As #bitcoin crosses €100K again, the Value of Money exhibition at the Vienna Technical Museum tells us bitcoins are “utterly virtual units not backed by any real value” and are generated by “volunteer activists” 😂 #winning
Discussion
nostr:npub1dskk3wspds53g9larr48cp4hxlkpg0ma2mtclh2y5key3pr9yhkqjvjuc2 nostr:npub1l5pxvjzhw77h86tu0sml2gxg8jpwxch7fsj6d05n7vuqpq75v34syk4q0n looks like you should visit this museum
they need education
nothing is backed by anything
value only is applied by the people, who value something
value is subjective
its simple
have you seen that interview on ard about bitcoin from a few days ago?
no sorry i cant take that kind of shit anymore
I recommend to watch it
nostr:note14epe2kj2qf9d6zgp39ye7kxfaaf03a9ncz4nj80f2pehg7yfzrxqxtf3kt
jo höre es mir mal an
aber echt nichts neues für mich
eher was für die schlafenden
um sie etwas aufzurütteln
darum geht es aber! Ich kenne so viele Menschen die keinen einzigen Sat besitzen wollen
ja das stimmt, ich kümmer mich eher um die welche mehr wissen wollen und gebe auch kurse
ich halte es nur nicht lange aus mich mit absoluten anfängern zu beschäftigen
aber das kann ja jeder machen wie er will
Das ist auch wichtig …. Ich überlege seit einiger Zeit wie ich remote Kurse geben könnte.
ja das geht über videochat
die frage ist eher wie man an kunden kommt
achso ich würde das sogar gratis machen 😅
But YOUR energy has value. The work you do to produce something OTHERS want. And the energy of OTHERS that produce things that YOU want.
Value is subjective ONLY due to our collective desires for what the other person produces! You may LOVE carrots, and pay a lot for them, but maybe I don't like carrots and would not pay anything for them!
So the key here is to BACK your energy, with a unit of energy, to be used ANY TIME in the future on another amount of energy (products/services of others).
My point is: If you look at what is 'backing' #Bitcoin it's that raw energy. If you make things (energy required) and sell that to someone that truly wants it, you should be able to store that energy, backed by energy - for future needs/wants.
For the first time in human history, Bitcoin actually does this. There is no subjective value with stored energy - you can own it and no one can steal it from you (just not in an ETF but in private wallets or L2 applications).
Gold was used at one time - because it did represent real energy. But because Gold is impractical as a medium of exchange, it gets centralized and Government then starts stealing wealth (energy) through fiat debasement and distortions in the 'value' of everything through taxes and regulation.
I hope this drivel hits with someone. We are at turning point in human history. Will be incredible for all, but especially good for those that see the 'gold rush' now.
you are right
i should say bitcoin is backed by the largest computer network in the world
its only frustrating if someone comes around with the intrinsic value argument
Bitcoin backed by largest computer, but really it's just the largest energy plant in the world. Which is what we WANT to store OUR work/energy in life! This is so fundamental - it should be taught in schools!
I worked in the Utility industry for 40 years and I was a master at justifying projects through intrinsic value. I could show you or regulators how a totally worthless project worth 10's of millions actually had value (intrinsic of course). It took me 30 years to realize 'intrinsic value' is a hoax. Literally there is no intrinsic value in anything. It's a totally fabricated term by fiat economist to TRY and add value to something that HAS NO VALUE! It's been used to misdirect capital to the point we don't know what is true or false anymore.
Intrinsic value at the top of the list for biggest lies ever told.
so we are on the same page 🫡
100%!
My added color is because I 'hope' someone that believes in the whole fake value thing reads this and hesitates for a moment - thinking, "...wow, maybe intrinsic value does not make sense..."
The process of de-programing brainwashed minds is a very slow process. We all need to see something many times JUST to acknowledge we 'might' be wrong! It's what makes discussions turn to arguments. And that's JUST the first step! There has to be a desire there to research things on your own, which is rare in itself.
When I hear someone mention intrinsic value, I know I'm talking to either a brainwashed person or an empty vessel. It's as clear as day to me now - but I lived, sadly, in that world for over 25 years. Just glad I was not an empty vessel - most die in that world!
so i ended up with being in agreement with natural law
but i am still open to learn more
everybody is doing his own process right now
we should try to listen
but also embracing new facts !
to start overthinking our believes !
This is the point you realise even the museums are propaganda outlets depending on the views of the curators. History is whatever people want to make it.