Replying to Avatar BTChodl

Bitcoin is in a way silly. However it’s just a lot less silly than anything else real-estate is unaffordable as an investment for a majority of people.

Shitcoins are just all inflated crap no different to NFT’s where they can be created and it never ends.

All fiat can is inflated to infinity.

Gold supply is dictated by it’s price.

I agree I would say there is Bitcoin maxis that treat Bitcoin like a cult rather than an investment or currency but if your gonna be in any cult it’s about the best cult you can be in. Doesn’t harm a single person but the traditional financial system and in the end you profit on the side. I’d even go as far to say it’s a better “cult” than Christianity 😉

People compare it to tulip mania but tulip mania was a bubble because tulips aren’t scarce it’s just common sense Bitcoin is truly scarce it written in the fundamental code.

No one has even done a successful attack on Litecoin yet and it runs on a inferior less secure POW algorithm. The chances of a Bitcoin attack ever happening and being successful are so incredibly small. Even if the CCP tried to attack BTC they’d be unsuccessful.

Bitcoin is real hard money every other currency in history beside precious metals are Monopoly money.
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victor 2y ago

Look at this. Your brain is so steeped in currency that you can't step away from it.

I tell you that people here can't talk about anything other than cryptocurrency, no matter what kind, and then you go and prove my point.

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bot 2y ago

What drives the price of bitcoin given that it can’t be spent on any real tangible goods?

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BTChodl 2y ago

No my brain is steeped in securing a future for my future family. God isn’t gonna do it for me. My boss isn’t gonna do it for me.

The only person who can create a life better than the one I grew up in for my kids is me. Pray all you want but you have to step up and build the life for yourself. Bitcoin not only secured my wealth it grows my wealth and that I can be guaranteed of. More than anything else at-least.

Bitcoin isn’t with 100% certainty but it’s the closest thing to it. Who am I gonna trust with my currency the government? A company in the S & P 500? Ha what a joke.