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whoisninja
searching PlanetScale…
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61.
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by
whoisninja
6y ago
drink wall st. ESG kool-aid if you want, i have seen diamond merchants in ESG ETF componens. go figure. your electric cars as well combustin engine cars use lot of energy worse than Bitcoin. oh cars get you from point a to point b. guess wh
62.
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by
whoisninja
6y ago
yes, keep learning gold is not that useful in utility sense tbh, less than 10% is industrial use.
63.
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by
whoisninja
6y ago
ya then debate about it, write about it, learn about it may be you are right , may be you're wrong just don't be too sure that you know better than most
64.
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by
whoisninja
6y ago
let the market decide then, step away- don't mine, don't use Bitcoin if you prefer gold mining uses tons of energy we knew automobiles will pollute the environment, why didn't we stop using them altogether?
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by
whoisninja
6y ago
if hedge funds were long, it would have happened? it is short-sellers who need to pay up the margin calls etc. the way short selling works, it can create crazy leverage it is definitely a lie
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by
whoisninja
6y ago
wron, ex-CEO of Chewy is quite a bit long
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whoisninja
6y ago
please read and learn more before concluding anything: https://nakamotoinstitute.org/mempool/
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by
whoisninja
6y ago
gold use case is only 5-10% of it's actual market cap - if gold price were to go up because of currency debasement, it's industrial use will decline - if gold price were to go down because of let's say BTC, it's industri
69.
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by
whoisninja
6y ago
yup this is hilarious: having control over supply of your currency is a good thing, as long as it’s well run. well run? how and by whom? “According to a study of 775 fiat currencies by DollarDaze.org, there is no historical precedenc
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by
whoisninja
6y ago
scam
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whoisninja
6y ago
dollar cost average with swan bitcoin and try fold app
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whoisninja
6y ago
misinformed take Blockstream has almost no say at this point some of the top contributors are either independent or work with Chaincode labs over the last 10 years, Bitcoin is the most resilient to protocol changes and centralization Ethere
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whoisninja
6y ago
they're only fine because they did it cleverly via a Swiss Foundation if they did it via US company, they would be hit with similar lawsuit
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whoisninja
6y ago
Ethereum was also 60% pre-mined, somehow VCs behind it are able to protect it but i agree Ripple is the worst
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whoisninja
6y ago
typical monetary policy issue, if it is easy to change - they will keep changing
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whoisninja
6y ago
not just DAO rollback, they're basically changing every key protocol rule at whim. most of their nodes run on aws. I was interested earlier but now i'm big skeptic of Ethereum quite centralized IMO
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whoisninja
6y ago
amen
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whoisninja
6y ago
those aspirations are futile if there's compromise on decentralization... + most projects on Ethereum are not decentralized if you think how they're raising funds from the VCs => they've jurisdictions anyways...but good lu
79.
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by
whoisninja
6y ago
Ethereum has some respect because atleast it is not an outright scam. But consider following : - Rollback done during DAO hack - Policy of minimum issuance but they're changing the issuance to more tighter issuance "going fwd"
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by
whoisninja
6y ago
not your keys, not your Bitcoin Tether is fiat-madness squared
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Square, Inc. Invests $50M in Bitcoin
(squareup.com)
3 points
by
whoisninja
6y ago
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0 comments
82.
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by
whoisninja
6y ago
ok then the move from benches to seats become the real contraceptive, well played bro lol
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whoisninja
6y ago
guess what my 1br apartment is also a contraceptive
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whoisninja
6y ago
ok by that logic you could also say cars were the original contraception because not more than 3 kids can fit even without car seats lol
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whoisninja
6y ago
there used be a site called boredbanker.com
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whoisninja
6y ago
correct, it is same thing but just that circumvents their own network so they can't collect fees and have the power it gives them to control the network of global money supply
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whoisninja
6y ago
and an avg guy has to do KYC and what not to move $100... some of those min. threshold numbers ($10,000) that invoke financial reports are 30-40 years old so not inflation adjusted. So now those are basically surveillance tools on the lives
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Microstrategy's bet on Bitcoin as a corporate treasury reserve
(twitter.com)
2 points
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whoisninja
6y ago
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0 comments
89.
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by
whoisninja
6y ago
understood ! will make sure next time. thanks for explaining that.
90.
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whoisninja
6y ago
i apologize, what do you mean?
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