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What does that even mean? lmao I’m trying to have a reasonable discussion with you guys and it’s all vague hyperbole about how I don’t understand.

The fact is, you collect bitcoin because it’s a speculative investment for you, it’s gambling. You can’t use it in real life, because you would need to convert it to cash, which defeats the “uncensorable” part of the equation. People have tried to make it go mainstream, but retailers don’t want it because it’s too risky and there’s almost no demand.

So what’s the point exactly?

WasBuddhaMaybe 2y ago

If you look more into bitcoin you will see it’s the only true money that’s ever existed. All other money was able to be weaponized by the issuer to ensure an unfair advantage in the exchange. Always. Bitcoin is still in its infancy, plenty of businesses will come around to accept it, but regardless, saving in bitcoin will allow you to preserve your purchasing power while fiat currencies fail one by one due to central bank mismanagement and govt greed.

The gamble is trusting a few men in a room to decide the price of all things and going to bed with dollars in your bank account, assuming they will still be worth a dollar tomorrow. Bitcoin only seems volatile because it’s being valued against those currencies.

Read up and study some more and you will come to the conclusion that bitcoin is all that matters if we ever want to see true human flourishing. Or maybe you won’t come to that conclusion and you’ll be like the frog in the pot of water that doesn’t move as the temperature slowly rises to boil him to death. The choice is yours. Good luck on your path

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Discussion

old 2y ago

You should read back to yourself what you just wrote. It’s detached from reality tbh. What about the people that bought up to the ATH and lost their life savings on the drop? How does that relate to USD or anything else? It’s more like a bubble isn’t it? Tulips.

WasBuddhaMaybe 2y ago

If you bought the ATH and didn’t have the intent to hold the asset for more than a few years you will get rekt along with everyone else that has a high time preference. Tulips was a bubble that lasted a few months. This is year 14. Bitcoin will eat the world and you will regret your close minded parrot talk. Or not. Don’t care. Good luck on your path

old 2y ago

So you genuinely believe it’s “line goes up” forever? Why does line go up? What’s the explanation?

WasBuddhaMaybe 2y ago

This is where Anthony was right. I’m not here to teach you. You don’t have to believe me or trust me. I’ve said enough. If it sparks your interest the resources are there for you. Yes, when denominated in fiat the “price” will continue to rise for many many years until we reach dollar sat parody and even then it may still go. Bitcoin is scarce, it is pure, it is the opposite of fiat. Education efforts will help the disenfranchised finally get included in the global economy, fiat grifters will continue to get rekt and be proven wrong. There will only ever be less and less bitcoin available, more and more people that won’t sell their core position, more wallets coming online, more knowledge and less fear in the space overall. Fight it if you want, the choice is yours.

old 2y ago

Why does it always come back to this with you people? It’s always like “you don’t understand, go educate yourself”… but on what? Can you link the educational resources you’re referring to? Why can’t you just explain it?

WasBuddhaMaybe 2y ago

What did I not explain? Be specific. Or are you just waiting for me to say keywords so you can continued your skepticism?

Here -

Read -

The Bullish Case for Bitcoin

Layered Money

The Bitcoin Standard

Check your financial Privilege

21 Lessons

Everything divided by 21 million

The price of tomorrow

Then get back to me. I’ll be here

old 2y ago

I asked you to explain why line goes up forever, I shouldn’t have to read 7 books for you to explain that. It’s like you said… it’s been 14 years and there’s near zero adoption in commerce.

WasBuddhaMaybe 2y ago

I’m not interested in that. I’m here to separate MONEY and STATE. You want to talk about lines, go find some fuckwad tech analysis person to talk to you. I’m not doing the work for you. Do it on your own or suffer, I don’t care. ✌️

old 2y ago

Well, you’re still going to report and pay taxes on your bitcoin activity or you’ll be sent to prison.

Anthony 2y ago

That’s the Budda I know and love.

WasBuddhaMaybe 2y ago

It took a few minutes. Nostr has softened me. 😂😂😂

Anthony 2y ago

I smelled bullshit right away.