eric_cc

I want to add emphasis that we Should be nice to each other!

Re-read my comment and felt it lacked that important point.

The complete bullish thesis is still in tact. In fact, the thesis is as strong as it ever has been. Nothing has changed but the price.

> as a cis white dude

Speaking like this reveals that you are part of the subculture obsessed with gender identity. If you talked this way to me at work, I certainly would not want to associate with you. I do not go to work for exposure to this type of non-sense.

Yes. As long as said person does not bother them at work.

Violence or threat of violence at the workplace should not be tolerated regardless of motive.

> I don't make 12 trips a day to stores/friends/whatever when I can just make one or two

Forget gas: This type behavior is a waste of time! The most precious resource of all.

Even if

> billionaires should not exist at all

Hell no to

> a heavy wealth tax

The federal government is the last organization on earth that deserves more money.

> I suppose if a vast majority of Americans demanded a switch to BTC it could be done but if that was a real possibility it would be much easier to demand laws to stop the Fed instead of switching to a new currency.

Stopping the fed would certainly be a great start. But we still need to switch currencies to one that cannot be created or controlled by the government.

Whether bitcoin or something else, currency creation schedule should be damn near immutable, predictable, and the protocol should be ossified.

A currency that is unpredictable and can be created whenever the government pleases is unacceptable.

Correct. What’s your point?

ApplePay is not a currency.

Yes here is an example happening in real-time: https://www.japantimes.co.jp/news/2022/06/13/business/yen-13...

I suspect it’s going to be a domino effect that gets much much worse..

So USD’s value comes from authority, force and violence. We accept the USD because of the USA’s army, bombs, etc.

We accept the fed and central banks and money printing. We accept the rigged point system.

And how long is this sustainable before people have had enough? We now have an alternative. There is no bitcoin print button to bail out Washington at the expense of the regular people.

Now this I totally agree with. BTC only realizes its true potential when it replaces the dollar. It may have some more boom/bust cycles to go before it gets there but it’s the top contender to do so.

> It seems like as time goes on crypto becomes less useful rather than more as a general utility for buying stuff.

I said: Bitcoin. Not crypto.

(The longer I’m in this space, the more I realize that scammy crypto is one of the biggest enemies of bitcoin adoption.)

It may seem this way to you but you’re clearly not paying enough attention. Adoption curve is up. Many advancements have been and continue to be made on the front of consumer products. Let’s face it, companies like Square will drive mainstream usage. Consumer products will only get better and better and over time will be on par with products that use the dollar under the hood.

I didn’t mean to suggest 8 years was required and only arbitrarily picked 2030 as a round number.

I suspect that Apple, Google, visa, MC, and PayPal will continue to build bitcoin into their product.

Bitcoin does not compete at all with these companies. Just like the US dollar is not a competitor to Apple, visa, etc. these are products that incorporate currencies.

This is shortsighted and won’t age well. Consider the world in 2030. Another 8 years of advancements into bitcoin infrastructure, point of sale devices, mobile wallet integrations, etc

Plus failed central banks, failed paper currencies, etc

Why does the paper dollar have buying power? What justifies its value?

> The answer is nothing. Since there's no measurable intrinsic value, there's zero fundamental factor limiting the downside

How do you know? You can't deduce this from one post.

> There's no evidence they lied. Why should we assume it, because Musk wants to back-out on his offer?

Why should we trust that they are being honest?

> a man baby

> It would be easy given his resources (publicist, etc.) I don't have those same resources.

How did he get those resources? Start there. Do what he did to get those resources..

Or don't. Just post online like a hater instead.

> In my country a company is seen as a team effort.

What country?

> With masks though people wearing masks didn't at all affect the people not wearing them.

People didn't just choose to peacefully wear masks though. There was a large militant group that pushed for mandates to force everybody else to also wear masks.

> The wifi fridge isn't going to hurt you.

Do you have a source? Proof that it is not a security concern?

I’m not going defend Musk the human being. Maybe he is a total a creep? I don’t know him.

But this case you’re citing here is unproven and seems like a political hit.

Well for one: They have had a monopoly over twitter censorship and feel threatened by this disruption.

> I can use it to buy drugs, guns, child porn and other important commodities.

> Are my examples[0][1][2] not documented uses for Bitcoin?

The exact same thing can be said about literally every currency in use today.

> illegal stuff is what most of us would likely use Bitcoin for.

> would likely

You are full of shit. Since you love citing sources, please provide the source that proves this claim ^.

> that it bothers you says more about you than it does about me

You are spreading misinformation in the worst way - mindlessly parroting trolls and deceitful politicians.

> Bigot? How do you get there?

Did you not state that the only legit use of bitcoin is criminal activity? Does that not insinuate that bitcoiners are a bunch of no-good criminals and/or gamblers? That's pretty in line with bigotry. "They're all a bunch of criminals" is the same behavior you see from a lot of other groups of bigots.

> angry reaction to factual statements

Not angry.

Let me state some facts: The absolute most disgusting criminals in the world 1) Breathe oxygen 2) Drink water 3) Use cell phones 4) Use websites

Does this imply that oxygen, water, cell phones, and websites are only useful for criminals?

Polkadot is actually a layer 0 and does not have smart contracts. Parachains, like Moonbeam, are your layer-1's that provide smart contracts.

Avalanche is also layer 0.

Are you serious? You sound like a parody.. a parrot of the false political attacks on bitcoin. Are you literally an ignorant bigot or a troll?

> Are cryptocurrencies a real danger to regular currencies?

Yes, absolutely.

> Are NFTs a real danger to tangible items? Are DAOs a real danger to actual corporations?

Agree on these - hard no.

Source?

>If you invested near the dot com peak

If you went all-in.. had no money in before and never invested after. Sure..

Why is this being upvoted? There are no details here whatsoever.