own Node. But

Leave a window open for attack and remove trust.

Which is why #Bitcoin is the gold standard because off security

But we little guys and the on-chain metrics show that.

And the big guys are data harvesting the sentiment. So they got us by the balls anyways.

If all transactions across the globe eventually take place in the future, bitcoin miners will do just fine from transaction fees.

Yes but the hodl mentally is not good for that. And what rate... Also you can't predict the future of the kilowatt

#Bitcoin is energy . Once it gets expensive it will be different.

Darren Easton 2y ago

Hodl mentality is good to keep the scarcity up and encourage new Bitcoiners to join the party until mainstream adoption sets in. At that point price volatility will be negligible and a new economic era will be upon us where energy will be priced in Bitcoin.

There only 14.8 million coin the rest are lost.

I would say the scarcity is up.

The tmajority of the supply is already out there. And what left mining is like 3 million coins left.

This is why the etf is going to get approved. Because there will be no more dumping on the market.

So then what even if everything is price in #Bitcoin.. Which I talked about also..

We would all still be broke completed to elite once again.

Compared to * 😑 sorry lol

If and when we make it a global Bitcoin standard as global currency you shouldn’t have to Hodl very much (like 1 Bitcoin as family legacy and to pass to future family generations) and the rest of what you own and get paid in will be for circulation through the economy. It’s hard to say. I’m just thinking out loud with what is an education view. Doesn’t mean I am right and that I can’t accept other scenarios. I’m open to other educated views to ponder.

I mean I would only hope the world wakes up to thing but I doubt it.

And yes this is what this is here for.. For us to debate the things that are right in front of us.

There so many questions unanswered with bitcoin but everyone knows the answer. Like they build it... Most people even talking about bitcoin only been in since 21 🤣🤣🤣 respectfully

The great saying is you buy #Bitcoin at what you deserve.

But overall I do hope it does become something special

But as of right now it was a good attempt but we still got slaughter by major corp.

The math is on chain we hold nothing compared to them

In the #Bitcoin world one bitcoin means your Broke lets face it.

I put out the math on how many wallets own 1k in bitcoin everyone got happy like see 🤣🤣🤣

Then you show them the on chain metric for whales and bears

And they back to orange pilling people

Why I say so Npc like on here especially

🫂🫂🫂 but I follow you cuz at least you have a brain 🫂

Hope your day goes well stack sats

I was wondering why you think the gist of a kilowatt will go up in the future? I know rates are high on average across the United States. Residential rates are .16 per kilowatt on average. You won’t believe what I pay. I pay .34 and that is discounted because I plug in an EV. A Tesla S I bought 10 years ago. I wanted to mine at home but BTC price would have to be 66K for me to break even so I have them hosted at .075 in another state. At about 35k BTC I break even. I think that once the tech we already have is allowed to flow, energy will be free. I know that sounds crazy and I’m not talking about that happening in this generation or the next but maybe after that. I really like what magnetic generated power is proving. I can implement it here at home but it’s pretty costly right now so in the next couple of years, maybe I can afford it as prices come down. Once the 3 aligned magnets start to spin they don’t stop. Some maintenance on bearings get done periodically. Also, have you read Jeff Booths The Price of Tomorrow? I found the book useful.

Very interesting im definitely check it out 🫂

As far as the tesla in la we pay 69 cents a Killo

But im check this out. 🫂

.69 at residence?

No. resident 48 to 28 depending on time of day