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.
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.