Did you like your own tweet? Also, Gold is 12,000+ years old, BTC only 9. give it another decade
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Replying to @MustStopMurad @markfinelli
Like I said, I have nothing personal against Bitcoin. Realistically I just don't see the big picture bitcoin folks are seeing. I'm planning to live way more than 10 years and so I'm looking forward to seeing the monetary playground of that time. Retweeted, common practice.
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Replying to @SamLaakso @markfinelli
I think it's inevitable. It's just better money. A better product. You can only hold off free markets and true demand for so long. And Bitcoin's digital and leaderless nature makes it much much less prone to seizure and control.pic.twitter.com/5Hliv3Fnun
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Replying to @MustStopMurad @markfinelli
Everyones opinion fits in this world. Better than fiat, yes. Better than gold, remains to be seen. I'm used to this. I adressed some real issues in those tweet before which were never countered. Security and energy issues are just the tip of the iceberg imo.
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Replying to @SamLaakso @markfinelli
I don't consider energy a problem. The energy "waste" is precisely what makes the blockchain unalterable and censorship-resistant. With regards to your concerns re: miner centralization, I'd point you to here:https://bravenewcoin.com/news/the-mirage-of-miner-centralization/ …
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the entire financial system can be reimagined on the blockchain and it would probably cost less energy than all the countless banks today as well coupled Gold mining energy expenditures
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Replying to @MustStopMurad @markfinelli
Absolutely agreed. As I see the future: blockchain or hashgraph in big part but that doesn't mean bitcoin will be a part of it or even any of the currently freely traded cryptos. We might see a "Fedcoin" and "Eurocoin". *cold shivers*
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Replying to @SamLaakso @markfinelli
you can't have "blockchain" without an underlying currency. but I don't have time to teach you the basics.
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why store wealth in Fedcoin which expands at 6% per year instead of BTC which will expand at <0.7% per year soon?
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Replying to @MustStopMurad @markfinelli
Because you might not have a legal right to store your wealth anywhere else. Let's just face it, we are on totally different pages in terms of issues vs opportunities. I'm happy to agree to disagree. In ten years or so, we'll see. Happy to be wrong as well.
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quite a totalitarian view. cryptocurrencies are just software. just a database with 1s and 0s. difficult to stop entirely
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