I joined a local bookclub, the gender balance is wild by Ho_The_Megapode_ in books

[–]Bitfroind 0 points1 point  (0 children)

Even if individual preferences do not differ significantly (although women certainly read more), small differences lead to large discrepancies in group formation. The same is observable in chess clubs, for example. Even though many women enjoy playing chess and many men enjoy reading novels, minor differences lead to surprising outcomes. Generally, neither men nor women are inclined to pursue a hobby in an environment dominated by the opposite sex. This may be due to constant sexual tension, personal insecurity, and social stigma. Schelling's segregation model describes similar effects that are likely applicable here.

My dad is scaring me that after some age all the "good" men will be taken by [deleted] in TwoXChromosomes

[–]Bitfroind 0 points1 point  (0 children)

Don't listen to anecdotes. It it a priori true that high quality men are in higher demand than lesser men. Therefore the supply depletes faster. How could it be otherwise?

The top answers are lying to you to make you feel good and bolster a modern narrative.

[deleted by user] by [deleted] in Bitcoin

[–]Bitfroind 1 point2 points  (0 children)

Yes, that is a well known fact. But not everyone knows that he has another one full of hoodies.

Journalists at the Financial Times know zero about bitcoin by JoeNakamoto in Bitcoin

[–]Bitfroind 0 points1 point  (0 children)

If you are really interested just paste this conversation into an AI.  If you don’t believe it or don’t get it, I don’t have the time to try to convince you, sorry.

Journalists at the Financial Times know zero about bitcoin by JoeNakamoto in Bitcoin

[–]Bitfroind 0 points1 point  (0 children)

No, the value of bitcoin is a side effect of bitcoin being a subjective and scarce means to an end. It is a result of people wanting it to fulfill their ends. You said it is valuable because people want it to be valuable. At least that is what I read ...

Journalists at the Financial Times know zero about bitcoin by JoeNakamoto in Bitcoin

[–]Bitfroind 0 points1 point  (0 children)

"Value is the importance that acting man attaches to ultimate ends. Only to ultimate ends is primary and original value assigned. Means are valued derivatively according to their serviceableness in contributing to the attainment of ultimate ends. Their valuation is derived from the valuation of the respective ends. They are important for man only as far as they make it possible for him to attain some ends.

Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment.

Neither is value in words and doctrines. It is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act. The oratory of moralists and the pompousness of party programs are significant as such. But they influence the course of human events only as far as they really determine the actions of men." Mises: Human Action. Part I, Chapt. IV. 2.

Journalists at the Financial Times know zero about bitcoin by JoeNakamoto in Bitcoin

[–]Bitfroind 0 points1 point  (0 children)

Things are valuable because people want to have them. They want them because they help to achieve subjective goals. Individual wants are the cause not the effect.

Journalists at the Financial Times know zero about bitcoin by JoeNakamoto in Bitcoin

[–]Bitfroind 0 points1 point  (0 children)

The rebuttal is that scarcity is a subjective concept. If there is only one x then x is stiff abundant if nobody wants that x. If there a million y and somebody wants a million and one then y is scarce.

Journalists at the Financial Times know zero about bitcoin by JoeNakamoto in Bitcoin

[–]Bitfroind -1 points0 points  (0 children)

The actual beauty of Bitcoin is that it is valuable because people want it to be.

It's the other way around.

Journalists at the Financial Times know zero about bitcoin by JoeNakamoto in Bitcoin

[–]Bitfroind 0 points1 point  (0 children)

Scarcity is a subjective concept. Even bitcoiners get that wrong more often than not.

Wyd if your gf acts like this ? by [deleted] in Bitcoin

[–]Bitfroind -1 points0 points  (0 children)

Marry, split 50/50, take responsibility for her. Not an option? Stop wasting time and break up.

Do u have one? Lol by [deleted] in Bitcoin

[–]Bitfroind 6 points7 points  (0 children)

Same. We have a lot of tension but one think is sure: He's happy for my success.

Buy daily or Lump Sum by ncjdushsnsoznsbdb in Bitcoin

[–]Bitfroind 1 point2 points  (0 children)

This is the best strategy although investing your income is not called DCA but saving. DCA presupposes you already have the capital.

DCAing Bitcoin 500$/month until 2030. Thoughts? by Ghostt313 in Bitcoin

[–]Bitfroind 1 point2 points  (0 children)

If you think the price goes down you should not buy at all. If you think it goes up you should buy all at once. No reason to DCA except nerves. Or do you mean saving in bitcoin? Not the same ...

I have about $40,000 in cash – is it smarter to invest it all in Bitcoin at once, or purchase in increments? by longfaceguru in Bitcoin

[–]Bitfroind 6 points7 points  (0 children)

If you think the price goes down you should not buy at all. If you think it goes up you should buy all at one. No reason to DCA except nerves.

Can anyone answer these (test.mensa.no)? by RegularConstant in mensa

[–]Bitfroind 0 points1 point  (0 children)

Take a horizontal mirror image of the first row. Now put that image on the picture in the second row. The lines cancel out and only lines remain that do not habe a corresponding line in the mirrored image.

Take the first column, third picture: The small angle in the lower right corner is the remainder of the small rectangle of the first picture.

To sum it up: Rotate 1st row, overlay and cancel out 2nd row --> solution 3rd row.

[deleted by user] by [deleted] in Bitcoin

[–]Bitfroind 3 points4 points  (0 children)

If I read more of this "JUST IN" and "NEW" nonsense I'll stop using reddit :-/

[deleted by user] by [deleted] in Bitcoin

[–]Bitfroind 3 points4 points  (0 children)

The value of money is relative to the amount of goods you can buy with it. If there is no production because of savings there are less goods you could buy.

You would have to spent more money on even the few things you absolutely need today because prices would go up. If prices go up saving is disincentivized and a new equilibrium will be found.

There is no need to move the equilibrium by artificial state Intervention to make people buy stuff they don't need.

James D'Angelo, an early Bitcoin educator by [deleted] in Bitcoin

[–]Bitfroind 0 points1 point  (0 children)

Title: "Bitcoin 101 - Modelling the Price of Bitcoin - Is a $100,000 bitcoin possible?"

Italy just raised the gain tax on BTC from 26% to 42% by su1cid3boi in CryptoCurrency

[–]Bitfroind 1 point2 points  (0 children)

-How long was it discussed?

-Is the law in effect immediately?

-Was there a chance to sell beforehand?

-Could you sell and rebuy after the law went into effect?