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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 6:46 am 
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SpiralStairs wrote:
Joe Orr Road Rod wrote:
denisdman wrote:
The government might want to do that. But what you are alleging here makes little logical sense, and we should keep Occam’s Razor in mind too.

First, if the CIA was willing and able to effect regime change in Ukraine, why not do it in Russia? Why not take out Putin? Because yall seem to think that Biden and his friends are living large off Ukraine, so it would make sense to prevent it from collapsing via Russia destroying the entire country.

Further, if FTX is being used to launder money to Dems, then why take it down? It was well known Fried was popular in DC. It seems strange he would be bankrupted by the pols who supposedly were friends with him and getting cash through his company. It is a lot easier to see that a 30 year was lending money back by crypto to an affiliated company on the hope that crypto currencies would only rise over time. This same scenario has played out with other crypto companies.

If DC wanted to destroy Bitcoin, it could simply ban it. It could direct the Fed and other banking regulators to not allow any U.S. company to process transactions in Bitcoin or accept it for goods and services.

I trust the government less than just about anybody given my political leanings. I want a lot less government so it has its hands on less things to mess up. But I also do not buy into wild conspiracy theories when there are much simpler explanations.


I haven't mentioned anything about Ukraine. But I think it's totally plausible that the government could use a connected person like SBF to run a scam exchange that would fail and undermine Bitcoin. If he isn't imprisoned for a long, long time, it will just lend some credence to that thought.

And the belief that "If DC wanted to destroy Bitcoin, it could simply ban it" shows a complete and utter misunderstanding of the power of Bitcoin. Governments CANNOT simply ban Bitcoin. China has "banned" it. Yet plenty of Chinese citizens have Bitcoin wallets.

The only way to destroy Bitcoin is to destroy the faith of its users.


If the government wanted to demonize crypto wouldn’t they lock this guy up and throw away the key to scare off any enterprising young upstarts?


I'm a Bitcoin maximalist. I'm not saying there aren't legitimate developments to be made in blockchain technology. But many cryptocurrencies are simply scams and/or Ponzi schemes. Or jokes that grew beyond their punchline like Dogecoin.

Bitcoin exists. It's complete. It doesn't require lesser men like Roger Ver who think they have better ideas.

I'm sure you're familiar with the meme "It's still early." But there is truth to that. You still have otherwise intelligent people who compare Bitcoin to the tulip bubble. I think you know enough to understand just how world changing Bitcoin can and will be unless governments take drastic action to undermine it.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 6:50 am 
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Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 7:11 am 
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Nas wrote:
Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.


Government can't stop Bitcoin. They could criminalize its use as China did. But that won't really work. So the best way to "stop" Bitcoin is to convince people that it is "dangerous" or "risky."

I consider Bitcoin the currency of the future. But I think it's a good bet that it's a future I may not get to see.

Untethering money from government(s) is such a massive change that most people can't even recognize the implications of such at this point. And governments aren't going to free The People without a knockdown dragout fight.

So I already have enough Bitcoin. But if it gets to $15,000 I may pick up some more.

I have kept some on the Gemini and Coinbase exchanges in the past. I had some problems with Coinbase when I wanted to move a significant amount to my wallet so I stopped using that exchange. I wouldn't recommend holding Bitcoin on an exchange. Not even in "cold storage." Just get a wallet and your own keys.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 7:26 am 
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It's a money system you can't buy anything with and now you can't store it anywhere outside of the equivalent of putting all your cash in a safe in your closet.

Bitcoin is looking like an example of inventing a problem and then looking for a solution to solve the problem you invented. I just don't see any advantage to having it outside of a bet that it will go up in value and I can sell it later on. What is the use case for bitcoin? What improves in my life for owning it? If I had $10k that I wanted to get out of US dollars why wouldn't I just buy $10k of gold and put it in my safe rather than $10k of bitcoin where I put it in my wallet and I hope I don't lose the password. At least I can destroy the safe and get my gold out if I forget the passcode.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 7:42 am 
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Brick wrote:
It's a money system you can't buy anything with and now you can't store it anywhere outside of the equivalent of putting all your cash in a safe in your closet.

Bitcoin is looking like an example of inventing a problem and then looking for a solution to solve the problem you invented. I just don't see any advantage to having it outside of a bet that it will go up in value and I can sell it later on. What is the use case for bitcoin? What improves in my life for owning it? If I had $10k that I wanted to get out of US dollars why wouldn't I just buy $10k of gold and put it in my safe rather than $10k of bitcoin where I put it in my wallet and I hope I don't lose the password. At least I can destroy the safe and get my gold out if I forget the passcode.



I get that it's difficult for you to imagine anything besides the status quo.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 8:33 am 
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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 8:35 am 
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Joe Orr Road Rod wrote:
Nas wrote:
Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.


Government can't stop Bitcoin. They could criminalize its use as China did. But that won't really work. So the best way to "stop" Bitcoin is to convince people that it is "dangerous" or "risky."

I consider Bitcoin the currency of the future. But I think it's a good bet that it's a future I may not get to see.

Untethering money from government(s) is such a massive change that most people can't even recognize the implications of such at this point. And governments aren't going to free The People without a knockdown dragout fight.

So I already have enough Bitcoin. But if it gets to $15,000 I may pick up some more.

I have kept some on the Gemini and Coinbase exchanges in the past. I had some problems with Coinbase when I wanted to move a significant amount to my wallet so I stopped using that exchange. I wouldn't recommend holding Bitcoin on an exchange. Not even in "cold storage." Just get a wallet and your own keys.

I think it’s more likely government co-opts blockchain currencies and you wind up with even less control over your own money than you have today.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 8:37 am 
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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 8:39 am 
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This Ends in Antioch wrote:
Joe Orr Road Rod wrote:
Nas wrote:
Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.


Government can't stop Bitcoin. They could criminalize its use as China did. But that won't really work. So the best way to "stop" Bitcoin is to convince people that it is "dangerous" or "risky."

I consider Bitcoin the currency of the future. But I think it's a good bet that it's a future I may not get to see.

Untethering money from government(s) is such a massive change that most people can't even recognize the implications of such at this point. And governments aren't going to free The People without a knockdown dragout fight.

So I already have enough Bitcoin. But if it gets to $15,000 I may pick up some more.

I have kept some on the Gemini and Coinbase exchanges in the past. I had some problems with Coinbase when I wanted to move a significant amount to my wallet so I stopped using that exchange. I wouldn't recommend holding Bitcoin on an exchange. Not even in "cold storage." Just get a wallet and your own keys.

I think it’s more likely government co-opts blockchain currencies and you wind up with even less control over your own money than you have today.

To think governments of the world couldn't slam Bitcoin into dust is a little naive. They can and they will eventually. but first they have to figure out their own digital currency and make it 1000x more obtrusive.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 8:46 am 
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This Ends in Antioch wrote:
Joe Orr Road Rod wrote:
Nas wrote:
Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.


Government can't stop Bitcoin. They could criminalize its use as China did. But that won't really work. So the best way to "stop" Bitcoin is to convince people that it is "dangerous" or "risky."

I consider Bitcoin the currency of the future. But I think it's a good bet that it's a future I may not get to see.

Untethering money from government(s) is such a massive change that most people can't even recognize the implications of such at this point. And governments aren't going to free The People without a knockdown dragout fight.

So I already have enough Bitcoin. But if it gets to $15,000 I may pick up some more.

I have kept some on the Gemini and Coinbase exchanges in the past. I had some problems with Coinbase when I wanted to move a significant amount to my wallet so I stopped using that exchange. I wouldn't recommend holding Bitcoin on an exchange. Not even in "cold storage." Just get a wallet and your own keys.

I think it’s more likely government co-opts blockchain currencies and you wind up with even less control over your own money than you have today.


I don't disagree with that. They'll certainly try. And if they succeed it will be the end of anything resembling "freedom."

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 8:46 am 
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Nardi wrote:
This Ends in Antioch wrote:
Joe Orr Road Rod wrote:
Nas wrote:
Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.


Government can't stop Bitcoin. They could criminalize its use as China did. But that won't really work. So the best way to "stop" Bitcoin is to convince people that it is "dangerous" or "risky."

I consider Bitcoin the currency of the future. But I think it's a good bet that it's a future I may not get to see.

Untethering money from government(s) is such a massive change that most people can't even recognize the implications of such at this point. And governments aren't going to free The People without a knockdown dragout fight.

So I already have enough Bitcoin. But if it gets to $15,000 I may pick up some more.

I have kept some on the Gemini and Coinbase exchanges in the past. I had some problems with Coinbase when I wanted to move a significant amount to my wallet so I stopped using that exchange. I wouldn't recommend holding Bitcoin on an exchange. Not even in "cold storage." Just get a wallet and your own keys.

I think it’s more likely government co-opts blockchain currencies and you wind up with even less control over your own money than you have today.

To think governments of the world couldn't slam Bitcoin into dust is a little naive.


How could they do that without shutting down the Internet?

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 8:49 am 
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Joe Orr Road Rod wrote:
Nardi wrote:
This Ends in Antioch wrote:
Joe Orr Road Rod wrote:
Nas wrote:
Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.


Government can't stop Bitcoin. They could criminalize its use as China did. But that won't really work. So the best way to "stop" Bitcoin is to convince people that it is "dangerous" or "risky."

I consider Bitcoin the currency of the future. But I think it's a good bet that it's a future I may not get to see.

Untethering money from government(s) is such a massive change that most people can't even recognize the implications of such at this point. And governments aren't going to free The People without a knockdown dragout fight.

So I already have enough Bitcoin. But if it gets to $15,000 I may pick up some more.

I have kept some on the Gemini and Coinbase exchanges in the past. I had some problems with Coinbase when I wanted to move a significant amount to my wallet so I stopped using that exchange. I wouldn't recommend holding Bitcoin on an exchange. Not even in "cold storage." Just get a wallet and your own keys.

I think it’s more likely government co-opts blockchain currencies and you wind up with even less control over your own money than you have today.

To think governments of the world couldn't slam Bitcoin into dust is a little naive.


How could they do that without shutting down the Internet?

Make it impossible/illegal to buy/sell in fiat via bank regulation.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:01 am 
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This Ends in Antioch wrote:
Joe Orr Road Rod wrote:
Nardi wrote:
This Ends in Antioch wrote:
Joe Orr Road Rod wrote:
Nas wrote:
Are you buying more Bitcoin or pulling it out of the exchanges? I thought you said government couldn't stop Bitcoin, they can only hope to contain it.


Government can't stop Bitcoin. They could criminalize its use as China did. But that won't really work. So the best way to "stop" Bitcoin is to convince people that it is "dangerous" or "risky."

I consider Bitcoin the currency of the future. But I think it's a good bet that it's a future I may not get to see.

Untethering money from government(s) is such a massive change that most people can't even recognize the implications of such at this point. And governments aren't going to free The People without a knockdown dragout fight.

So I already have enough Bitcoin. But if it gets to $15,000 I may pick up some more.

I have kept some on the Gemini and Coinbase exchanges in the past. I had some problems with Coinbase when I wanted to move a significant amount to my wallet so I stopped using that exchange. I wouldn't recommend holding Bitcoin on an exchange. Not even in "cold storage." Just get a wallet and your own keys.

I think it’s more likely government co-opts blockchain currencies and you wind up with even less control over your own money than you have today.

To think governments of the world couldn't slam Bitcoin into dust is a little naive.


How could they do that without shutting down the Internet?

Make it impossible/illegal to buy/sell in fiat via bank regulation.


Why would we need to exchange to fiat? Why must fiat even exist?

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:04 am 
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Joe Orr Road Rod wrote:
Why would we need to exchange to fiat? Why must fiat even exist?

I suppose you don’t, but it may be hard to function in the world using only crypto right now.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:16 am 
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Joe Orr Road Rod wrote:
Brick wrote:
It's a money system you can't buy anything with and now you can't store it anywhere outside of the equivalent of putting all your cash in a safe in your closet.

Bitcoin is looking like an example of inventing a problem and then looking for a solution to solve the problem you invented. I just don't see any advantage to having it outside of a bet that it will go up in value and I can sell it later on. What is the use case for bitcoin? What improves in my life for owning it? If I had $10k that I wanted to get out of US dollars why wouldn't I just buy $10k of gold and put it in my safe rather than $10k of bitcoin where I put it in my wallet and I hope I don't lose the password. At least I can destroy the safe and get my gold out if I forget the passcode.



I get that it's difficult for you to imagine anything besides the status quo.

I don't see any counterargument though. If you can see the future better than me then explain why bitcoin, a less convenient, more volatile, and a system were a housefire or a home theft can literally have your entire bitcoin wallet be removed from existence or from your ownership. You can't spend it anywhere. Now, you seemingly can't even trust anyone else to hold it for you.

I have a credit card. You probably have a credit card. Why should I ever want to buy things with bitcoin instead of that credit card?

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:17 am 
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This Ends in Antioch wrote:
Joe Orr Road Rod wrote:
Why would we need to exchange to fiat? Why must fiat even exist?

I suppose you don’t, but it may be hard to function in the world using only crypto right now.



Sure. It's not going to happen tomorrow. And it will obviously be fought against by those in power.

Like I said, I doubt I'll live to see it. And it may never happen. I think the scenario you described is probably the most likely. Governments coopt the technology to create central bank cryptocurrencies which defeats the entire purpose of Bitcoin and, in fact, gives the powerful more control than they had already.

But the technology exists and it has the potential to break down borders and give The People real freedom. Of course that is unacceptable to those who have the most.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:19 am 
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Brick wrote:
Joe Orr Road Rod wrote:
Brick wrote:
It's a money system you can't buy anything with and now you can't store it anywhere outside of the equivalent of putting all your cash in a safe in your closet.

Bitcoin is looking like an example of inventing a problem and then looking for a solution to solve the problem you invented. I just don't see any advantage to having it outside of a bet that it will go up in value and I can sell it later on. What is the use case for bitcoin? What improves in my life for owning it? If I had $10k that I wanted to get out of US dollars why wouldn't I just buy $10k of gold and put it in my safe rather than $10k of bitcoin where I put it in my wallet and I hope I don't lose the password. At least I can destroy the safe and get my gold out if I forget the passcode.



I get that it's difficult for you to imagine anything besides the status quo.

I don't see any counterargument though. If you can see the future better than me then explain why bitcoin, a less convenient, more volatile, and a system were a housefire or a home theft can literally have your entire bitcoin wallet be removed from existence or from your ownership. You can't spend it anywhere. Now, you seemingly can't even trust anyone else to hold it for you.

I have a credit card. You probably have a credit card. Why should I ever want to buy things with bitcoin instead of that credit card?


Neither of us can see the future.

But if you can't see the difference between you and I transacting business with each other without a third party and/or the government involved in the transaction and using a credit card, I don't know what to tell you.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:21 am 
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There is no absolute/real freedom. It doesn't exist, and Bitcoin won't change that.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:22 am 
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Nas wrote:
There is no absolute/real freedom.


Why do you believe that and what do you think prevents it?

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:23 am 
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Joe Orr Road Rod wrote:
But if you can't see the difference between you and I transacting business with each other without a third party and/or the government involved in the transaction and using a credit card, I don't know what to tell you.
Explain it to me though. We can use that as an example.

What is the benefit of bitcoin as compared to a cashier's check for large purchases or something like paypal or venmo for small purchases?

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:30 am 
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Joe Orr Road Rod wrote:
Nas wrote:
There is no absolute/real freedom.


Why do you believe that and what do you think prevents it?


We live in a civilized society. We're following rules someone else sets just about every minute of the day. Even if we lived in an uncivilized society, some self appointed dictator would tell us what we could and couldn't do.

You and I are sheep. No currency will change that or destruction of our society will change that.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:31 am 
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Crypto currency is little more than the fraud that was the mortgage backed securities of 2004. Or any other of the derivative securities that the scheming MBA geniuses couldn't explain in real world terms.

But worse because it's playing off of the paranoia and irrational fears of MANY.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:32 am 
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Brick wrote:
Joe Orr Road Rod wrote:
But if you can't see the difference between you and I transacting business with each other without a third party and/or the government involved in the transaction and using a credit card, I don't know what to tell you.
Explain it to me though. We can use that as an example.

What is the benefit of bitcoin as compared to a cashier's check for large purchases or something like paypal or venmo for small purchases?


Cutting out the middleman, privacy, lack of government interference, etc.

You don't seem to have the imagination to recognize the power of the technology and how world changing it will be- one way or another. And I don't mean this as a criticism because in most cases, at least in the short term that comprises one person's life span, your viewpoint is likely to prevail.

The invention of Bitcoin is like the opening of Pandora's box. The world is not going to be the same afterward. It remains to be seen which way it goes. Will it be salvation for The People helping to create a better, freer, more equitable world? Or will it become a tool of the powerful used to further subjugate the masses? I suspect it will be the latter but it I am hopeful it might be the former.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:33 am 
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Nas wrote:
Joe Orr Road Rod wrote:
Nas wrote:
There is no absolute/real freedom.


Why do you believe that and what do you think prevents it?


We live in a civilized society. We're following rules someone else sets just about every minute of the day. Even if we lived in an uncivilized society, some self appointed dictator would tell us what we could and couldn't do.

You and I are sheep. No currency will change that or destruction of our society will change that.



I completely reject that premise.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:36 am 
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Regular Reader wrote:
Crypto currency is little more than the fraud that was the mortgage backed securities of 2004. Or any other of the derivative securities that the scheming MBA geniuses couldn't explain in real world terms.

But worse because it's playing off of the paranoia and irrational fears of MANY.



Tell me you don't understand a technology without saying you don't understand a technology.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:37 am 
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Joe Orr Road Rod wrote:
Cutting out the middleman, privacy, lack of government interference, etc.
This is why I'm saying that it's inventing a problem and then looking for a solution. Unless I'm committing an illegal act I have no reason to want to hide the details of the entire transaction. There are actually benefits to both sides in terms of being scammed for having some sort of third party.

Joe Orr Road Rod wrote:
You don't seem to have the imagination to recognize the power of the technology and how world changing it will be- one way or another. And I don't mean this as a criticism because in most cases, at least in the short term that comprises one person's life span, your viewpoint is likely to prevail.
Neither do you. However, that doesn't change the huge amount of downsides for bitcoin. It's easy to lose forever. You can't really ever secure it and if you secure it too much you risk locking yourself out of it. Even if you could actually spend it, it is much harder than a simple credit card or even writing a check along with less security behind it in the case that I'm getting scammed.

Joe Orr Road Rod wrote:
The invention of Bitcoin is like the opening of Pandora's box. The world is not going to be the same afterward. It reamins to be seen which way it goes. Will it be salvation for The People helping to created a better, freer, more equitable world? Or will it become a tool of the powerful used to further subjugate the masses? I suspect it will be the latter but it I am hopeful it might be the former.
It likely won't really be all that impactful.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:42 am 
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Joe Orr Road Rod wrote:
Nas wrote:
Joe Orr Road Rod wrote:
Nas wrote:
There is no absolute/real freedom.


Why do you believe that and what do you think prevents it?


We live in a civilized society. We're following rules someone else sets just about every minute of the day. Even if we lived in an uncivilized society, some self appointed dictator would tell us what we could and couldn't do.

You and I are sheep. No currency will change that or destruction of our society will change that.



I completely reject that premise.


I know you do. It's a fact, though. Even the seeds of what we believe were planted by others.

What do you do that the government doesn't allow?

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:48 am 
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Joe Orr Road Rod wrote:
Regular Reader wrote:
Crypto currency is little more than the fraud that was the mortgage backed securities of 2004. Or any other of the derivative securities that the scheming MBA geniuses couldn't explain in real world terms.

But worse because it's playing off of the paranoia and irrational fears of MANY.



Tell me you don't understand a technology without saying you don't understand a technology.

I've understood financial smoke and mirrors back to the days of KKR and Michael Milliken. And expected the crash of 2008 because so much was based on a bubble.

I also remember my 20 year old son playing in and out of crypto just like he and many others did last year with the dead cat stocks last year that Reddit helped them toy with. Forty years of market and gambler manipulation is nothing new. I'm just shocked at how much faith you seem to be investing in this ponzi scheme.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:49 am 
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Brick wrote:
Joe Orr Road Rod wrote:
Cutting out the middleman, privacy, lack of government interference, etc.
This is why I'm saying that it's inventing a problem and then looking for a solution.


It hasn't been a problem for you because you live in the richest, most powerful nation that has ever existed.

Do you think the ability to create money is a powerful tool? Who do you think should be able to do that? What is a dollar or a yuan worth and why does it have that worth? Why does gold have value?

Should the paper notes in your pocket have more value than the paper notes in the wallet of some woman in Port-au-Prince because your government has more battleships and nuclear weapons? I realize I'm getting away from economics and into philosophy here, but I'm trying to explain the power of Bitcoin that you don't want to acknowledge.

Brick wrote:
Joe Orr Road Rod wrote:
You don't seem to have the imagination to recognize the power of the technology and how world changing it will be- one way or another. And I don't mean this as a criticism because in most cases, at least in the short term that comprises one person's life span, your viewpoint is likely to prevail.
Neither do you. However, that doesn't change the huge amount of downsides for bitcoin. It's easy to lose forever. You can't really ever secure it and if you secure it too much you risk locking yourself out of it. Even if you could actually spend it, it is much harder than a simple credit card or even writing a check along with less security behind it in the case that I'm getting scammed.


Obviously, I do. I can imagine a world where the U.S. no longer exists. Correct me if I'm wrong, but you consider that very notion to be utterly absurd.

It's no easier to lose a Bitcoin wallet than it is to lose a leather wallet with $2000 in cash and all your credit cars inside or to have your Madoff retirement account evaporate. That's a poor argument against Bitcoin.

Brick wrote:
Joe Orr Road Rod wrote:
The invention of Bitcoin is like the opening of Pandora's box. The world is not going to be the same afterward. It reamins to be seen which way it goes. Will it be salvation for The People helping to created a better, freer, more equitable world? Or will it become a tool of the powerful used to further subjugate the masses? I suspect it will be the latter but it I am hopeful it might be the former.
It likely won't really be all that impactful.


It is and it will be. Though as I said above, I understand that many people don't recognize that. Yet.

It's like talking to a monk who shrugs off the invention of the printing press. "We do just fine transcribing the Bible!" Monks didn't like losing their power either.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 15, 2022 9:50 am 
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Nas wrote:
There is no absolute/real freedom.


Viktor Frankl disagrees.

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