Bitcoin....who's gotten into it?

[stalefish3169]

You guys need some more Saylor learnings, like Bill does.

https://x.com/saylor/status/17665823...q6FbK9scg&s=09

[mud]

Yeah fuck fresh water and stabilizing democracy’s. The billionaires that pump and dump BTC will save Africa.

[mud]

I'm not even gonna start on sh!tcoins, proof of stake, proof of history, what a joke.

Don’t worry, nobody’s signing up for your financial advice.

[Harry]

I'm not going to argue everything you slung up on the wall there, but coal in Texas really? Doubtful, but maybe something else will stick.

Texas burns more coal than any other state in the nation.

https://www.eia.gov/state/analysis.php?sid=TX




Sent from my island using TGR Forums

[jackstraw]

I'm not even gonna start on sh!tcoins, proof of stake, proof of history, what a joke.

Oh, so it's Bitcoin or no coin in your mind? What value does Bitcoin bring to the American society as a whole? Or is this a job and a means for you to earn a living? If so, I get it. We all gotta eat.

[byates1]

Just look at the joy of this thread over the years. That alone is a great value of BTC...

[shera]

I wonder if we'll be seeing more headlines like this in the coming years:
Bitcoin's record-breaking run could postpone Fed rate cuts, JPMorgan says

I appreciate the reasonable (mostly) energy discussion, thanks especially to MultiVerse. My grandson is coming today for his first week of skiing, maybe you can imagine my level of elation.

[stalefish3169]

Oh, so it's Bitcoin or no coin in your mind? What value does Bitcoin bring to the American society as a whole? Or is this a job and a means for you to earn a living? If so, I get it. We all gotta eat.

It brings freedom. Some people in here forget what this nation was founded upon and need someone to tell them what to think and do.

[stalefish3169]

I wonder if we'll be seeing more headlines like this in the coming years:
Bitcoin's record-breaking run could postpone Fed rate cuts, JPMorgan says

I appreciate the reasonable (mostly) energy discussion, thanks especially to MultiVerse. My grandson is coming today for his first week of skiing, maybe you can imagine my level of elation.

That sounds like fun! Hope you all get some good turns and family time.

[J. Barron DeJong]

It brings freedom. Some people in here forget what this nation was founded upon and need someone to tell them what to think and do.

Hahaha. Ok, dude.

[Foggy_Goggles]

It brings freedom. Some people in here forget what this nation was founded upon and need someone to tell them what to think and do.

I'll be here all day. Do you mean individual financial freedom from having more money or more like the whole nation is more free because we are developing an alternative to the dollar?

I understand it a bit because we should all be empowered by our assets. Many of those that are grinding with little financial hope often don't feel free. But does holding make you feel free or do you need to liquidate?

If the later, I'm lost. As someone who doesn't own any BTC, how does it make me or collectively all of us sceptics for free?

And this is coming from someone that thinks about and values freedom everyday. I attempt to be under no one's thumb, do what I want when I want and view absolutely everything as a choice.

[jackstraw]

Just look at the joy of this thread over the years. That alone is a great value of BTC...

[emoji16]

It brings freedom. Some people in here forget what this nation was founded upon and need someone to tell them what to think and do.

That isn't an answer. If you live in the U.S. you are indeed free to do as you please within the law.

Shera is clearly avoiding this question and you're not answering honestly.

That speaks volumes to the critics in here. Maybe you're not being honest with yourselves.

[shera]

I'm not avoiding, rather busy although sometimes not interested in the question.

It's not my job to persuade or whatever. I'm just shooting the breeze and chatting about what interests me, sorry if that doesn't work for everyone.

[Foggy_Goggles]

ohh....is it freedom at all valuations or only under "too the moon" circumstances?

[jackstraw]

No, that's fine you have an interest in it, but based on your responses in this thread there appears to be a passionate interest. Maybe you enjoy the mining aspect of it? Or that it's newish and unregulated? Maybe it will help 3rd world corrupt countries somehow?

My thoughts are that the power consumption is not offset by contributing to the needs of a society. We all know that the US is a power consumption society, but most of that brings some value to X multiples of people. I'm just searching for Bitcoins value, specifically in the US, to offset the power consumption.

My father was in the oil business his entire career. It provided food and shelter, but he was well aware of the harm it produced, but as a society, it's what we need and still do. But it's regulated and has been getting better, and cleaner (hopefully!) as the years have gone by.

I just think Bitcoin needs to look at ways to be less harmful to the environment or create more value to our society as a whole.

[Bunion 2020]

It brings freedom. Some people in here forget what this nation was founded upon and need someone to tell them what to think and do.

[stalefish3169]

ohh....is it freedom at all valuations or only under "too the moon" circumstances?

[emoji16]That isn't an answer. If you live in the U.S. you are indeed free to do as you please within the law.

Shera is clearly avoiding this question and you're not answering honestly.

That speaks volumes to the critics in here. Maybe you're not being honest with yourselves.

Yeah, but the government is corrupt as fuck. Pelosi and others laugh in our faces as they insider trade. Yet I am blocked from buying all kinds of stuff I want to buy.

You call me insincere. Just admit that you got yours and your entire retirement is about wealth preservation and no real change in the status quo. In other words, fuck the youth as long as you're comfortable. That's why you hate Bitcoin.

[JimmyCarter]

Pelosi and others laugh in our faces as they insider trade. Yet I am blocked from buying all kinds of stuff I want to buy..

Like what?

[bennymac]

I don’t hate the band - it’s their fans I can’t stand.

[JimmyCarter]

69420

[Foggy_Goggles]

Yeah, but the government is corrupt as fuck. Pelosi and others laugh in our faces as they insider trade. Yet I am blocked from buying all kinds of stuff I want to buy.

Agree with the first part. Don't understand the second part. A sucks so B is awesome logic doesn't work for me.

Just admit that you got yours and your entire retirement is about wealth preservation and no real change in the status quo. In other words, fuck the youth as long as you're comfortable. That's why you hate Bitcoin.

Doesn't describe me for a few reasons. 1. I'm not financially set for retirement, I've got a long way to go. 2. I have bit issues with the status quo. I'm pretty vocal about it on the record in public meeting on local issues. 3. I don't hate Bitcoin. I'm just to dumb to understand what it is doing to fix anything.

[stalefish3169]

Like what?

Well, all kinds of things. Many crypto currencies are blocked from US users to "protect investors." Meanwhile, people can buy as many lottery tickets as they want. Additionally, accredited investor laws are complete bullshit and exacerbate wealth inequality.

Lots more on BTC being about freedom in here. https://www.youtube.com/watch?v=KOe7s4Lm3NM

[byates1]

Well now we're blasting off for real. 100? Pullback?

BTC FTW

[CarlMega]

Many crypto currencies are blocked from US users to "protect investors." Meanwhile, people can buy as many lottery tickets as they want. ]

Terrible reasoning. Gaming is tightly regulated; you can't just buy lottery chances from anyone. Illicit gambling like that is called running 'numbers'. Amongst the reasons gambling is controlled is to be sure the odds are legit & not fixed and it's not just a scheme for laundering money. So on that front, it's basically the same mindset on dodgy coins and other hacky cryptoschemes - zero transparency to their legitimacy or intent.

Further, the argument and example that BTC allows you to make purchases you couldn't in USD is absurd; you're literally saying you want to use it to buy illegal crypto and it's advantage is you can conceal your illegal purchases. Do you hear yourself?

[Foggy_Goggles]

I actually don't think that's what he's talking about. More like this https://www.sec.gov/education/capita...dited-investor and 144a

I'm not sure about Cryptos you can't buy/own in the US?

But to me, its a bit circular. A electronic market looks a like Trad Fi to me. So if big picture "I should be able to buy, sell, own, broker, market whatever the fuck I want", just come with that. Publicly traded financial assets are just a small part of that.

But there is a big difference between no regulation and the existing regulations perpetuating wealth inequality. The structural roadblocks to eroding wealth inequality are numerous. Is crypto owned and are the winnings associated with the lessor wealth or is it just the exact same wealthy elite pitching that stimulate the bid that keeps them keeping on?

I have no idea.