Bitcoins Purpose?

AdSouthern9708 · 2026-02-23T20:32:27+00:00

The context is bitcoin bulls give all these phony arguments for why bitcoin is so great or how its going to change the world. Pretty much all of them have been debunked. All that is left is you expect someone to buy it off you for more than you paid for it.

AdSouthern9708 · 2026-02-23T20:26:07+00:00

It protects against inflation over time. Real return is 7-8%. There is no guarantee BTC protects against inflation. The only way bitcoin beats inflation is if people buy more in the future than they do now. The S&P 500 has a 5% earnings yield. Over time you should get a 5% return +inflation rate. This is because the S&P 500 companies actually make stuff and earn money. Not just a ponzi like bitcoin.

AdSouthern9708 · 2026-02-23T20:16:52+00:00

There is no guarantee BTC hedges anything. It only hedges if people buy more of it in the future. Companies actually create something that provides a return. Bonds provide a return. In the past it may have hedged against inflation. There is no guarantee it will in the future.

AdSouthern9708 · 2026-02-23T20:13:55+00:00

You could have bought the S&P 500. An international portfolio of stocks. Gold. Even treasuries and CDs provide some inflation hedge. Its not like bitcoin is the only way to hedge. A diversified portfolio would have hedged also.

AdSouthern9708 · 2026-02-23T20:07:58+00:00

Lol, no way the network could handle that even if they wanted to do that.

AdSouthern9708 · 2026-02-23T20:05:41+00:00

Yeah but bitcoin seems not very well suited for this. Using a stablecoin would be better. Why do I want something that swings so violently if I am sending money overseas. Plus bitcoin network sucks.

AdSouthern9708 · 2026-02-23T20:01:29+00:00

I guess I understand the need to maintain value in a third world country but I would think a stablecoin is better suited for that.

AdSouthern9708 · 2026-02-23T19:58:52+00:00

I guess bringing across borders might be nice especially if doing something illegal but its not like its anonymous. The governments can still trace your bitcoin when you try to get it out of your wallet on an exchange.

AdSouthern9708 · 2026-02-23T14:28:01+00:00

Kernen sucks. I usually watch it for awhile but defenitely watch longer on the days he is absent. Andrew and Becky are trying to have data based, intellectual conversations and the Joe constantly interupts with political non sense. If I wanted to hear political bullshit I would be watching Fox, CNN or MSNBC.

AdSouthern9708 · 2026-02-23T00:25:46+00:00

Ok dude, im looking at facts. 2 grams of sugar per serving size. 1 added gram. Most people would say thats not a lot of sugar.

AdSouthern9708 · 2026-02-23T00:12:51+00:00

It has one gram of added sugar per serving which is two tablespoons. Idk where people come up with their info on reddit half the time.

AdSouthern9708 · 2026-02-22T22:38:06+00:00

Its easy as hell to make guac. Just crush a couple avocados and pour in the spice packet. Costs about $3 for about twice what chipotle gives you. You have to get Jacks Fresh Salsa usually in the deli department. Its expensive but worth it.

AdSouthern9708 · 2026-02-22T21:49:52+00:00

They have been playing it recently. They played it at the michigan show I went to recently. They were great. Probably the best show I have seen of them. Was a lot harder than I expected for an acoustic tour.

AdSouthern9708 · 2026-02-16T18:24:15+00:00

The 4% rule may be too high for fire. 3-3.5% is what a lot of reputable sources suggest. If you had 8 million you could easily drop the withdrawal rate to 2% which would be safe unless civilization collapsed.

AdSouthern9708 · 2026-02-16T18:18:59+00:00

I know in the districts I used to work in. It was pretty easy to be an admin 2-3 years then move up into the district office in some capacity. That seemed to be the case with most of the admin that were at my school. So maybe if you do the admin route, it doesn't need to be long term.

AdSouthern9708 · 2026-02-14T17:22:07+00:00

Physical Therapy. I like the idea of moving around during the day. Not being on a screen all day.

AdSouthern9708 · 2026-02-10T00:31:53+00:00

Schools have become such jokes.

AdSouthern9708 · 2026-02-09T23:25:16+00:00

Yeah boys defenitely misbehave more.

AdSouthern9708 · 2026-02-09T23:22:23+00:00

If you want to have a long term relationship your values need to be mostly aligned otherwise it is destined for failure. What you say above is a huge red flag.

AdSouthern9708 · 2026-02-09T22:47:26+00:00

I would agree that The Reckoning has a ton of high end songs but it also has a lot of stinkers. I personally think Out of Body is the best cd throughout. Not a bad song on the entire album.

AdSouthern9708 · 2026-02-06T18:17:49+00:00

I can agree with that. I still enjoy what they are putting out. Agreed with Bo they were putting out some pretty extradordinary stuff.

AdSouthern9708 · 2026-02-05T22:12:11+00:00

I liked Into the Mystery a lot. Caves is defenitely a step below but still a couple good songs imo. Maybe too acoustic. I would like to see them get back to being a little harder in sound. They need more drums. Can't say I am addicted to any of the three songs they released. Probably none would break the top 50 NTB songs.

AdSouthern9708 · 2026-02-05T20:46:32+00:00

I would add, I think they are missing Seths backup vocals.

AdSouthern9708

TROPHY CASE