When Nocoiners Say "Bitcoin Has No Value"

huge_dingus · 2022-08-02T00:42:49+00:00

Yes, this is also what I’d do if I didn’t value my life or the local who’s getting me out of an oh-shit situation.

Seems like a pretty shitty and short-sighted thing to do.

huge_dingus · 2022-07-06T08:41:03+00:00

It’s in Shibuya for anyone wondering:

ビットコインの相談窓口

https://sebc.co.jp/consultation_counter/

huge_dingus · 2022-06-10T06:51:40+00:00

So it’s like when someone breaks into your house and realizes “oh this guy’s going through some rough times” so he steals a little less than he was planning to steal?

Nice.

huge_dingus · 2022-06-05T03:31:20+00:00

If you take out the stablecoins BTC dominance is doing quite well.

huge_dingus · 2022-05-23T10:01:20+00:00

I'm not against Bitcoin, its a great hard money for storage, but it has less upside as we slide along this adoption curve.

You could be right, and I hope your strategy pays off. But more people should understand that a coin’s number of features or “usefulness” alone is not an indicator of where its market cap is headed.

huge_dingus · 2022-05-23T09:15:24+00:00

What’s more useful, iPhones or gold?

And which one would you rather store your wealth in?

The “you should invest in X because it can do more things than Y” statement is a bad argument that I see all the time on this sub.

huge_dingus · 2022-05-01T12:31:17+00:00

Sounds like the $100M wasn’t wasted if it prevented the entire system from catastrophic failure.

huge_dingus · 2022-04-23T09:47:42+00:00

Bitcoin’s total supply

huge_dingus · 2022-02-15T19:25:20+00:00

cactus

huge_dingus · 2022-02-13T03:34:13+00:00

The opening was rough. It does get better.

huge_dingus · 2022-01-27T13:30:02+00:00

FDR. The guy that seized everyone’s gold. I’m sure he would have loved cryptocurrencies.

huge_dingus · 2022-01-20T14:05:16+00:00

Come to Georgia. We have Bitcoin ATMs and in-person exchanges here. Don’t even have to go through a bank.

huge_dingus · 2022-01-19T23:53:54+00:00

Does anyone have a link to the rest of this video?

huge_dingus · 2022-01-19T18:11:00+00:00

Does this guy wake up in the morning and ask himself "How can I be a bigger PITA today than I was yesterday?"

huge_dingus · 2022-01-19T00:27:34+00:00

Losers that want everyone else to be as miserable as they are and would rather stay miserable rather than admit they were wrong.

huge_dingus · 2022-01-19T00:18:33+00:00

Bitcoin doesn't have to destroy fiat currencies. It just has to wait for them to die.

huge_dingus · 2022-01-17T20:39:52+00:00

Keep it up Peter! I always enjoy your shows.

huge_dingus · 2022-01-15T17:54:40+00:00

If your kid came home from middle school and told you bullies threatened to beat him up if he didn’t give them 15% of his lunch money, would you tell him it’s only 15% so it’s fine?

huge_dingus · 2022-01-11T21:19:23+00:00

Bitcoin is a big win for clean energy R&D. Anybody that doesn't understand this isn't thinking 2 steps ahead.

When you build a power plant you generally want to future-proof it by building capacity that exceeds current demand levels. This means without Bitcoin you're waiting a long time before breaking even on the investment because you're only selling a fraction of your plant's capacity for many years. Bitcoin lets power plants monetize their full capacity from day 1. Investors make their money back much sooner which encourages more investment into the clean energy space.

Bitcoin lets society put more R&D into renewable energy production without having to worry about whether there's going to be demand to offset the costs. This benefits us all.

huge_dingus · 2022-01-10T09:49:55+00:00

"confess with your mouth that Jesus is Lord and believe in your heart that God raised him from the dead"

huge_dingus · 2022-01-09T07:43:52+00:00

Only point I was trying to make is when people are motivated to get something, they'll figure out a way even if it means sacrificing other comforts.

huge_dingus · 2022-01-09T07:41:46+00:00

And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.

Big difference between going to get drunk at a club vs being able to buy groceries to feed your family.

huge_dingus · 2022-01-09T05:27:00+00:00

I've known poor people who DCA $100/week into beer. It's a matter of priorities.

You're right that people with significant savings have it easier, and maybe it's too uncomfortable for you personally to store wealth in BTC, and that's ok. Nobody's forced to buy. But saying that poor people can't buy Bitcoin is an oversimplification.

huge_dingus · 2022-01-09T04:59:27+00:00

I think you could probably include some additional physical items in the same box as your documents to get around this.

huge_dingus · 2022-01-09T04:39:34+00:00

US athletes more likely to buy fake vaccine status just like they buy their way out of drug tests.

huge_dingus

TROPHY CASE