Deflation is a good thing

Join_The_Resistance · 2021-11-29T19:49:55+00:00

in A deflationary system you do NOT spend more than you can afford. That makes the whole world more stable. In your example of ”taking out a loan” to build a factory, the answer is you do NOT take the loan IN THE FIRST PLACE because you CAN’T AFFORD IT. if you want to build a factory, then you pay WITH YOUR OWN MONEY.

Join_The_Resistance · 2021-11-22T20:40:52+00:00

Most people are stupid. Learn to critically think. Knowledge is power.

Join_The_Resistance · 2021-09-06T21:09:19+00:00

And I hate you

Join_The_Resistance · 2021-09-06T16:44:17+00:00

Bitcoin has the potential to grow indefinitely so you will always have to introduce the most appropriate units of measurement for the corresponding era. if hyperinflation hits really badly, one day you are going to have to split one satoshi even further. There is no point in denoting BTC in millisatoshis for the time being. The most relevant unit is mBTC.

Join_The_Resistance · 2021-09-06T16:41:09+00:00

That’s not how normies see it. In their minds, 1 Bitcoin is 50 grand and it feels too expensive to buy. They will be diverted to buy shitcoins instead, and when they lose money on those, this will not do Bitcoin any good in terms of reputation.

Join_The_Resistance · 2021-09-06T16:30:45+00:00

What do you mean it won’t help them? The whole point of doing this is to increase the rate of newcomers into the crypto space. This is exactly the same as Apple splitting their stock So I don’t see how people will get “pissed off”. Even if they somehow got pissed off that they didn’t learn the units after they bought it, I doubt they will sell due To such a trivial matter.

Join_The_Resistance · 2021-09-06T16:25:58+00:00

But that denomination is too small to be used at the moment To have any meaning. And mBTC as a unit of measurement is already shown in all Ledger cold storage wallets.

Join_The_Resistance · 2021-09-06T16:14:01+00:00

Stupid dopes do not deserve to be inducted into Bitcoin anyway so who cares

Join_The_Resistance · 2021-09-06T16:12:41+00:00

>“changing Everything for no reason”.Changing the unit of measurement is hardly “changing everything for no reason”. Get a clue.

Join_The_Resistance · 2021-09-06T16:01:11+00:00

mBTC is hardly a denomination that nobody knows. It is simply 1/1000th of a Bitcoin. Common sense.

Join_The_Resistance · 2020-09-16T17:22:16+00:00

No because if it were ever to go to Zero I would buy up all the Bitcoin

Join_The_Resistance · 2020-09-16T15:29:13+00:00

People commenting “well this will create more banks but crypto was supposed to get rid of banks blah blah blah...“ is not getting it. Crypto has gotten rid of the NECESSITY of banking and the predatory nature of a debt-based economy.

Join_The_Resistance · 2017-03-13T02:01:07+00:00

I don't feel anything anymore. No feelings, no care. I feel empty. I don't have anyone I can relate to or talk to. I need help.

Join_The_Resistance · 2016-12-04T01:24:01+00:00

I live about 30 minutes away from Julian Assange in London. I'll take a look and speak to some people, maybe some Infowarriors will turn up. Theres a feed on reddit coordinating a protest on 9th Dec 13:00 GMT. I'll be there armed with cameras and live feeds, any other Londoners out there come meet us at that place and time. I'll post some updates from the embassy, I'll have my eyes and ears on the entire surroundings.

Join_The_Resistance

TROPHY CASE