Most of the Bitcoin arguments are pretty absurd for the most part
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Replying to @KingGordonGekko @NickSzabo4 and
Its all based on logical deductions and understanding praxeological thinking. If you have any good counter arguments please share, but so far everything you've said has just been based on a lack of understanding. I'm telling you, go deeper and you might be surprised what you find
2 replies 0 retweets 7 likes -
Replying to @heavilyarmedc @NickSzabo4 and
Still have no answer to why Bitcoin is a store of value, why Bitcoin is better than other crypto when it is already obsolete, why it's not a medium of exchange yet you guys call it money, why high transaction fees are good when there are cheaper alternatives and so many more
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Replying to @KingGordonGekko @heavilyarmedc and
Bitcoin isn’t money, yet. It’s digital scarcity, in the form of entries in an immutable and honest ledger that is being monetized. The market is still trying to find its value via a process of real-time price discovery. We’re not in even in the stable SoV of value phase yet!
2 replies 0 retweets 5 likes -
Replying to @thibm_ @heavilyarmedc and
Bitcoin will never be money. If it was, it would've happened already
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Replying to @KingGordonGekko @heavilyarmedc and
Know a lot of open-source projects that turned from a white paper into $200B market cap in 10 years? Patience is a virtue.
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Replying to @thibm_ @heavilyarmedc and
No but every massive bubble is just the same
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Replying to @KingGordonGekko @heavilyarmedc and
Each cycle’s bottom grow bigger every time, widening the amount of holders not selling their bitcoins. Each top incentives some HODLers to sell, further broadening distribution. Speculation and greed are efficient mechanisms to monetize bitcoin into a store of value asset.
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Replying to @KingGordonGekko @heavilyarmedc and
Lol you’re not open to have a constructive conversation. Goodbye!
2 replies 0 retweets 2 likes
Calling people who believe in sounder and more secure money a cult is constructive? Goodbye to you too!
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