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MindMining
e967e1cf7d140c0d06241e992280641a5791cf586cacde0cbb70484ffe6077e2
Bitcoiner Hobby Farmer Freedom Absolutist Voluntarian #NostrOnly

Very cool, thank you ;)

The block reward price in bitcoin is halved.

With that the speed of issuence of new bitcoin is halved.

With that bitcoin's percentage of inflation is halved.

1 BTC = 1 BTC, in the end there is no other price

There is no #Fiat in #Bitcoin

Heavy cases of cognitive dissonance won't be solved with more proof... The ney sayers will just become louder, will say you are a conspiracy theorist, try to de-platform you, and go on with their silly and sad little lives pursuing lies or half-truths (also lies)

Would these people have issues with software in general?

Clearly not the ones making use of software (app) to let you know (social media) via the internet (protocols) that #Bitcoin (protocol) has no utility.

Do ledgers have no utility? (Every money system)

Does weight of the numbers on the ledger increase utility? (Gold)

Do the people complaining about Bitcoin's utility have utility?

Most people you refer to have never suffered a difficult time, else they would know perfectly what is (more) important and what is therefore nonsensical to focus on or argue about.

People with the time to argue clearly have too much time on their hands and not much useful to do with those hands as well....

Replying to Avatar HODL

A story that illustrates why I will never orange pill anyone ever again.

2015- Attempt to orange pill friend multiple times. No dice. Totally uninterested.

2019- He asks me if now is a good time to get into bitcoin. “It’s always a good time”. I set him up with a HW wallet and tell him DCA and chill.

2019- Friend calls me a few months later, he wants to put the down payment money for his house into bitcoin, but he’s nervous. I say no worries I will backstop your investment. What’re friends for?! I want you to succeed. He now has a no risk investment. Financed by me.

2020: Friend is doing well. Has been stacking hard and has 2 coins. A great stack for his income.

2021: He starts watching cringey YouTube videos about shitcoin trading. Gets into a private telegram, trades his 2 bitcoin into 4 and then gets rug pulled and loses everything.

2021: He’s near suicidal, very dark times. He doesn’t tell me anything because he knows I warned him about trading and thinks I’ll be disappointed in him. Finally he tells me. I help him get a personal loan so he can take advantage of the remainder of the bull run. He sells at 55k and manages to break even. He’s not up but he’s got his house money back.

2023: We’re out drinking with some other friends from high school. He expresses some jealousy towards me in a semi awkward fashion. “Every time I see this dude (me) I think about bitcoin.”

2024: I meet up with him so the kids can play at the park. Vibe is off. Lots of insecurity and tension. They’re going on a trip to San Diego and I ask if they might go to the zoo while there. “I can’t afford that. That’s for rich people like you”. Odd interaction, but I shake it off.

2024: A few weeks later he gets drunk and hits on my wife via text messages. She shows me immediately and I confront him. He’s like “sorry bro I was drunk I didn’t mean it”. I tell him off and make clear this is the last time we will ever speak.

No good deed goes unpunished. I could not have been nicer to this dude and more helpful along the way and he is fully consumed by envy towards me.

Unfortunate.

This may be more common than you think.

A friend who is not willing to put in the work, will not be helped by you putting in the work for him.

It will just result in exposing a lame person who assumes he's entitled to the good things in life.

This friend was never a friend with mutual moral values, so it's doubtful he was even truely your friend.

Its a good relationship test, but a hard pill to swallow when you meet people like this.

Thank you for your words though

Yes. Same as a "good" tool can be used for "bad" purposes.

The more a car is improved, the better it can be used to run people over.

Unintended consequences

If it's a good trade, it doesn't matter.

People just want a regular sucky job and barely make the money they need to get through the month. Because it's the way they have been told. Because it just...can't...be...this...easy....as...you...say...

It's this cognitive dissonance and bias to whatever they heard/learned/familiarized with first.

A reason for people leaving the left could be that for once they would like to be right

Almost the same I spent on a watch in 2017, because why the hell not? I am still glad I bought it since it marked a milestone, but looking back still hurts when you convert the bitcoin to fiat 😅

Well, it's a great thing you keep track of your guacamole addiction