It came from the people who lost, or the people who are still in it…
What are you talking about? You think gold or silver had to be “lost” in order to have value? No, that’s not where value comes from. All of you are speaking like you’ve never heard of an economy.
Cryptocurrency is an expanding currency market.
Just like gold, just like credit, just like stocks and bonds forex and futures.
As the market gets bigger and more people believe/invest/rely on it, the share one owns of a more valuable market gains value.
This 4-year cycle…no reason for things to improve from here.
More gibberish; there are plenty of reasons for crypto currency to continue to gain value.
National governments are creating digital cryptocurrencies.
Adoption of cryptocurrency is growing constantly.
Governments are investing heavily in existing cryptocurrencies.
There’s no functional difference, other than more recent and having more capabilities between cryptocurrencies and the “credit” system that everybody accepts as “normal”.
There’s every reason for a successful market to continue being successful while it has adoption, investment, development and use.
The fundamental insight that created capitalism and, in turn, socialism is that gold is not wealth, gold is what you use to trade wealth, which is ultimately the eponymous means of production.
BTC didn’t make a single penny of wealth. It’s just a different currency in a world with thousands. BTC actually decreases the wealth of the world by wasting effort and production on a solved problem.
You’re literally 250 years behind the curve set by The Wealth of Nations. It can be individually profitable to stick your wealth into BTC just as it can be individually profitable to trade 4X, but at the end of the day all the people with real money own businesses and land.
Not that they were right to think “money” is a zero sum game. You’re ultimately just both arguing that trading the shiny rocks is what creates value.
That you don’t like the assumptions behind your own words when they’re pointed out doesn’t stop them from existing, and that comment is pretty rich considering the context.
Who cares? You and all cryptobros are still people who will never have even a quarter of what the average baby boomer had at their age, like 7+ children, a home at 19 years old, economic stability, or at least a happy family of four without a college degree. Why? Are they smarter, work harder, or what?
And if they do, they’re just holding them warm for when the Mexican Cartels and bigger countries like China come to take everything they have. Rightfully so too. They suck, they deserve it for supporting a currency that empowers organized crime the most.
The baby boomers have more because they had to invest less up front in their generation.
Investors of all kinds have more money because they invested less by investing early. Circumstances change as time passes, and time is always running out.
you and…will never have even a quarter of what…
Speak for yourself, not for others.
You don’t have to be a genius, you have to pay attention to opportunities.
Is that really why you think they have more? Lol. You are funny.
Are you also saying you do have what the average baby boomer had at your age, and this is how you spend your free time? Talking online like this? Damn that’s fucking sad. The world is truly bleak, man. I tell you.
Hold them warm for the cartels. You helped them get armed after all. They love Bitcoin and people like you, because you give them a lot of power. You are like their little slaves, their cookie clickers, building up their future wealth to harvest. What a nice lad you are.
You will never have real power or change in your life. You will never know what it was to live the “American Dream”. Keep sleeping, though. Maybe someday :)
So, you are not American, yet you talk and behave like a MAGA? Why?
You also support the currency “my fellow inmates” used to cripple your country with drugs and more. And it’s still ongoing, because we just get replaced by a new batch of 12 year-olds you forced into that violent environment with your relentless support for the Jeffrey Epstein Class and the currencies they use to do human trafficking and rape behind our backs. That’s the people you empower and support, that’s what you were born for and exist: to please pedophiles and murders.
All that blood is in your hands. My life did not turn out well thanks to mentally-ill monsters like you who value money over human beings. No matter which country you are from, the Mexican Cartel is there, and you are empowering them. Keep it up. I am the only one raising awareness to help you, but it seems you don’t want to be helped. You want to live in a shithole.
So a shithole it shall be. One where you will never experience even a quarter of the joy the average baby boomer experienced at your age no matter how lucky you get with crypto, gambling or stocks. Petty fuck. I value art and a good sense of humor over money, by the way. You got none, so. You are nothing but a waste of time to me.
You did not crush shit, brother. You cannot crush shit, you are a worthless cryptobro.
People like you created me. You benefit and enrich the cartels with your relentless support for cryptos. No one here can use that garbage to buy milk or pay mom and pops the bill. It’s fucking worthless just like your fucking life and presence in this universe. It is time we make up for all that harm you have brought upon innocent people. We will take everything you have whether you like it or not.
Bigoted? Me? For shitting on MAGAs like you? You are not a race or anything. You are just trash. Know your place, worm.
And dude, my job is to write. You are nothing but practice. I am using you like a toy I can play and have fun with however the fuck I want. I will do it for all the innocent people you have killed with your support for crypto. All those hitmen and red rooms, guns, drugs, illegal services from the Silk Road that benefited so much from that currency, yeah, go fuck yourself, you imbecile. You got a lot of blood in your hands motherfucker. You will pay for it all.
Those are several different ideas, so no, you’re wrong.
Money isn’t bad and making money isn’t immoral, which is the fundamental misunderstanding that many of you have. If you don’t like money, okay, but if Sandwich Guy 1 sells more sandwiches than Sandwich Guy 2, he makes more money.
There’s no moral judgment beyond your indignant projection. He just has more dollars in his pocket because he sold more sandwiches.
Investor 1 invests before Investor 2, Investor 1 makes more money.
If you get a 50% head start in a race, you’re probably going to win.
It plays very much to your headstart line at the end of your comment.
It goes something like; You’re one passenger on a plane. The plane crashes. You and another person survived the plane crash. This is a deserted island with it’s only resource being coconuts.
This other person has awake from the crash much before you’ve awoken. This person has had the time to collect all available coconuts on the island and has secured them for themselves.
You’re dehydrating rapidly and plead for a coconut from this person to satisfy your thirst.
The person offers a coconut, in exchange for some sloppy toppy.
We’re talking about Bitcoin (which has no intrinsic value/usefulness) here. I didn’t realize that wasn’t clear, so I have now edited my comment to clarify that
More gibberish; there are plenty of reasons for crypto currency to continue to gain value.
Yes, cryptocurrency in general. Not Bitcoin specifically, the most antiquated, slowest, least sustainable one there is (you know, given that it was the first, unlike newer cryptocurrencies which were able to learn from its mistakes and make technological advancements, such as not requiring the power of an entire nation just to run them, and not taking some multiple of 10 minutes before the cashier can finally give you your coffee)
National governments are creating digital cryptocurrencies.
This matters a lot more than all that other shit.
Once something gets government backing there’s a guarantor of value for the currency because there will always be an entity that will accept it as payment (taxes, fees, fines, etc). That same entity is also capable of incredible amounts of violence, and can kidnap or even kill people who don’t pay those taxes, fees, fines, etc etc.
The problem with Bitcoin, or any independent crypto that isn’t created by a government backer, is that it only has value because people agree that it has value - they can change their minds whenever they want, and they can’t really enforce the value at the end of a gun.
When a government says a currency has value, they aren’t likely to change their minds and can shoot you if you disagree.
What are you talking about? You think gold or silver had to be “lost” in order to have value? No, that’s not where value comes from. All of you are speaking like you’ve never heard of an economy.
Cryptocurrency is an expanding currency market.
Just like gold, just like credit, just like stocks and bonds forex and futures.
As the market gets bigger and more people believe/invest/rely on it, the share one owns of a more valuable market gains value.
More gibberish; there are plenty of reasons for crypto currency to continue to gain value.
National governments are creating digital cryptocurrencies.
Adoption of cryptocurrency is growing constantly.
Governments are investing heavily in existing cryptocurrencies.
There’s no functional difference, other than more recent and having more capabilities between cryptocurrencies and the “credit” system that everybody accepts as “normal”.
There’s every reason for a successful market to continue being successful while it has adoption, investment, development and use.
Yes, even a new market(as all markets once were).
The fundamental insight that created capitalism and, in turn, socialism is that gold is not wealth, gold is what you use to trade wealth, which is ultimately the eponymous means of production.
BTC didn’t make a single penny of wealth. It’s just a different currency in a world with thousands. BTC actually decreases the wealth of the world by wasting effort and production on a solved problem.
You’re literally 250 years behind the curve set by The Wealth of Nations. It can be individually profitable to stick your wealth into BTC just as it can be individually profitable to trade 4X, but at the end of the day all the people with real money own businesses and land.
Not that they were right to think “money” is a zero sum game. You’re ultimately just both arguing that trading the shiny rocks is what creates value.
Your strategy is to argue against things you pretend other people said?
Have fun.
That you don’t like the assumptions behind your own words when they’re pointed out doesn’t stop them from existing, and that comment is pretty rich considering the context.
You’re debating your own assumptions rather than directly addressing my comments or clarifying what you don’t understand.
You’re going to find it very easy to argue against things you made up, but that won’t make your presumption relevant.
Who cares? You and all cryptobros are still people who will never have even a quarter of what the average baby boomer had at their age, like 7+ children, a home at 19 years old, economic stability, or at least a happy family of four without a college degree. Why? Are they smarter, work harder, or what?
And if they do, they’re just holding them warm for when the Mexican Cartels and bigger countries like China come to take everything they have. Rightfully so too. They suck, they deserve it for supporting a currency that empowers organized crime the most.
Holy crap no, that’s the point.
The baby boomers have more because they had to invest less up front in their generation.
Investors of all kinds have more money because they invested less by investing early. Circumstances change as time passes, and time is always running out.
Speak for yourself, not for others.
You don’t have to be a genius, you have to pay attention to opportunities.
Is that really why you think they have more? Lol. You are funny.
Are you also saying you do have what the average baby boomer had at your age, and this is how you spend your free time? Talking online like this? Damn that’s fucking sad. The world is truly bleak, man. I tell you.
Hold them warm for the cartels. You helped them get armed after all. They love Bitcoin and people like you, because you give them a lot of power. You are like their little slaves, their cookie clickers, building up their future wealth to harvest. What a nice lad you are.
You will never have real power or change in your life. You will never know what it was to live the “American Dream”. Keep sleeping, though. Maybe someday :)
Aw, look, you’re projecting. Guess your life didn’t turn out so well.
Only an American wants to be burdened with the American nightmare. Have fun commiserating in despair with your fellow inmates.
So, you are not American, yet you talk and behave like a MAGA? Why?
You also support the currency “my fellow inmates” used to cripple your country with drugs and more. And it’s still ongoing, because we just get replaced by a new batch of 12 year-olds you forced into that violent environment with your relentless support for the Jeffrey Epstein Class and the currencies they use to do human trafficking and rape behind our backs. That’s the people you empower and support, that’s what you were born for and exist: to please pedophiles and murders.
All that blood is in your hands. My life did not turn out well thanks to mentally-ill monsters like you who value money over human beings. No matter which country you are from, the Mexican Cartel is there, and you are empowering them. Keep it up. I am the only one raising awareness to help you, but it seems you don’t want to be helped. You want to live in a shithole.
So a shithole it shall be. One where you will never experience even a quarter of the joy the average baby boomer experienced at your age no matter how lucky you get with crypto, gambling or stocks. Petty fuck. I value art and a good sense of humor over money, by the way. You got none, so. You are nothing but a waste of time to me.
Happy to crush your sense of aelf-importance.
No, your pedo-kng idol is not as important as you think.
Pretty funny your life turned out so shitty considering how bigoted you are. Very apt.
Obviously…thanks for spending so much time and effort crafting your dimwitted response.
You did not crush shit, brother. You cannot crush shit, you are a worthless cryptobro.
People like you created me. You benefit and enrich the cartels with your relentless support for cryptos. No one here can use that garbage to buy milk or pay mom and pops the bill. It’s fucking worthless just like your fucking life and presence in this universe. It is time we make up for all that harm you have brought upon innocent people. We will take everything you have whether you like it or not.
Bigoted? Me? For shitting on MAGAs like you? You are not a race or anything. You are just trash. Know your place, worm.
And dude, my job is to write. You are nothing but practice. I am using you like a toy I can play and have fun with however the fuck I want. I will do it for all the innocent people you have killed with your support for crypto. All those hitmen and red rooms, guns, drugs, illegal services from the Silk Road that benefited so much from that currency, yeah, go fuck yourself, you imbecile. You got a lot of blood in your hands motherfucker. You will pay for it all.
Lol, you illiterate MAGA peasant.
You definitely need the practice. You’re terribly ignorant, illogical and consistently self-defeating.
Being a “writer” does explain your complete lack of financial and economic awareness.
Yes, more financialization, more speculation, more debt leveraging. Fuck anyone who comes after my initial investment.
As long as I get mine amirite? We’re all doing it. Right?
Those are several different ideas, so no, you’re wrong.
Money isn’t bad and making money isn’t immoral, which is the fundamental misunderstanding that many of you have. If you don’t like money, okay, but if Sandwich Guy 1 sells more sandwiches than Sandwich Guy 2, he makes more money.
There’s no moral judgment beyond your indignant projection. He just has more dollars in his pocket because he sold more sandwiches.
Investor 1 invests before Investor 2, Investor 1 makes more money.
If you get a 50% head start in a race, you’re probably going to win.
So did the money come from investing, or selling sandwiches? You’re not even being internally consistent here.
There are certainly immoral ways to make money, and crypto is one of them.
Fear the immoral…ledger
Have you heard of the coconut island analogy?
nope
It plays very much to your headstart line at the end of your comment.
It goes something like; You’re one passenger on a plane. The plane crashes. You and another person survived the plane crash. This is a deserted island with it’s only resource being coconuts.
This other person has awake from the crash much before you’ve awoken. This person has had the time to collect all available coconuts on the island and has secured them for themselves.
You’re dehydrating rapidly and plead for a coconut from this person to satisfy your thirst. The person offers a coconut, in exchange for some sloppy toppy.
You gonna show them what that throat do? 🌴🥥
This sound like a fair system?
We’re talking about Bitcoin (which has no intrinsic value/usefulness) here. I didn’t realize that wasn’t clear, so I have now edited my comment to clarify that
Yes, cryptocurrency in general. Not Bitcoin specifically, the most antiquated, slowest, least sustainable one there is (you know, given that it was the first, unlike newer cryptocurrencies which were able to learn from its mistakes and make technological advancements, such as not requiring the power of an entire nation just to run them, and not taking some multiple of 10 minutes before the cashier can finally give you your coffee)
You were stuck on a single cryptocurrency, not me.
There are plenty of reasons for cryptocurrency to gain value.
Great work.
This matters a lot more than all that other shit.
Once something gets government backing there’s a guarantor of value for the currency because there will always be an entity that will accept it as payment (taxes, fees, fines, etc). That same entity is also capable of incredible amounts of violence, and can kidnap or even kill people who don’t pay those taxes, fees, fines, etc etc.
The problem with Bitcoin, or any independent crypto that isn’t created by a government backer, is that it only has value because people agree that it has value - they can change their minds whenever they want, and they can’t really enforce the value at the end of a gun.
When a government says a currency has value, they aren’t likely to change their minds and can shoot you if you disagree.