Quote:
Originally Posted by Milhouse86
Lol your cute. I don't have an agenda but you can keep being rude. I clearly stated I just wanted to have a conversation. I am up well over double at today's prices. So I'm good, but it's cute you think you have enough money to even move the peg for bitcoin. It is trading $55 billion a day right now....
Other cryptos are not bitcoin. I invest in those as well, but they are not Bitcoin. There is a difference. Bitcoin has a set supply and it will never change. Other cryptos serve other purposes, they are not Bitcoin. If someone wants to actually discuss those that would be fun.
I think it is fascinating from a technology evolution standpoint. People seem to forget that modern monetary theory is an experiment that now has full control over our financial system. It's funny that most see Bitcoin as risky, I have almost all of my liquid capital in crypto because I see the the traditional system as risky. The Fed is just changing the rules willy nilly. It's a joke
It's just perspective, there's no reason we can't have polite discourse. See the beautiful thing about America is that we don't have to agree. I am ex military, I put my ass on the line for your right to disagree with me [emoji6]. Just be polite
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Oh I'm more than cute, I'm
beautiful. Especially when my point catches a nerve.
Quote:
Originally Posted by Milhouse86
See here's where there's misunderstandings. Gold is far from a set supply. Like other people have said eventually we might even be mining asteroids. Long way away and some Star wars shit but with Elon musk the conversation is getting more real. Bitcoin, not other cryptos, has a supply of 21 million coins. It will take over 100 years to extract the last of them from today. So yes there will be other cryptos, but never more Bitcoin than that.
Yes there are a lot of other cryptocurrencies but they are not Bitcoin. Each cryptocurrency, relatively speaking, has different use cases / purposes. They're actually solving some pretty cool real-world issues with blockchain technology. The problem is too many people create what is called shit coins that either have no utility and/or no value trying to make a quick buck.
While today my favorite thing about blockchain technology is it's ability to democratize money like the internet democratized knowledge. There's nothing on Harvard's shelves you can't get on your cell phone right now. That's a pretty drastic difference from the rest of human history. But I really think it's still just scratching the surface and we're still trying to figure out what it's capable of or where it is going.
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And when that happens it will be a VERY good problem to have! #type1civlizationProblems
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