that's why in the post i characterized it as a network rather than a commodity

then I appeal to metcalfe's law saying that moar spergs being able to easily buy it and easily buy stuff with it would exponentially drive price, primarily via existing financial infrastructure being copied into bitcoin versions (ie.. atms, index funds, e-store payments)

that's the tldr of the article

word

a phrase

a fart

I feel like if muh biz takes off and I no longer have to do any normal people shit with my time, I will probably become some kind of fitness eceleb just out of autistic levels of interest

@diversity_is_racism what did you do to trigger them?

On Bitcoin?

It's 100% fake as it's not backed by force or connection to force.

Digital force is not getting raped in prison counterfeiting

Or getting killed.

you have a naive "muh objective value" opinion, I've heard it before

it's not really any different than goldbugs trying to explain to me why its value should be $0, not $2700

even though in actual fact it is $2700

evolution favors the least delusional

it really is kind of odd that the world of finance and investing is so full of people insisting that commodity X should be a different price than it really is. How is that not just blatant delusion? Why do they not instead say to themselves, "My beliefs about reality are demonstrably out of accord with reality, therefore I ought to learn more"?

"Bitcoin is worth almost 3000 dollars." "Well it SHOULDN'T BE! > : ( " "Yeah, I get that, but it in fact actually is."

like why not instead take the opportunity to learn more about market economics and try to figure out /why/ the valuation is not what you would predict?

like every time somebody says "the actual market value of X is wrong," what they are really saying is "I have failed to correctly appraise its value, and likely fail to correctly appraise the market value of other things as well"

Heyo

hi

BITCOIN IS INTERESTING BECAUSE IT IS DEMAND BASED

THIS MAKES IT MORE FLEXIBLE IN MANY WAYS, BUT LESS STABLE

I WOULD CONSIDER INVESTING IN IT FOR NOW

BETTER THAN FANG STOCKS

#WHITEPOWER1788

HOWDY @TLC

HOW GOES?

Hi

I'm holding

It goes fine

How you been buddy?

account bailed at 2700, not me

THAT IS GREAT

I HAVE BEEN GOOD

JUST DOING THE USUAL

WHAT HAVE YOU BEEN UP TO?

Ah nice nice

@Deleted User 57835c2c OF COURSE HE DID; HE IS SENSITIVE TO RISK

I'm going to pm you a question