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Someone’s been listening to mallers

I think the change in sentiment that you’re noticing is less “crypto getting popular”, and more that folks are noticing governments and corporations are broke, and regularly robbing you.

Few turn to Bitcoin so they don’t get poor slowly, others turn to crypto and go all-in to high risk gambling 🤷🏽‍♂️

#bitcoin

Every transaction is visible and verifiable by anyone. This makes it very difficult/impractical to use for crime or money laundering.

It’s secured by energy (electricity). It has reached the point where no country in the world can muster enough power to harm the network or break the security.

Happy Holidays, Bsky 🧡

The vast majority of negative media coverage about Bitcoin’s environmental impact came from a single debunked source, amazingly. See this analysis by Daniel Batten:

x.com/dsbatten/sta...

I’m curious, what would you say makes the US dollar or treasury bonds not a faith-based asset?

Also what do you mean by “faith-based”? If I hold my money in a steel bank vault guarded by armed men, am I not placing faith in that? The physical time and energy expenditure needed to breach security?

Yes, they’re lost forever and cannot be recovered. Last time I checked, there’s around 3.8 million Bitcoin that is lost.

The result is the remaining floating Bitcoin supply meets higher demand which increases the price, benefiting everyone on the network.

Folks here are saying that “bitcoin is bad because it’s used for money laundering”.

So, currencies used for money laundering are bad, and should be avoided at all costs. Got it.

Here’s the facts; for clarity, bitcoin is the column on the right 😉

Nations "borrow" purchasing power from their people to fund countless things ranging from innovation/security, to waging endless wars and expanding power

The wealthy in these nations hold assets that gain value over time, while the impoverished swim against an increased current of inflating prices

Haha sure, and the debt nations create to fund wars aren’t ill-gained.

Later, central bank grifter 👋

I've been doing just fine holding Bitcoin, things get cheaper for me. Since you've got a lot of time, I'll save this post and keep checking in from time to time and let you know how it's going.

You seem to keep changing the goal-post. You're not arguing in good faith at all, and it's very clear you live in a bubble, unaware of what people deal with outside of your comfort and luxury.

There's no point in interacting further with you.

You're soooo dense, and I'm tired. I got shit to do, have fun living in la-la land.

The charts and evidence that the production and health of the United States in indeed, *not* increasing.

You wanted evidence, here it is. My personal solution to this problem has been working well for me, I'll just leave you in la-la land in hopes you find the ability to think critically.

In 1971, Nixon announced the decoupling of the world reserve currency, the US dollar, from the gold-standard. A unit of account tethering our economy to reality.

www.wtfhappenedin1971.com

www.usdebtclock.org

^ Last words of any major nation or empire that has collapsed in the last 5000 years.

They always think they're the exception.

check your financial privilege.

"The debt itself has no real-life consequences"

The people of Turkey disagree.
The people of Lebanon disagree.
The people of Argentina disagree.
The people of Venezuela disagree.
There aren't enough characters for me to voice the struggle and pain people have felt due to irresponsible national debt

He casually misses literal next sentence:
"They can forever drain the savings of their own people to fund infinite war, and up-keep of continuous power".

As if this isn't a real-world consequence?

r e m a r k a b l e.