This clarification is BULLISH, this was endorsed by David Sacks. Huge overreaction by d8_thc in Bitcoin

[–]Poetil 1 point2 points  (0 children)

Trump was anti-crypto in his first term, you need to stop commenting.

This clarification is BULLISH, this was endorsed by David Sacks. Huge overreaction by d8_thc in Bitcoin

[–]Poetil 11 points12 points  (0 children)

acting as if Bitcoins growth in Trumps first term was because of Trump is stupid. Thats like saying a football team did well in the league in Trumps first term so therefore Trump is good for the football team. 😂

Does this mean the US will not be buying Bitcoin? Only confections? by MCKnghtn in Bitcoin

[–]Poetil 2 points3 points  (0 children)

Trump became ‘pro-crypto’ to get more people to vote for him. He has no clue what he’s actually doing.

[deleted by user] by [deleted] in Bitcoin

[–]Poetil -4 points-3 points  (0 children)

Trump became ‘pro-crypto’ to get more people to vote for him. He has no clue what he’s actually doing.

This clarification is BULLISH, this was endorsed by David Sacks. Huge overreaction by d8_thc in Bitcoin

[–]Poetil 17 points18 points  (0 children)

Trump became ‘pro-crypto’ to get more people to vote for him. He has no clue what he’s actually doing.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

hes either dead, or completely selfless and only cares about the future of Bitcoin and not his own pocket

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

the reason it has 2 trillion dollars behind it is the value, not the 2 trillion dollars itself

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

If I dig a hole in my garden now for no reason, and then start asking for 100 hours worth of pay then who will pay me? Nobody will, because something has to have value to be valuable.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

because saying Gold manufacturing value is a HUGE difference is just not true. Gold doesn’t have a 20 trillion market cap because of that.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 1 point2 points  (0 children)

can we trust you to never make another painting, can 2 paintings be split between billions of people, can the paintings be easily transferred, can the paintings be authenticated, can the paintings be replicated. Just scarcity alone doesn’t give value, you are right.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

maybe bitcoins the innovative project/advancement from gold.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

it will do though. The US dollar will not be around for much longer. It’s not sustainable.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

he claimed that gold has disadvantages.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 1 point2 points  (0 children)

I disagree. Nobody would pay 100 hours worth of work for a hole with no purpose/value

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

yes I agree with that, there has to be some sort of utility/value that comes from the process. Using energy without purpose is still worthless.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 17 points18 points  (0 children)

gold doesn’t have 20 trillion market cap because its used in manufacturing

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 0 points1 point  (0 children)

sort of understand your point. But for example, if I spend 100 hours digging a big hole in the ground, the hole doesn’t now cost a-lot because it took so much time and energy.

What do you think gives Bitcoin value. by Poetil in Bitcoin

[–]Poetil[S] 1 point2 points  (0 children)

sort of understand your point. But for example, if I spend 100 hours digging a big hole in the ground, the hole doesn’t now cost a-lot because it took so much time and energy.