4 ms·

Yeah, I feel like "your 4-figures investment will eventually start growing again after years (unless the bubble pops for good)" isn't what people are thinking o

Yeah, I feel like "your 4-figures investment will eventually start growing again after years (unless the bubble pops for good)" isn't what people are thinking of when they hear about bringing stable banking to impoverished countries.

npoc 3y ago
“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” ― Satoshi Nakamoto
- PoignardAzur 3y ago
  Yeah, "I'm too important to lower myself to debate with you" doesn't really inspire confidence in the whole bringing-stable-banking-to-impoverished-countries agenda either, sorry. I do love that your response to a fairly mild objection was "oh no, we don't allow critical thought unless you already agree with us". That attitude sure seems like a microcosm of the ecosystem, hence why it's so filled with naked scams and people running with the money.
  - npoc 3y ago
    No self importance. You called it a bubble, but the subject is simply so broad and deep that I won't be able to convince you otherwise in the comments section of a forum. For most people it involves turning their world view on its head. If you're truly interested in understanding, listen to the full "What is money: Saylor series" by Robert Breedlove, which is a good introduction. https://www.youtube.com/playlist?list=PL2jAZ0x9H0bQFY6wIbQfnrnIlqMcSHd6X https://www.youtube.com/playlist?list=PL2jAZ0x9H0bQFY6wIbQfn...
    - PoignardAzur 3y ago
      Fine, remove the "bubble" part. The idea that bitcoin is fine if you can afford to not touch your savings for a few years is incompatible with the idea it's a viable alternative to national currencies in unstable countries.
      - npoc 3y ago
        I was countering the idea that just because it's value fluctuates in the short/medium-term (natural for anything growing in value) doesn't prevent it from being an escape hatch from the continuous devaluation of fiat across the world. It absolutely is, _providing_ you are willing to store your wealth for at least 4 years (i.e. across a full halving cycle). I said nothing about it being a viable currency.

npoc 3y ago

“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” ― Satoshi Nakamoto

PoignardAzur 3y ago
Yeah, "I'm too important to lower myself to debate with you" doesn't really inspire confidence in the whole bringing-stable-banking-to-impoverished-countries agenda either, sorry. I do love that your response to a fairly mild objection was "oh no, we don't allow critical thought unless you already agree with us". That attitude sure seems like a microcosm of the ecosystem, hence why it's so filled with naked scams and people running with the money.
- npoc 3y ago
  No self importance. You called it a bubble, but the subject is simply so broad and deep that I won't be able to convince you otherwise in the comments section of a forum. For most people it involves turning their world view on its head. If you're truly interested in understanding, listen to the full "What is money: Saylor series" by Robert Breedlove, which is a good introduction. https://www.youtube.com/playlist?list=PL2jAZ0x9H0bQFY6wIbQfnrnIlqMcSHd6X https://www.youtube.com/playlist?list=PL2jAZ0x9H0bQFY6wIbQfn...
  - PoignardAzur 3y ago
    Fine, remove the "bubble" part. The idea that bitcoin is fine if you can afford to not touch your savings for a few years is incompatible with the idea it's a viable alternative to national currencies in unstable countries.
    - npoc 3y ago
      I was countering the idea that just because it's value fluctuates in the short/medium-term (natural for anything growing in value) doesn't prevent it from being an escape hatch from the continuous devaluation of fiat across the world. It absolutely is, _providing_ you are willing to store your wealth for at least 4 years (i.e. across a full halving cycle). I said nothing about it being a viable currency.