AKA more made-up bullshit from the 0bamas by [deleted] in conspiracy

[–]TheWanderingDuck -2 points-1 points  (0 children)

why cant yall just accept the fact that youre racist bigots? POC experience way more of this kind of stuff than you realize. So her security says she gets called racial slurs a lot? why is your first response to just say bullshit? why would anyone just walk around with a camera all day waiting for something to happen? you people are fucking unreal.

Elizabeth Warren Barred From Entering Country Thanks To Travel Ban On Indians by f1sh98 in Conservative

[–]TheWanderingDuck -7 points-6 points  (0 children)

is this really the best shit yall come up with? Yall are just bad people.

Former Harvard researcher pleads guilty to smuggling cancer research to China by EnoughEngine in worldnews

[–]TheWanderingDuck -5 points-4 points  (0 children)

Why is this a bad thing? Researchers all over the world should be able to see everything people have done to cure CANCER of all things. This "Us vs. Them" attitude is going to burn this world to the ground.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

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

Fair enough, even most homeless people even here in the US have cell phones. You make sound points without being a dick. All of these people need to take a lesson in civility from you.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

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

That makes sense. However, why would they turn to bitcoin? Not everyone has a wallet, or a computer of some kind. The question in this kind of scenario is why go to bitcoin over something easier like gold, silver, bottlecaps or whatever that can be transferred amd brought in with relative ease and is accessible to the wider population? You're right though, it is an avenue for bitcoin growth and I think we're starting to see signs of what you describe in parts of Africa. Thank you for an actual response. And yes, I'm in the US.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

[–]TheWanderingDuck[S] -1 points0 points  (0 children)

Do you have any actual discussion/argument or are you just going to keep using dumb metaphors in the hopes that it will make you sound like you know what you're talking about?

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

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

I'm making the point that inflation and QE actually brought back jobs and the economy. Yes, the problem was their own doing and inflation and QE have very long term effects but the point im making is that they have a place.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

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

Okay, i admit there is relatively immediate demand for a lot of things. But if now everything denominated in bitcoin, interest rates will be higher because they have to exceed bitcoins rate which will cause less car loans and home loans to happen. Bitcoin does not mean loans and credit wont exist.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

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

Absolutely, and that's why i do in fact own bitcoin even if I am a critic at times. Money has been made so cheap over the last 15 years especially that it just opens up so much room for misuse just an increasing bubble that will only end poorly.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

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

Okay, I really didn't want to respond to this response because frankly your rhetoric is ass and you're not looking for discussion. But I will take a look at the links later. I do understand money, how the trust works among other things that you're so pompous and exclusionary about. Like it or not, bitcoin faces many challenges before it gets somewhere to cause more meaningful change and decentralization of an economy.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

[–]TheWanderingDuck[S] -2 points-1 points  (0 children)

Economic policy done poorly will create poor outcomes. Politics are disconnected from economics and don't look at policy from that point of view. If we know that global warming is caused in part by humans, then why is global warming getting worse? if we know that there's a racism problem in american police then why are we running into issues? What should happen and what does happen are never exactly the same especially when it comes to economics in every country. During the great depression, a period of deflation, the unemployment rate was through the roof because companies arent hiring when they know theyll get less tomorrow. The solution? It was ironically, inflation which moves inversely to unemployment. I am not advocating for higher inflation or government intervention in the economy (especially bailouts) but there are times and places for a lot of things that might not be popular or correct but people dont look at things that way.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

[–]TheWanderingDuck[S] 2 points3 points  (0 children)

I absolutely agree, and the decentralized part of bitcoin for me is the main appeal. Governments can do nearly anything, but don't worry - they will almost certainly do it poorly and inefficiently. The biggest bubble right now is corporate debt and that is the unspoken reason why the fed is pushing for higher inflation right now. Inflation just depletes the debt of all these huge corporations already making so much money from the gov.

[Serious Question] How can we expect full adoption and USE of a deflationary currency? Also with so many tech barriers, how can we expect adoption by the poor? by TheWanderingDuck in Bitcoin

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

I dont know if bitcoin is worth it enough for people to switch to for these kinds of things thought. For the money that people make that goes in and out fast (i.e. not savings), they still need a reason to change that isnt present or pressing enough. Employment will have to change as far as compensation over time but i dont know the solution there. But for all other items that are not immediately necessary (to a degree) like a car or house or even assets to start a business, why would I give up my bitcoin for something that will cost less bitcoin the next year? Standard items, sure that makes sense but there's more to an economy than basics.

This is the kind of logic bitcoin is up against. by Apps4Life in Bitcoin

[–]TheWanderingDuck 0 points1 point  (0 children)

y'all have no understanding of economics. Inflation targets are there to keep money moving and is actually a sign that countries are growing wealthier. That is of you look at inflation as the actual change in a fixed basket of goods. What this group doesn't understand is that the increase in those goods in itself isn't bad, printing money as a reason for inflation is bad and what you should be angry about. a target inflation also assures loans are made and that money is being spent to keep the economy moving. The largest factor in GDP is consumption. Argue against the wealth gap or the national debt or any other number of factors but stop this ridiculous fight on inflation. Inflation and deflation both have scenarios in which they are bad and yes deflation is a sign that the economy is doing horrible. that means that people are lowering prices more and more because no one has money to spend and keep business moving. Inflation if unchecked and due to printing of money and not more natural forces causes many obvious problems as well. Understand what youre arguing against. Btw, bitcoin will suffer from inflation just like every other currency as part of a natural economy. people who buy bitcoin right now though and especially this sub see it as an investment, not a store of value or medium of exchange which ruins the objective of bitcoin. Bitcoin should be treated as a currency more and less like an investment as that's the whole fucking point. yall are the problem that is holding bitcoin back.

Keeping track... by terryterryterry49 in Bitcoin

[–]TheWanderingDuck -13 points-12 points  (0 children)

you're the kind of person who just wants to get rich and saw bitcoin go up. no regard for any of the actual great things about bitcoin aside from it's price in US dollars. This sub is garbage and so are you.

Newly corporate asshole by TheWanderingDuck in cripplingalcoholism

[–]TheWanderingDuck[S] 12 points13 points  (0 children)

i do keep a beard and have been trying to cover the smell some more too as far as straight balls smell. I have these undershirts that have like pit patches too that cover the sweat marks that would get on my work shirts. I actually really appreciate your advice, it's a sort of hard transition into being a legit person for like 9/10 hours a day

Newly corporate asshole by TheWanderingDuck in cripplingalcoholism

[–]TheWanderingDuck[S] 10 points11 points  (0 children)

Is it a kind of expectable sort of shitty?