Comments on the "Bitcoin Black Paper" (Why Bitcoin is Worth Exactly 0)

Discussion in 'Crypto Assets' started by The_Krakenite, May 5, 2022.

  1. Trader Curt

    Trader Curt

    Please...

    Stop it...
     
    #51     May 7, 2022
    johnarb likes this.
  2. johnarb

    johnarb

    Cognitive Dissonance

    The USA banning Bitcoin is 2013 fud. Why anyone would use this fud now is a big question?

    Bitcoin critic "Oh... I own some bitcoin"

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    • JP Morgan, Morgan Stanley, Fidelity, Goldman Sachs are selling Bitcoins to their HNW clients
    • The US has Bitcoin futures and Bitcoin futures ETF's
    • Tesla and a bunch of US corporations own billions of $ worth of Bitcoins
    • PayPal, Mastercard, Visa and over 1000 US banks have integrated and supported Bitcoin
    • Chinese Bitcoin miners moved to the US from China

    but wait.... The US cannot let Bitcoin go on because they cannot control it??

     
    #52     May 7, 2022
  3. VicBee

    VicBee

    You misread me. The US has already decided to let BTC go on precisely because they've figured out how to retain oversight of transactions, likely from both technical and legal means.
    What I'm saying is those who, for political or financial reasons, want and expect BTC to evolve outside government controls will be sorely disappointed.
     
    #53     May 7, 2022
  4. johnarb

    johnarb

    There are people who are brain-dead, cucks for government and will accept everything the government tells them to do without question or pushing back

    When government agents make a move against them, they are unprepared and bend over and take it since they have no choice

    All of their assets and financial well-being and their entire lives are dependent on the government

    These people should look into the history of how the jews were cornered into submission by small but continually escalating government actions

    The government says give up your guns and then covid hits, people in Aus... and Can... are all helpless at the abuses they have to endure from the government

    The government says we'll print trillions of fiat currencies and make the rich even richer and the poor even poorer, and the people above accept that their hard-earned income have been devalued, i.e. Turkey, Lebanon, Peru, Argentina, etc

    The whole world suffers, the citizens of the US less so

    • The Bitcoiners prefer optionality

    We now have Bitcoin as money we can truly own and is globally accepted store of value. Bitcoin is money and store of value that cannot be debased by any government

    The US is a great place for Bitcoiners and we enjoy the benefits of Bitcoin's acceptance in the US financial system

    There is no need to revolt against the US system that is supportive of Bitcoin and crypto assets. The current administration is very supportive of Bitcoin and crypto assets

    No need to suggest an uprising from Bitcoin supporters when there is no evidence of such. Period
     
    #54     May 7, 2022
  5. VicBee

    VicBee

    Some people believe in democracy. You know, every so often you vote for elected representatives accountable to you, through your vote. You may not always get the person you want, but that's the jist of the electoral process.
    For some, BTC promises to be that idealist place, a little bubble of protected funds out of the hands of evil government that wants to tax it or take it all. The problem is your anarchist or libertarian inclinations also suit narco traffickers, prostitution rings, arms dealers, corrupt government officials and corporate thieves quite well and they're willing to put their money where your mouth is.
     
    #55     May 7, 2022
    Frederick Foresight likes this.
  6. johnarb

    johnarb

    Wasn't HItler voted into power? Polpot? Trudeau? Xi? Macron?

    If a Canadian put all the lifesavings and net worth to Bitcoin, can escape that hellish place to the US

    That's what Bitcoin offers, an option to escape, but the option does not have to be exercised. it's a choice
     
    Last edited: May 7, 2022
    #56     May 7, 2022
  7. VicBee

    VicBee

    Suggesting that Macron or Trudeau are of the same political inclination as Hitler or Pol Pot says more about your distorted understanding of politics than theirs. The latter 2 were elected then dispensed with the election process btw.

    Canada hellish place? Why? If you're Canadian, can you not vote at the next election round? You're again showing your libertarian/anarchist vision because your electoral choice doesn't get elected. Besides, you're not answering the fundamental issue with the possible financial backers of BTC and others.
     
    #57     May 7, 2022
  8. johnarb

    johnarb

    I'm only 1 person and my political views have very little impact. I'm from the US and President Biden is our president

    The Biden Administration has been the best administration for Bitcoin and crypto assets. My whole family will be voting for him on the next election

    We do not forget the Trump Administration actions against Bitcoin and Mnuchin's "fuck you bill" as he was leaving... It made us consider leaving the US, that's how bad it was

    --------------

    I forgot to mention Putin was also voted in as well as Zellenskyy

    You forgot to mention Xi as an exclusion, VicBee, so you must consider Xi as the same as the first 2? Careful, your handlers may be watching what you post

    For the record, I like President Xi, he's a cool, level headed, strong leader who's a visionary always looking ahead into the future and what's best for China. I just don't want to be living in China or under Chinese rules

    ------------

    Re: Canada





     
    #58     May 7, 2022
  9. Please do not put that Canadian Trudeau into the same ranks of that Austrian called Hitler. This would be an insult to Hitler.

    You are attempting to claim that Trudeau has possibly done something useful, regardless of his faults.
     
    #59     May 7, 2022
    johnarb likes this.
  10. VicBee

    VicBee

    You keep throwing nonsense on a regular basis and answering you is almost a waste of time. Trudeau was elected and will run again, something that Hitler never did. That doesn't even address the shameful respect you seem to give the nazi fk.
     
    #60     May 7, 2022