eric_cc

13 ms·

151.
by eric_cc 3y ago
Totally agree. I only meant to illustrate that all abstractions of buying power fluctuate in their ability to secure basic needs - food, water, shelter, supplies.
152.
by eric_cc 3y ago
I’d counter that buying power is the only metric that matters. All these abstractions of buying power may distract and distance you from this most important metric - often to the benefit of companies and nation states.
153.
by eric_cc 3y ago
It’s “buying power”
154.
by eric_cc 3y ago
when you say up and down you are referring to buying power. And yes, the buying power of a $20 grocery store gift card has gone way down the last few years. Consider how much milk and eggs you could buy in 2018 compared to today.
155.
by eric_cc 3y ago
Now do the US dollar!
156.
by eric_cc 3y ago
You’re doing the ignorant a favor for no real gain. Bitcoin adoption will continue. Bitcoin’s progress remains unstoppable. No amount of downvotes can stop it. And the next giant leap in buying power will just make the anger and denial stro
157.
by eric_cc 3y ago
> BTC added no value to the retail experience. You’re missing the point entirely. Bitcoin will gain usability parity with the US dollar. And bitcoin is a better currency that anything mutable and controlled by governments. Bitcoin is a c
158.
by eric_cc 3y ago
Aside from some advertisers leaving, what other metric are you basing this on?
159.
by eric_cc 3y ago
Did Twitter fail?
160.
by eric_cc 3y ago
While I agree with your sentiment, if VR becomes a 99.999999999% match it’ll change human existence whether we personally like it or not.
161.
by eric_cc 3y ago
> I remember hardly any significant negative criticism of the iphone, watch, or airpods. Sounds like you have a memory problem. I’m sure you can find the threads archived if you need reminded of the criticisms.
162.
by eric_cc 3y ago
> in a swirley What does this even mean?
163.
by eric_cc 4y ago
> the entire department’s response is to stop doing their job. This is one hell of a claim. Can you share some good sources that verify it?
164.
by eric_cc 4y ago
> police in America tend to go on low-key strike when a liberal prosecutor is elected This is not true nor is it verifiable. This is a bullshit political talking point. And it’s ridiculous.
165.
by eric_cc 4y ago
Because: Argentina. Not sure if you truly grasp the global impact that the United States fed policy has.
166.
by eric_cc 4y ago
Market becomes less speculative.
167.
by eric_cc 4y ago
In recent years, you can argue that bitcoin has acted as a canary in the coal mine. Bitcoins chart is pretty much the same as stocks (especially tech/growth stocks). It just moves slightly ahead of stocks sometimes.
168.
by eric_cc 4y ago
I totally agree. Cash has value because it’s backed by violence.
169.
by eric_cc 4y ago
You’re correct that this community will be salty as bitcoin reaches value milestones such as $100,000/coin. And it’s easy to fall into the trap of laughing at their misery. But it would be much much more enjoyable for me to see bitcoin
170.
by eric_cc 4y ago
And what’s the main use of cash from the perspective of the US government? And what makes cash have value? And what has been the history of money thus far that has led to this junction?
171.
by eric_cc 4y ago
Hacker News is especially hostile toward crypto. Most likely, people here won’t even bother to engage in an honest conversation. “It’s a scam, it’s for crime” is the consensus. It’s frustrating when you’re surrounded by “confident idiots”,
172.
by eric_cc 4y ago
Crypto was never built to magically help you evade justice. This is a ridiculous take.
173.
by eric_cc 4y ago
Agree completely with your point. Moving their funds from the train wreck was smart. Shaming those that withdrew their funds reminds me of meme stock culture where participants shame sellers and make holding “no matter what” the highest vir
174.
by eric_cc 4y ago
The tech isn’t going anywhere. Perhaps the speculative bubble over gif NFT’s is behind us but I guarantee there will be uses for unique on-chain tokens for a long time to come.
175.
by eric_cc 4y ago
> has led to a consensus Do you have a source or some proof for this statement?
176.
by eric_cc 4y ago
Consider financially responsible people in their 50’s and 60’s that have had decades to save. There are plenty of “regular”, middle class people with this type of savings in their account.
177.
by eric_cc 4y ago
I just don’t understand this attitude. It’s 250k. We’re not talking about all that much money. Why do you think people with 250k should have extra knowledge or access to special advisers?
178.
by eric_cc 4y ago
> People depositing above that limit are generally not working from the same limitations and lack of information that regular people are. 250k is not that much money. What a weird statement.
179.
by eric_cc 4y ago
Call me crazy, but i downvoted it because I don’t enjoy it. It’s not the type of content I’m here for and I don’t feel like it adds anything by being posted. Do you think this way: A thread of people dunking on Musk is so cool! Calling peop
180.
by eric_cc 4y ago
> I can appreciate that there are a large number of people who will come to a billionaires defence In this context, does it matter what his net worth is? Are you implying it’s not possible that people defend him for his positions alone?

More ›