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eldenwrong

45 karma · joined April 2, 2022

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eldenwrong··on USDA ignoring the science on low-carb diets
Americans have been "listening" to their bodies for the past decades. Has it worked out for them?

This is terrible advice sir

eldenwrong··on Are blockchains decentralized?
And one Infura node to bind them all
eldenwrong··on Three Arrows Capital reportedly facing insolvency
So now taking your wealth with you is fraud or money laundering?
eldenwrong··on Bitcoin mining becomes unprofitable as BTC price falls to average cost of mining
That's because you don't understand how mining pools work
eldenwrong··on Bitcoin mining becomes unprofitable as BTC price falls to average cost of mining
I guess if you lived in Russia, Iran, Lebanon, Venezuela or Argentina you'd be licking gov boots all day right?
eldenwrong··on Bitcoin mining becomes unprofitable as BTC price falls to average cost of mining
So you cant trade labor or anything physical for bitcoin?
eldenwrong··on Three Arrows Capital reportedly facing insolvency
Explain to me how you can take your money out of Russia, Iran, Lebanon, Ukraine or Venezuela without Bitcoin. I'll wait
eldenwrong··on Ask HN: Why is Lex Fridman so successful with his “tech” podcasts?
He's a likeable human being, honest and operates in good faith.

Maybe that's hard to understand for some of the scum in this site.

His interview with Joscha Bach is amazing.

eldenwrong··on Cooperation among an anonymous group protected Bitcoin during failures
You can use a rock as a spoon but that just makes you retarded.
eldenwrong··on Largest airship built in United States since 1930s to take shape soon
No we are not running out. There's a lot, its just not profitable to mine.

Just like there is almost infinite gold in the earth

eldenwrong··on The Bitcoin Investment Thesis Is Broken
Love how you cherry pick timelines that suit your argument. Try being intellectually honest
eldenwrong··on The Bitcoin Investment Thesis Is Broken
Its literally not a pyramid scheme. You could call it a scam sure.

A pyramid scheme means that you use money from new investors to pay previous investors.

Thats not at all what happens with Bitcoin.

Bitcoin just trades like a commodity...

You can call it a bubble sure.

But its simply not a pyramid scheme

eldenwrong··on The Bitcoin Investment Thesis Is Broken
You are because you are doubling down on being wrong.

Tax collection is backed by force.

Try not paying your taxes and see what happens

eldenwrong··on The Bitcoin Investment Thesis Is Broken
And how do countries ensure debts get repayed when one doesn't want to pay?
eldenwrong··on Tether Withdrawals Top $10B
How much liquidity entered the financial markets since 2020....?
eldenwrong··on The Bitcoin Investment Thesis Is Broken
It is backed by force. How do you think you collect debts when people don't want to pay?
eldenwrong··on The Bitcoin Investment Thesis Is Broken
Google the definition not a fucking opinion. Jesus whenever Bitcoin is brought up we get a horde of midwits
eldenwrong··on The Bitcoin Investment Thesis Is Broken
Because bitcoin is simply not a pyramid scheme. It has been argued wrongly for over 10 years. Why not read the definition of what pyramid scheme is first? It would clear all doubts, yet people love to parrot dumb headlines
eldenwrong··on The Bitcoin Investment Thesis Is Broken
Lost value faster than any fiat currency? Classic privileged american who hasn't left his backyard
eldenwrong··on The Bitcoin Investment Thesis Is Broken
To engage in rational discourse one has to a at least put minimum effort in the topic
eldenwrong··on The Bitcoin Investment Thesis Is Broken
Love when IYIs make up random tests on short timeframe where Bitcoin constantly fails.

When stock market speculators entered like sheep into Bitcoin it was obvious that the correlation with the stock market would increase.

eldenwrong··on The Bitcoin Investment Thesis Is Broken
Its on the path to become a SoV. You don't get there on a straight line...
eldenwrong··on The Bitcoin Investment Thesis Is Broken
It's absolutely not. Go google the definition of a pyramid scheme
eldenwrong··on The problem with Bitcoin miners
Vitalik Buterin : stop all trading!! Reverse the chain!

Its okay if we control all the supply because we have it in the premine to our friends and they have the best interest in keeping Ethereum safe.

eldenwrong··on Luna Cryptocurrency Collapse: How UST Broke
Under the current system yes. People do need a savings technology. Not everyone should have to be a part time investor. Gold was that technology but it didn't survive the tech transition. Now we have Bitcoin trying to continue gold's mission.

If the currency was not inflationary, people saving would mean that everyone else's money becomes more valuable. You save first, then you invest. Not the other way around. Unless you want dumb money pilling in everything and creating mega bubbles that will burst and destroy everyone's value.

eldenwrong··on El Salvador expected to default as Bitcoin plummets
Yes, 8 USD each time. Do you actually know how often people send remittances? Sometimes every day

Do you see the problem or not?

eldenwrong··on The hyped and distorted claims of psychedelic marketing
Terrible article gasping at straws
eldenwrong··on Airbnb’s design to live and work anywhere
Almost all countries don't even have policies covering a lot of those scenarios and you'd probably win in court anyway

So you can't open your work laptop while on vacation?

You cannot always take the law literally....

eldenwrong··on Airbnb’s design to live and work anywhere
Makes sense. So everyone that works while traveling is doing so illegally

Oh wait

eldenwrong··on On anti-crypto toxicity
He contradicts himself multiple times and has an extremely shallow understanding of what money is/should be

People have been crying for more than 10 years that Bitcoin is bad because "volatility".

You can't help people not wanting to spend a few hours learning the basics

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