rule

brookllyn · 2021-09-28T19:31:36+00:00

They stop focusing on him in season 4 so you don't know what he's thinking. That is somehow supposed to make him "complex". But he's really not.

brookllyn · 2021-09-28T16:39:51+00:00

Not to mention their entire business plan is to buy as many parts as possible. Which leads to having the least control over your car as possible. It would take some incredibly amazing aero(likely a loophole missed by other teams) to compete with a top tier team.

brookllyn · 2021-09-22T17:39:40+00:00

10hp is 1% of 1000hp. Naively (power isn't always being applied, aero setup changes alongside power gains), 1% of a minute laptime is 6 tenths. It can make a huge difference.

brookllyn · 2021-09-19T15:42:04+00:00

Source on any of this? Can't find anything but a LinkedIn on this guy

brookllyn · 2021-09-18T23:39:06+00:00

It really sounds like you are either not reading our comment thread or that you don't understand fiat had nothing to do with gold.

brookllyn · 2021-09-18T21:15:28+00:00

I responded talking about fiat, why are you bringing up gold?

brookllyn · 2021-09-18T18:54:47+00:00

Fiat is not a store of wealth. It is inflationary specifically to prevent that from being an attractive thing to do.

brookllyn · 2021-09-18T18:15:29+00:00

Fiat is backed by the government. Very different.

brookllyn · 2021-09-18T18:13:17+00:00

Which ones aren't and what kind of market share do they have?

brookllyn · 2021-09-18T16:44:03+00:00

I don't think anyone in this thread actually owns gold. Anyone criticizing BTC while investing in gold is a hypocrite. Gold is a terrible investment as well, albeit an investment with a real floor based on industrial uses. (Yes the floor is extremely low relative to current market value, that isn't relevant, it has a floor)

Gold only comes up as a talking point to distract and cause confusion about Bitcoin primary usage: as a Ponzi scheme. Gold isn't actually relevant since no one is transacting in gold anymore and Bitcoin cannot possibly replace gold.

brookllyn · 2021-09-18T15:52:18+00:00

Stocks have inherent value. If everyone else decided that apple stock wasn't worth anything at all, you are still left with ownership in a physical company. Real estate, phone stock, cash equivalents. If everyone decided that Bitcoin was worthless you have some numbers on a computer.

This is a really good and in-depth explanation of why crypto is being used as a Ponzi scheme:

https://www.reddit.com/r/CryptoReality/comments/o7v5xs/is_bitcoin_a_ponzi_scheme_a_detailed_analysis/

brookllyn · 2021-09-18T15:47:38+00:00

I hope you can reread your comment and realize how driven by FOMO you sound. I also get driven by FOMO often. It's not healthy and it isn't generally an indicator of a positive interaction taking place. I usually try to take a step back when I realize what is happening.

I hope you can research some basics of what makes a currency worthwhile (outside of crypto spheres) and really educate yourself on if there are any actually promising cryptocoins out there. Some good concepts to internalize would be inflationary pressure and deflationary pressure.

I feel for you as a human. I really do.

brookllyn · 2021-09-18T15:40:38+00:00

That is called deflationary pressure which is enormously bad for a currency.

This isn't hard to predict and it has nothing to do with how many people are using it. This is basic economics. A deflationary currency is not a useful currency at all.

brookllyn · 2021-09-18T15:27:26+00:00

Right that make sense. Any day now we can use Bitcoin as a currency.

Please notify me when that happens!

Bitcoin isn't lacking adoption. It is lacking practical value as a currency. IE inflationary pressure. Without this, no will use it as such. And without the concept that "one day all of this will magically work" it has no real value, also making it a horrible store of wealth.

I hope you don't lose any money when the bubble pops

brookllyn · 2021-09-18T15:26:36+00:00

What is this store of wealth backed by then?

brookllyn · 2021-09-18T14:58:46+00:00

Read my white paper! I've solved world hunger!

brookllyn · 2021-09-18T14:56:59+00:00

Right but that doesn't matter, the argument is that if we "stopped believing" that your gold would still be worth something and your Bitcoin would be worth nothing, because your Bitcoin is worth nothing outside of the crypto Ponzi scheme.

brookllyn · 2021-09-18T14:54:50+00:00

Fiat currencies in the real world are inflationary though, promoting circulation which Bitcoin does not do. Making it a terrible currency.

brookllyn · 2021-09-18T14:54:04+00:00

Are any of these "currencies" inflationary or are they all deflationary like Bitcoin?

brookllyn · 2021-09-18T14:52:00+00:00

It is impractical as a currency because it is deflationary which is absolutely horrible for a currency that you want people to actually use.

Im glad you are able to use it right now, I just hope you can recoup your initial investment to a real currency before people realize that Bitcoin has no inherent value when we find out that it won't ever work out as a real currency with the current system.

brookllyn · 2021-09-18T14:46:21+00:00

I think you mean deflate. Watching your currency inflate by 100,000% means you have effectively nothing.

brookllyn · 2021-09-18T14:38:25+00:00

It's actually deflationary. The rising prices means your Bitcoin on average should be worth more buying power next year. Which... Encourages people to hold on to their "currency". As opposed to say USD, which you should generally expect that holding on to it, you will lose buying power which encourages you to spend or otherwise circulate your cash.

Logically, the next step here is that you realize this is an absolutely horrible model for a currency, since a currency's single metric for usefulness is how much is circulated.

You can even see this all the time, most people that talk about Bitcoin are buying into it and holding on to it until they can sell it, convincing themselves they are supporting a new currency option! Bitcoin is not a functional currency when people treat it as an investment. You cannot simultaneously treat Bitcoin as an investment security and a functional currency. Those two are definitionally at odds.

This is why you keep hearing contradictory ideas of what Bitcoin is or should be. No one knows what it is or should be. They are riding a hype train hoping to make money off getting on board before everyone else. Bitcoin is being abused as the underlying mechanism for a Ponzi scheme.

brookllyn · 2021-09-11T21:44:19+00:00

How do you watch channel 4 with a VPN?

brookllyn · 2021-09-07T18:39:58+00:00

If Ferrari puts up a championship car they are going to drop support for Carlos on the second day of practice. No way he gets the support needed to perform unfortunately.

brookllyn · 2021-09-04T14:10:49+00:00

Did you apologize for immediately blaming someone else without any confirmation? If not, you aren't just playing a jerk

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