that was interesting and here is my main thought about it:
the thing is, as best as i currently understand, bitcoin only goes up for two reasons:
people buy more of it, or, there's an increased demand for it.
but my main problems with this, are as follows
- cbdc is emminent, and when that occurs it will change a lot. stay with me a sec.
- when people globally "hypothetically" want to use bitcoin, but cant get any, how does that help any of them? are we hypothesizing that the entire world, is just going to use whatever liuidity is in the lightning network. and adjust the price of everything, based on an ever changing metric of how many scraps are in the digital bucket?
-are we to assume that bitcoin will only be valuable because if the holders of it are the only ones who can get it, in a post cbdc economy, this somehow makes the people holding it more useful, or more valuable somehow?
-on the last point, i would argue that it doesn't make those people more useful, primarily because human nature is such that people are greedy, and only self serving, MOSTLY and by most i mean about 90% of the global population. so you have people who cannot afford to buy food, because they are having cbdc, and their money got turned off, expired, or they went outside of their 15 minute city, or they lost too many social credit points , or what have you. and they need bitcoin to buy food and pay rent? how is this fair or even possibly imaginable, in anyones wildest dreams? it simply wouldn't take. they'd be rioting in the streets, for bitcoin to increase the market cap, so they could have a chance at having some money. even with all the halving, which just eventually brings it mathematically close to error divide by zero, there still wouldn't be enough to satisfy global liquidity needs, based on how people currently live.
where i'm going with this, is while bitcoin is a nice idea, and has a lot of cool things about it, i dont think in my wildest dreams as its presently configured, that it would *ever* satisfy the requirements for a global currency.
not today, not tomorrow, not next year. simply put, never.
and i do realize most of the things i mentioned above are largely left -out- of all the popular hype and books and stuff, unless i've missed these details.
thoughts welcome.
that was interesting and here is my main thought about it:
the thing is, as best as i currently understand, bitcoin only goes up for two reasons:
people buy more of it, or, there's an increased demand for it.
but my main problems with this, are as follows
- cbdc is emminent, and when that occurs it will change a lot. stay with me a sec.
- when people globally "hypothetically" want to use bitcoin, but cant get any, how does that help any of them? are we hypothesizing that the entire world, is just going to use whatever liuidity is in the lightning network. and adjust the price of everything, based on an ever changing metric of how many scraps are in the digital bucket?
-are we to assume that bitcoin will only be valuable because if the holders of it are the only ones who can get it, in a post cbdc economy, this somehow makes the people holding it more useful, or more valuable somehow?
-on the last point, i would argue that it doesn't make those people more useful, primarily because human nature is such that people are greedy, and only self serving, MOSTLY and by most i mean about 90% of the global population. so you have people who cannot afford to buy food, because they are having cbdc, and their money got turned off, expired, or they went outside of their 15 minute city, or they lost too many social credit points , or what have you. and they need bitcoin to buy food and pay rent? how is this fair or even possibly imaginable, in anyones wildest dreams? it simply wouldn't take. they'd be rioting in the streets, for bitcoin to increase the market cap, so they could have a chance at having some money. even with all the halving, which just eventually brings it mathematically close to error divide by zero, there still wouldn't be enough to satisfy global liquidity needs, based on how people currently live.
where i'm going with this, is while bitcoin is a nice idea, and has a lot of cool things about it, i dont think in my wildest dreams as its presently configured, that it would *ever* satisfy the requirements for a global currency.
not today, not tomorrow, not next year. simply put, never.
and i do realize most of the things i mentioned above are largely left -out- of all the popular hype and books and stuff, unless i've missed these details.
thoughts welcome.
what i dont like about it is the sheer entitlement of most of the userbase. that and they all schilled for the ukraine war without understanding what was actually going on, among other things.
not specifically. what is your job though? the goal of ai is to get a demon into every body.
I sincerely hate reddit. But I hope you're having a nice evening. :) How are you?
some of the people that think they're being gangstalked actually are. That's a whole different topic. I'm not one of them, though. Fortunately.
What makes something real? Empirical evidence? Belief? Subjective evidence? It is different for every person.
I've been this way my whole life, even before I knew what it was. It's real.
may you be blessed by our heavenly father.
The skinny on that:
People are starting to be spoonfed the true notion that the bank does not actually have any money in it.
my reasoning is to make my life more enjoyable. I've always been electromagnetically sensitive. When the iPhone came out, I could feel the data in my wrist. That's a really uncomfortable sensation, if you've never felt it before.
As a small kid, If you turned a TV on in a room, even if it was on the other floor of the house, I could hear the high pitched wine of the flyback transformer. Even with the TV muted entirely, or volume at 0.
I would never suggest a thing like that. I will say that people are starting to tear down 5g towers, though.
I haven't used wifi for years.
The falloff rate of the power envelope is very localized to the receiving device. IE, the phone or laptop draws and attenuates the signal strength TO the device.
I'm way happier using ethernet anyway, it's much faster. Never liked wireless. Tried to get into it for years, but never found it reliable for moving large files around, and so on.
ding ding ding. Yes. That's why The GE Range Oven, and other stuff like that which eventually became the magnetron, operate at roughly 2.4ghz.
They convert water molecules into heat.
Now it gets weirder when you factor in that vaccinated people are also radio receptive to the graphene oxide, in the shots.
Or so to say, "The plot, thickens."
That's cool about that study.
A few years ago, I almost built a modified rife type machine with a plasma tube, and was going to hook it up to a signal generator.
must be a smartphone problem. or are you on your laptop? my screenshot was from notifications.
https://nostrgram.co/?build=626#notifications:allNotifications
I’m going to watch the first 20 min of this and the rest tomorrow. This is getting to scary to fast.
yeah its a pretty serious video. but worth understanding.
PS- Zee, just like Stu Peters and all the other real talkative figureheads, are all controlled opposition. They're all part of the club.
But the data in the video, is accurate and relevant.