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0 pointsquantadev1y ago0 comments

All you tried there was two strawman arguments, or else you didn't carefully read my words.

1) I said BTC failed as a currency. And yes all the people currently holding cryptos are indeed claiming it's an asset, but they all have one thing in common: They gave their REAL money to someone else in exchange for nothing. You purchased a jar of air with the word "Digital Gold" printed on the side of it basically...with the reasoning of "If everybody treats this special air as Gold, then it might as well be Gold"

2) Neither Credit Cards nor PayPal are money. They are technologies for HANDLING money. A technology for handling a thing is not the thing itself. Not a hard logical axiom to grasp is it?

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desumeku1y ago

> You purchased a jar of air with the word "Digital Gold" printed on the side of it basically...with the reasoning of "If everybody treats this special air as Gold, then it might as well be Gold"

And it is. You can try and dispute and rage against this fact all you want, but it already is. One bitcoin now goes for over $80,000. It's the 9th largest asset on earth. Anybody who has ever bought any over the past 15 years made a bet that has more than extraordinarily paid off. You can deny it, but it won't stop being true. You can keep saying it's going to "pop" at any minute, but that doesn't mean that it will.

quantadevOP1y ago

Oh, I expect your air jars can easily get quite a bit higher than $80K, while the FoMo is still on the rise. During Tulip Bulb Mania a bud was going for the same amount as the price of a HOUSE. It's about psychology isn't it. Everyone knew that amount for a flower was insane, but did it anyway. Because, after all, something is worth whatever people are paying for it don't ya know.

Tell me this...how is your NFT collection doing these days? Am I missing out on that excellent asset class too? I want that million dollar picture of the first Tweet bro. Since Hashcodes are unique in the universe that makes my copy THE one.

desumeku1y ago

You sound pretty jealous and bitter that you missed out in the best return on investment in human history.

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0 pointsquantadev1y ago0 comments

All you tried there was two strawman arguments, or else you didn't carefully read my words.

2) Neither Credit Cards nor PayPal are money. They are technologies for HANDLING money. A technology for handling a thing is not the thing itself. Not a hard logical axiom to grasp is it?

0 comments

desumeku1y ago

> You purchased a jar of air with the word "Digital Gold" printed on the side of it basically...with the reasoning of "If everybody treats this special air as Gold, then it might as well be Gold"

quantadevOP1y ago

desumeku1y ago

You sound pretty jealous and bitter that you missed out in the best return on investment in human history.

1 more reply

j / k navigate · click thread line to collapse