“it needs to be viewed as a separate asset class from the rest of the crypto markets.”
Oh, just believe it’s something else, yes, that’s going to work. In the name of the hash, the decode and the digest. Satoshi’s kingdom cometh! 
Lunacy… without the Luna off course… that one already went down the drain.
Imagine a word so depraved, so desperate for richness… yes, we’ll all be rich like in 1929 someone already said. The market will correct, and the bitcoin will be the [whatever is craved by then].
Decentralized economy doesn’t work either.
NFT’s aren’t trusted by the general population. [ NFT Sales Are Flatlining - WSJ ]
I know, I know everything but BTC and Lightning is a scam. And why do I have to look into it and then ask about “Hey, why do they say McDonalds accepts BTC when they do that ONLY in El Salvador?” So many questiosn, so many elusive and angry answers… I guess the ‘good guys’ are only loved in dictatorships ?! Clown world.
Bill Gates now really dislikes all crypto.
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My view is that it is becoming an inflation hedge, currently the people who have invested large sums of money in BTC are selling their investments, Once this process is complete there won’t be any “get rich quick” investors in BTC and these strange CEO’s wont have anyone to manipulate.
The current price of BTC makes it more accessible to low income investors who want to build crypto savings.
Damn, you’ve fallen for this “get rich quick with BTC” hard, I know you didn’t invest anything but I can see that it is stuck in your opinion and almost impossible for you to change. At some point you will have to calm down and realise the levels of manipulation out here.
The only problem I see is that too many people put their trust in the likes of Do Kwon and Mahinsky who seem determined to squeeze 20% interest out of nothing. When I speak about this to my non-investor friends as soon as i mention the 20% straight away they say “Huh, hows that possible then?” So how can non-investors understand this and others cant?
Is that the same Bill Gates who tried to create a crypto currency back in the 1990s? He tried to purchase a currency called Digicash and link it to all copies of Windows 95. Bill Gates was prepared to pay $100m to make this happen but was rejected by Digicash.
Would Bill Gates be saying the same thing if his Digicash venture worked? Is he being genuine or is he bitter because he didn’t come up with the Bitcoin idea that many follow? Also he has paid little Tax on his personal and business money, You and I have to fully pay our Tax on personal and business right? so what makes Bill Gates special that he doesn’t have to?
I’m done being manipulated by these people. I’m happy to spend many hours learning to gain a full understanding so I can better avoid it.
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Haha, what next, you will say that walking on the sidewalk is a gamble? Because the asteroids are unstable on their orbits and some may eventually hit the earth where you are walking?
Of course, but who cares. There is a risk to everything when you see it that way, but what will keep value? Eventually nothing may keep it, from things that are valued today. Value of something is in itself an idea that can vanish over time. Energetic capacity of material may be valued, but what if you dont even need that material?
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Ignoring that the US Dollar is losing value FAST simply isn’t a solution. At least BTC actually exists and is the strongest contender which has rigid and strict rules and cant be printed.
Ignorance is bliss huh, carry on.
You know we are all in trouble when people have to pretend and critisize the only solution on the table without putting any other solution forward.
What are you talking about, its more stable than bitcoin, A LOT. 
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Watch the news bro, look at the grim faces of the people who manage the dollar.
You would have grim face too if you would announce those news. They are serious. Consequences will be more unemployment, budget cuts, etc. Its a grim situation for everyone, that they cant live above their level anymore. The reset is about to start.
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Their faces are grim because they caused it and have no clue how to fix it.
I assure you they know and they have to. But how willing they are is another matter.
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Bitcoin isn’t decentralized economy. The decentralization is required to make sure no centralized entity that can control the consensus rules.
Bitcoin is just free market money. It doesn’t change anything about the economy directly. It will however have an effect in the long run, because we now have hard money that can be transported around the world and verified in seconds. We did not have that before, that is why the gold standard eventually failed and got distorted into the trash of a monetary system we have now.
What the article talks about is Defi, which is mostly ■■■■■■■■ in my opinion. I haven’t seen a single application that makes actually sense.
Ask the people who said that. I don’t feel like I have to answer for random dumb ■■■■ you find on the internet
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Not in it’s supply. As for the value, Bitcoin is currently getting monetized. All assets monetary or not have high volatility if they get monetized. The important part is that the volatility is to the upside over a long period of time (~4 years).
First, bitcoin is not economy.
Second, you dont have to control anything, you dont have to own it, when there is better thing around that you can own. Then you play on your own rules.
Bitcoin is for those desperate people who think they can get rich by doing nothing, only hodling into infinity something that nobody else really needs. And gamblers. Ah, and exchange owners. All of them want to get rich of the greater fools than they. The wisest have already left with bags of dollars. They will live easier lifes, while the rest hodling will wait for their occasion for year and years, some may never see any profit.
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I’m not sure if you are following the convo.
Bitcoin is actually for people who want to avoid inflation. It’s no one’s fault but your own for believing what the manipulators tell you.
You’ll have to accept getting rich from an investment is wildly different from trying to maintain a good value for the currency you own. You still believe Bitcoin is for people trying to get rich when you can see clearly with your own eyes it’s not going to happen, all of them are failing some have lost their life savings.
Isn’t it obvious BTC is not for the purpose of getting rich?
As I said, I’m done being manipulated. Nobody will make me think BTC is for desperate people who want to be rich.
Yes, I can see it clearer now, BTC isn’t for the massive company that wants to avoid inflation, they will just liquidate when times are hard, it’s not for the million dollar private investor either, they will also liquidate when times get hard… BTC is for the little guy who wants to save up $50 per month and have their savings maintain a good value.
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And it doesnt protect people from inflation.
The BTC price does not matter, people convert a certain amount of real-money into the crypto. Then what? Exchanges do not offer interest. And anyone putting small amounts of money on it will loose micro amount for every transaction. Plus this year, I only saw one day there was a slight “growth” in the value.
Low income investors should not be greedy you say? If this isn’t a ruse to get poor people’s money, can you explain the guarantees and customer protections besides “In X years you’ll be like a gorillionaire.” ?
Yes, strange most Bitcoin exchanges promote it that way, I would promote it with “get poor slow”. But then any day the rug gets pulled and you’ll tell me “See! you were completely wrong there. Also, with it’s 1 Satoshi for 0.000000001 dollar, people can easily invest! This is the chance for those who missed the train in 2009!”.
People are desperate, what does a scammer do? Find the weakest, desperate people to leach off.
Yes, so he’s knowledgeable lol. Well, I have to say I do take Bill with a few packs of salt but to the average person he does come over as knowledgeable.
No idea, apparently there is an open system that is not adopted by a trillion of scammers… Not sure why. Weird huh? GNU Taler - Wikipedia
That is good, always be vigilant and make sure to understand systems.
I ignored the ruble falling down, and it survived without BTC! Is that some kind of magick?
No, better not do that, they might be intelligent but their faces aren’t always a sight to behold!
Rather look at the smiles on the people who sold their crypto and are now rich while they have no worry in life due to it not being regulated. However, the FED is now going after them. It’s not legal to sell with pre-knowledge. Some people honestly tought crypto was excempt from the law. But it’s not. The net is closing in.
Sorry to hear but it’s not that at all, it’s not verified, lol. That’s why it’s fast.
But, they are scammers. They don’t have time to talk, they need to steal the FIAT money of the poor people. If anyone really liked crypto they would not sell it at all because if they did, they would get poor. Right?
I remember the ruble getting monetized not too long ago. lol.
The non important part is that the volatility is to the down side for OVER A YEAR NOW. But yeah, I guess that’s good because another group of criminals were caught doing crimes built upon the crypto-system. That’s not monetizing, but like I said before, if it is that exclusive, why does every poor person need it? The contradictory statements and the clear obfuscations are annoyingly obvious.
NO, it is not, but I guess if you repeat it enough it will become that?
It is clear that BTC makes a small percentage of ultra rich people much richer and has taken a lot of money from middle class and poor people. That’s a fact.
Sure, with a coin that is not regulated and no consumer protection? The poor guy who’s an expert in economics? If he is… how is he so poor?! I think it’s quite conflicting.
Do you have any explanation for why it’s not or is this just a mandatory pre-programmed response?
If the value is driven by supply and demand and not someone in the government then what else could it be useful for?
The fact the value of BTC is based on supply and demand due to the 21 million limit, has been presented to you many times and you still don’t seem to get it. A limited currency that nobody can print will be valuable to an economy. That is just plain facts. Hate that fact all you like, confuse, manipulate and lie if you must. that will never change the core facts.
You’ll come to understand the above sooner than you think, if we put things into perspective, you are on here supporting a currency where the managers of it have no idea how to fix it. They will print more just to get their bills paid. The issue is people like you are manipulated into thinking this is okay so you will argue with anyone presenting a different way.
It seems we need protection against the regulator.
Regarding the 21 million limit to BTC, does any other currency have this limit? Why design it this way? why not put a 100m limit on it? Can you really not see it’s intended purpose?
Let’s take a typical Chair…if we analyse a Chair and look at the design of it we will get clues on how it should be used. So we come up with “Chairs afford sitting”, we don’t look at the design of a chair and say, oh we can use it as an oar or paddle.
It’s the same with BTC, look at it’s design… what does it afford?
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Imagine you have an ever expanding market. You will run out of money. It’s not useable as a Monetary currency, The EU and Russia understood, maybe you didn’t. It’s ok, you can keep repeating that countries with the smartest financial teams are adopting bitcoin and I will reply to you the ones accepting Bitcoins are the ones WHO HAD TO STOP USING THEIR OWN CURRENCY BECAUSE THEY WERE BAD A CONTROLLING IT. Yes, for them BTC is less bad than their own currency, but any other fiat currency would be good too as long as it’s in the hands of capable financial experts.
El Salvador had to use the USD. FACT.
Although the IMF warned Bukake, El Salvador adopted BTC and they lost money. And I hear you say “Well, that’s ok BECAUSE THEY CAN PRINT IT… rofl. First they print it, then the printing is hidden under “transactional feeing”. But Dude, they can INVERT printing billion dollar bills by just printing 'millionth of Satoshi” bills. And yes, that’s not “literally” the same, it’s the inverse yet it does not help as people would be paid less to compensate or companies would just fail to make profit and go bankrupt.
Supply and demand are a nice punchline but seriously, that is the exact leverage rich people have to control it. Your friend George Soros is most famous for a single-day gain of $1 billion on Sept. 16, 1992, which he made by short selling the British pound. 5 At the time, England was part of the European exchange rate mechanism (ERM), a fixed-exchange-rate agreement among a number of European countries.
Google and you will find every expert going “IT IS NOT! …but it can be, if you believe!” That’s religion, not economics.
They are just financial experts that rather keep the system good so the average person isn’t scammed out of their value. They propose actions including printing money to make sure the economy doesn’t go straight into “the tragedy of the commons”. Because people that run businesses would do anything for profit thus would cut off the branch they sit on to get some extra wood to sell to IKEA. Your solution is that they use lightning and BTC so they will not use wood to make furniture. Okay, Not sure if I can eat from a table made of BTC or Etherium.
I don’t come here to defend the few good that try and save the economy, I certainly am not here to help the corrupt officials who fill their pockets. However I am here to stop people falling for an obvious scheme wrapped in a scam commerialized as the currency of the future.
It affords oligarchs to profit from people who can’t stop churning through completely unneeded calculations. ONE, just one Bitcoin transaction takes 1,544 kWh to complete, or the equivalent of approximately 53 days of power for the average US household. Do you see an issue with your solution? Probably not, but many people do. It is not sustainable. But then the “But dewd, look at my kewlzors lightning network, it does the transaction without verifying, it goes faster.” Well, that is absurd to use. But I guess in a non-professional world somehow this looks not a total failure. Kinda like a cult.
You’re not even aware of the scheme you’re in, how can you be equipped to tell anyone anything about schemes?
If this were true then the dollar wouldn’t have lost 86% of it’s value over 4 decades. They are financial idiots who are in fact scamming everyone out of the value out of their money.