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eric_cc
searching PlanetScale…
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391.
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eric_cc
5y ago
Okay but the question was: what’s the bull case for $USD?
392.
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eric_cc
5y ago
Your “buy low sell high” take is pretty short-sighted. For many, it’s a change in currency from fiat to digital. You on-ramp in but you don’t back out into fiat. You're speaking about a subset of crypto traders that go right back to fi
393.
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eric_cc
5y ago
This advantage for $USD is already beginning to vanish. Assuming it does, are there any other reasons to be bullish $USD?
394.
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eric_cc
5y ago
This is a short term advantage that is quickly evaporating. There are crypto credit cards now that allow you to achieve the same effect. Assuming this advantage disappears, are there any other bull cases for $USD?
395.
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eric_cc
5y ago
How exactly is it luck to recognize the value in crypto and buy a bunch? Because that's not exactly luck. That's recognizing value and managing risk successfully. It's true that some people just FOMO into anything going up. B
396.
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eric_cc
5y ago
This. A lot of comments in here spewing hatred toward crypto seem to come from a psychological defense mechanism. People were wrong and decided not to move to crypto and are now doubling down on that position to feel better about their poor
397.
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eric_cc
5y ago
What if the biggest fool is you? That would be quite the karma.
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eric_cc
5y ago
> it affords you anonymity What? Bitcoin is radically transparent. The vast majority of crimes are committed with standard currencies like $USD. If 'crime' is the only value you see, you're extremely ignorant. What is the
399.
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eric_cc
5y ago
> the truth is that the vast amount of control that we've seen develop in the past century (and especially in the past two decades) were just to protect people from said muck. Think of the children! Do you really believe the vast am
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eric_cc
5y ago
> Perhaps you deem this a stupid question? Not sure from your comment. Still, we have to be able to ask stupid questions or we don't learn. Ok I agree here. > Well, what is it then? Banks connected to the political/governmen
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eric_cc
5y ago
> Why does banking have to be threatened? Is this a real question?
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eric_cc
5y ago
Hot take but I think you are incredibly wrong. Remember that Today show clip from the 90's where they laugh off this new Internet thing? That's you. Ignorance. https://www.youtube.com/watch?v=UlJku_CSyNg
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eric_cc
5y ago
What you perceive as the value you contribute to the world is the most important way of calculating self worth, is it not? If you felt like you contributed no value any more and were simply a resource drain you certainly would have a low se
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eric_cc
5y ago
Genuinely curious: Why is your reaction to that "WTF"? I think it's totally valid.
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eric_cc
5y ago
It's so weird to me how such a seemingly smart community (HN) can be so completely out of the loop with regards to one of the biggest sea changes to ever happen online. At least spend a week or two as a web 3 USER before you make your
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eric_cc
5y ago
Setup a MetaMask wallet. That's it! You don't even have to fund it in order to authenticate on web3 applications. MetaMask will allow you to authenticate on all the different chains that have EVM-based dapps including Ethereum, Fa
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eric_cc
5y ago
> y'know what'd surprise literally none of the poors if you told them? Because apparently all poor people all the same in your mind.
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eric_cc
5y ago
It’s true. Most of us have vices. Psychologically it’s more comfortable to make excuses up. But we are responsible for our own behavior.
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eric_cc
5y ago
It really is as simple as “eat less”. Input / Output. The obesity epidemic is complex but big factors include poor decision making, psychological issues, sugar sugar sugar. Still, at the end of the day it’s input / output. You can
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eric_cc
5y ago
How does the poster comparing two difficult life changes indicate a lack of compassion?
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eric_cc
5y ago
> it's really not actionable advice. It really is though. It is hard and requires discipline but it’s actionable.
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eric_cc
5y ago
> waste of resources Are you able to provide data comparing the footprint of NFT's to baseball cards, Magic the Gathering cards, paintings, etc? Do you even know what you're talking about? Or just regurgitating some talking poi
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eric_cc
5y ago
> Food is gone. Wow that’s a pretty big change! I need to give it a play now to see how it feels.
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eric_cc
5y ago
Real life is silly and also has permadeath ;)
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eric_cc
5y ago
My favorite traditional roguelike was Dungeon Crawl Stone Soup. I haven’t played it for a few years, however, so I don’t know about its current state. In recent years, I’ve played tons of Slay the Spire, some Monster Train, and most recentl
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eric_cc
5y ago
Nice try Mark!
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eric_cc
5y ago
The downfall of Facebook will be web3 social and/or the decentralized metaverse.
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eric_cc
5y ago
> Bitcoin is not a currency, and it's not used for anything Is that so? I just tipped bitcoin to a twitter account I enjoy (using lightning network). Keep lying to yourself..
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eric_cc
5y ago
There is no need for trusting anybody. The concept that we must trust the government or YouTube to determine truth is ridiculous. How about neither of them ban content they don’t like? As individuals, we shouldn’t trust. We should verify.
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eric_cc
5y ago
Or we can move beyond the concept of trust. How about not banning content you don't like?
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