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Nonsense. Putting trust in monetary policy founded upon mathematics and physics (Bitcoin) is hardly religious. Putting trust in a monetary policy founded upon
by survirtual 4y ago
Nonsense.
Putting trust in monetary policy founded upon mathematics and physics (Bitcoin) is hardly religious.
Putting trust in a monetary policy founded upon a bankers ballsack (USD) most definitely is, however.
Bitcoin crystallizes energy / work into value in a mathematically predictable way, that is fully auditable, with no humans able to manipulate minting to their own benefit. You put in the work and crystallize value and gain, or you don’t and gain nothing. It doesn’t matter to the protocol.
What you can’t do is manipulate public sentiment with wars, crisis, and corporate influence to control the monetary supply and policy. You can’t install your little buddies into privately owned “Federal Reserve Banks” which somehow have managed to control the monetary system without being elected or directly accountable to the public.
And this is just scratching the surface of the lunacy of legacy systems.
Who are the real cultists? Those born into a system of servitude following the charismatic allure of leaders and the rigidity of traditions with USD? A system of censorship, centralized unaccountable, unsupervised, unauditable, “trust me bro” mechanics?
Or those who, painfully, broke free of the populace and placed their trust and confidence in value bound to mathematics and physics?
The first step to seeing reality is you gotta take your head out of the sand.
- SideburnsOfDoom 4y agoHallelujah brother! preach! /s
- survirtual 4y agoI hope that someday you are able to escape the confines of your limits and servitude. There is a vast universe beyond this tiny spec of dust called Earth.
- SideburnsOfDoom 4y ago> There is a vast universe beyond this tiny spec of dust called Earth. And you say that this celestial sphere is full of space cryptocurrency?
- survirtual 4y agoI’m going to piggyback some thoughtfulness on your absurdity. I hope you don’t mind. The only place in the universe where you can get bitcoin is on Earth…I wonder if there are any other assets that can make that claim? Perhaps most other cryptos — but bitcoin was the first, so it has scarcity and historical significance, making it, at a minimum, a valuable collectible. Life, maybe. But not gold, platinum, or any other scarce atoms. And in the entire universe, 21 million is the cap for bitcoin. Whether it works as anything else, there is no denying it is an extremely scarce asset in a possibly infinite universe. And it is a scarce asset whose ownership can change at the speed of light, without any but the two involved parties deciding whether or not it happens, from anywhere within 15 light-minutes. Think about it.
- SideburnsOfDoom 4y agoPseudo-mystical nonsense. Grandparent poster is proved 100% correct.
- survirtual 4y agoSome might even say 110%, but my grandparents are gone now so I can’t ask them to be sure. Now excuse me while I ride my unicorn to magical lands beyond the veil of time, where constraints like the speed of light and gravity don’t apply.
- haswell 4y ago> The only place in the universe where you can get bitcoin is on Earth The only place you can get the US Dollar is on Earth. The only place you can get Beanie Babies, Hummels, Pogs, <pick-your-fad> is on Earth. As a standalone argument, this carries no weight. > so it has scarcity and historical significance, making it, at a minimum, a valuable collectible A collectible, sure, for people who care to collect it. Whether or not it's valuable will be determined by the market, not just blind belief that the value is there. Throughout history, civilizations have found any number of things to act as a proxy for value. Pebbles, seashells, necklaces, pieces of metal, glass, and so on. But in order for such inanimate items to hold value, everyone must agree that they're valuable. The current upheavals in crypto are certainly calling this into question for everyone involved, especially those who have lost their life savings on shiny pebbles.