One by one crypto exchanges are suspending withdrawals, obviously they don’t have the fiat cash to fulfil obligations. The prize was always fiat cash not BTC.
Crypto youtubers getting exposed for promoting scam coins.
@stefnia_Freir you want to ignore an entire movement where the focus is privacy online, cypherpunk which has lots of followers, They have been trying to break the double spend issue for decades, Why can’t we just leave cypherpunks alone to use BTC among their community? Non cypherpunks are involved as investors which is where the problem is.
I’m going to move on from the back and fourth with you, I’m only interested in truth and fact, Satoshi is clearly a Cypherpunk simply because of his actions and the people following have made it crystal clear who they are, Satoshi is obviously a privacy specialist as nobody on the planet seems to be able to identify exactly who he is, If this doesn’t demonstrate a clear objective in his motives then I don’t know what will.
Ignoring proven information will only lead to falsehood and confusion.
Normal people who do not have the views of a cypherpunk really should mind their own business and leave bitcoin alone, leave the cypherpunks (they most definitely have a use for it) alone to build the value in BTC, let it be their currency. I don’t have any privacy concerns currently so my only exposure to BTC will be if a retailer I want something from demands it, other than that I will never ever hold or trade it.
Also I don’t feel positive about the way I contributed to all of this by mining with my GPU’s, just to think all I was doing was supporting greedy investors/salesmen in making their fake coin values.
If I ever mine a coin again it will be called “Honest Coin” where nothing is hidden and there’s no one trying to build a fake value from it by getting millions of people around the world to buy for it investment. this coin will only support honest privacy/transfer.
How is a public ledger “private”?
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This video explains that question very well., I really enjoyed it.
No. You say something stupid : I focus on that . Because your argument are as strong as the weakest part of it. That’s the beginning of making a serious discussion : to make you acknowledge your mistakes. There is no discussion when your only answer to people pointing out at your stupid comments is “come on man lets move on”.
You claim that BTC is not ponzi BECAUSE otherwise people could prove it from the code. This is a nonsense, because this requires the false assumption that BTC is ONLY code.
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Let’s analyze this answer ;
A Ponzi scheme can maintain the illusion of a sustainable business as long as new investors contribute new funds, and as long as most of the investors do not demand full repayment and still believe in the non-existent assets they are purported to own.
The code itself isn’t the scheme, it’s the think that looks legit. It is just like the the legitimate arbitrage of international reply coupons for postage stamps.
It seems you supported Epstein’s activities. See, I can make up unfounded assumptions too.
I just am amazed how each time you try and defend BTC you make it look even worse than it is… by actually insinuating in your rebuttals that it is a ponzi scheme…
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But this is the only argument you have, are you seriously trying to convince people of your claim based on just that? Do you think a room full of intelligent people would suddenly agree with you based on you saying 2 lines? Your expectation of what a conversation is isn’t realistic. You’ll need to provide something more than that, is there a youtuber who is saying exactly what your saying? Is there any journalist saying word for word what you are saying and giving in-depth reasoning which is more than what you typed above?
The floor is absolutely yours and you have my attention, If you can’t do this I think you should move on and find another aspect of the conversation to talk about because it will mean nobody in the world agrees with you.
Do you have a full understanding of what source code is? Don’t you know without it the system will not have a function and that a system can only function within the parameters of it’s source code? You’re not explaining yourself well at all and I can’t understand your view even if I tried.
Look in the end it doesn’t really matter how you label it in your head, it won’t stop Bitcoin from becoming the world reserve currency.
That whole post and I can simply say “I agree with him.” and Aaron’s post content is completely moot and ridiculous.
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Well, about that…
he tried to reply but he could not stop the truth
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It’s like the TV station telling you that people are leaving the internet because it’s just a fad
More like Prodigy or Compuserve declaring that they were the future of the internet just because they were there first.
Ok Agreed.
Who are the ones pushing “Buy Bitcoin, Buy Bitcoin”? real talk okay no more ■■■■■■■■.
Who are the ones pushing “Bitcoin will explode into a high price”?
Could you forward this to @stefnia_Freir ?
BTC is for cypherpunks? are you and I cypherpunks? Nooooooo, so why are we here discussing it? I’ll tell you why, because there was a promise of large amounts of money from people, not a computer system based on lines of code.
Compuserve are the proprietary insular payment solution like Venmo, Paypal, Revolut while Lightning/Bitcoin is TCP/IP, an open standard.
They will all onboard to Lightning/Bitcoin in the end, just like Compuserve, AOL and MSN became regular internet providers
Cash App already did, and Robinhood has announced it.
It reminds me of how everybody used to trust Google with their data.
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Hmmm, I’m not sure this is going to happen. too many people will take a gamble on this happening which will create unrealistic value from lots of people holding it in order to profit. when/if the economy goes bad all of these people will attempt to cash out and get back their fiat money.
I haven’t committed to this view, I’d like to explore it further. Lets say it is the worlds reserve and many countries buy and hold it, crypto exchanges will always need to be in a position to buy it all back from a country and also the value could fluctuate wildly if this does happen, ultimately I think the value of any prospective world currency would need to be stable.
No, anyone can read it and decide for themselves if I’m right or wrong.
No idea, I doubt SBF is a cyberspunker but he handled a lot of BTC. BTC is a means to an end and I’m sure it will not be the reserve currency and if it is, at that point the world will be in a second dark age.
I’m going to think on this a little more before I come to a conclusion, Generally I’m going to go back to the beginning and get a full understanding of Satoshi and delve deep into the reasons why he created BTC. BTC simply must be a result of Satoshi’s desire to solve the problems that fiat money has, so I will seek out the views of people who have a lot to say about the actual code as well.
My first question; if BTC was a tool designed in direct response to privacy concerns about governments, could it really be a currency that a government stores much of their value in?
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Awesome idea, get as much information as possible.
I’m just here for the entertaining posts. 
Governments want to make sure trade is conducted in a fair way. So BTC isn’t going to make it as it cannot be controlled.
Because otherwise, manipulators will cause things like devaluations.
Aaron hates this man, because that man devaluated Aaron’s money with one simple trick!
https://cs.stanford.edu/people/eroberts/cs201/projects/1998-99/financial-transactions/large_investors2.htm