4 ms·

Yes it is a bit like that except that bitcoin's importance is based on time-proven monetary theory and game theory, rather than make believe. It certainly is se

by npoc 3y ago

Yes it is a bit like that except that bitcoin's importance is based on time-proven monetary theory and game theory, rather than make believe. It certainly is self-organising, but it's not a scam. Unfortunately you likely won't figure out why until after another couple of halving epochs.

smoldesu 3y ago
> except that bitcoin's importance is based on time-proven monetary theory and game theory, rather than make believe. "Except that our sect of Christianity is proven by Mary Magdalene and early theological scholars, rather than make believe."
- npoc 3y ago
  If you see the bible and other religious texts as comparable theory to science, then I'll have to increase my estimate to 4 halving epochs
  - smoldesu 3y ago
    How many lifetimes do you have to spend on HODLing? Because if me and the other commentor are willing to compare Bitcoin to religion, imagine how hostile the regular public will be towards it. You know, the people who were warned for years to not use unmediated currency because it wildly increases the risk of scamming? Your initial claim that Bitcoin is not cryptocurrency is obvious bullshit that would rightfully have you laughed out of any properly scientific establishment. You have not produced any evidence to disprove that and are instead quibbling with the other commenter about the nature of their insult. Dust yourself off, find a new hobby like model trains or science fiction. Being the Ayn Rand of computer economics will routinely end with your funeral being empty and everyone remembering you as a greedy crook. Case-in-point: Elon Musk.
    - npoc 3y ago
      Until you learn what money really is, you'll have no hope of understanding bitcoin. Bitcoin doesn't need you, you need bitcoin, but your attitude gives me zero motivation to help you understand further - I've got way better things to do with my time, like stacking more bitcoin.
      - smoldesu 3y ago
        English translation (for non-crypto owners): > Until you learn what money really is Until you agree with me unconditionally, > you'll have no hope of understanding bitcoin. You'll see straight through the scam of unregulated currency. > Bitcoin doesn't need you, you need bitcoin, You don't need Bitcoin, but Bitcoin holders need your fiat. > but your attitude gives me zero motivation to help you understand further - Explaining myself fully or discussing this in detail would prove that I am lying, > I've got way better things to do with my time, like stacking more bitcoin. So now I will pretend like my quality-of-life wasn't so bad that I felt obligated to defend Bitcoin online for free in the first place. I really hope you do have better things to do with your time. It would bum me out if the Jordan Belfort of Bitcoin spent his free time trying to convince the tech industry he's a principled investor. Alas...

by npoc 3y ago

smoldesu 3y ago

> except that bitcoin's importance is based on time-proven monetary theory and game theory, rather than make believe. "Except that our sect of Christianity is proven by Mary Magdalene and early theological scholars, rather than make believe."

npoc 3y ago
If you see the bible and other religious texts as comparable theory to science, then I'll have to increase my estimate to 4 halving epochs
- smoldesu 3y ago
  How many lifetimes do you have to spend on HODLing? Because if me and the other commentor are willing to compare Bitcoin to religion, imagine how hostile the regular public will be towards it. You know, the people who were warned for years to not use unmediated currency because it wildly increases the risk of scamming? Your initial claim that Bitcoin is not cryptocurrency is obvious bullshit that would rightfully have you laughed out of any properly scientific establishment. You have not produced any evidence to disprove that and are instead quibbling with the other commenter about the nature of their insult. Dust yourself off, find a new hobby like model trains or science fiction. Being the Ayn Rand of computer economics will routinely end with your funeral being empty and everyone remembering you as a greedy crook. Case-in-point: Elon Musk.
  - npoc 3y ago
    Until you learn what money really is, you'll have no hope of understanding bitcoin. Bitcoin doesn't need you, you need bitcoin, but your attitude gives me zero motivation to help you understand further - I've got way better things to do with my time, like stacking more bitcoin.
    - smoldesu 3y ago
      English translation (for non-crypto owners): > Until you learn what money really is Until you agree with me unconditionally, > you'll have no hope of understanding bitcoin. You'll see straight through the scam of unregulated currency. > Bitcoin doesn't need you, you need bitcoin, You don't need Bitcoin, but Bitcoin holders need your fiat. > but your attitude gives me zero motivation to help you understand further - Explaining myself fully or discussing this in detail would prove that I am lying, > I've got way better things to do with my time, like stacking more bitcoin. So now I will pretend like my quality-of-life wasn't so bad that I felt obligated to defend Bitcoin online for free in the first place. I really hope you do have better things to do with your time. It would bum me out if the Jordan Belfort of Bitcoin spent his free time trying to convince the tech industry he's a principled investor. Alas...