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Of course. It's bitcoin. Maybe TCC has a thread taking about crypto applications.
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# ? Jul 27, 2024 04:43 |
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HELLOMYNAMEIS___ posted:I must admit that I have used Bitcoin for international money transfers. It's pretty nice compared to the normal international bank wires, but that's precisely because nobody uses it - otherwise, the 7 Transactions Per Second thing would not allow me to gain a time advantage. Source your quotes
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jre posted:Source your quotes
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Magrov posted:here you go
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Sniep posted:i htink its all piss
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The Management posted:has bitcoin solved a real world problem yet? yes, it helped ensure that sociopath drug kingpin and attempted murderer ross ulbricht is no longer a threat to innocent lives
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The Management posted:has bitcoin solved a real world problem yet? It is what it was meant to become. Ok. YouTube was meant to be a dating site. Sometimes the creators are on to something without nailing it the first time. Bitcoin is a phenomenal store of value, that doesn't need to be used to purchase coffee any more than flecks of gold on a scale at the register need to be used to purchase coffee.
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bitcoin is amazing in the sense that you ask "what is bitcoin/what's its purpose" to butters and no one will give the same answer
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how is something that's dropped over 3k in a week a phenomenal store of value
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Soricidus posted:yes, it helped ensure innocent website creator and all around good boy ross ulbricht is put in a cage by men with guns
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Boxturret posted:how is something that's dropped over 3k in a week a phenomenal store of value Ya, maybe. If BTC dips I can buy more before the general public understands what absolute scarcity means. If it pumps I make money. Win-win. Don't care.
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is it a store of value? is it a currency? is it stock? all of them? none of them? who knows! just pour all your life savings into it
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Boxturret posted:how is something that's dropped over 3k in a week a phenomenal store of value In the same way that a strainer is a phenomenal store of water
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also something that you believe will undergo an asymptotic rise to multi billions of dollars isn't really a good store of value either
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lol "scarcity" who the gently caress cares there are many, many things that are scarcer than bitcoin. liike i dunno, someone probably preserved a turd pooped by john lennon. is it an even better store of value that bitcoin?
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i can literally download the bitcoin code and change the max value of 21 million to 21. did i just create a store of value a million times better than bitcoin?
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Suspicious posted:i can literally download the bitcoin code and change the max value of 21 million to 21. did i just create a store of value a million times better than bitcoin? Yes
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klafbang posted:And BTC has the BWM thread, where butts also come up. wonder why that is
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Its like gold. Is gold a rogue currency too? That its digital, and can therefore compete with fiat currencies (unlike gold), is what has everyone scared of this stuff.
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fuckin lomarf
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Vanity Fair has a nice piece on QuadrigaCX https://www.vanityfair.com/news/2019/11/the-strange-tale-of-quadriga-gerald-cotten no new news, but collects it all in one place for a general audience
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browsers castle posted:Its like gold. Is gold a rogue currency too? That its digital, and can therefore compete with fiat currencies (unlike gold), is what has everyone scared of this stuff. currency? but i thought it was a store of value! browsers castle posted:It is what it was meant to become. Ok. YouTube was meant to be a dating site. Sometimes the creators are on to something without nailing it the first time. Bitcoin is a phenomenal store of value, that doesn't need to be used to purchase coffee any more than flecks of gold on a scale at the register need to be used to purchase coffee.
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Suspicious posted:currency? but i thought it was a store of value! Oh you mean Bitcoin? Ya that's Bitcoin.
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browsers castle posted:absolute scarcity Bitcoin Bitcoin Cash Bitcoin SV Bitcoin Gold Bitcoin Diamond Bitcoin 2 Bitcoin 21 BitcoinHD BitcoinDark Bitcoin Green Bitcoin Red Bitcoin CZ Bitcoin Classic Token Bitcoin Scrypt Bitcoin Interest Bitcoin Rhodium Bitcoin Atom Bitcoin Confidential Bitcoin Private Bitcoin Incognito Bitcoin Turbo Koin Bitcoin Fast Bitcoin X BitcoinX BitcoiNote Bitcoinus eBitcoin Lightning Bitcoin LiteBitcoin Super Bitcoin First Bitcoin Wrapped Bitcoin Tonal Bitcoin Bitcoiin
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Sham bam bamina! posted:post the linear scale, that was the best one ![]() couldnt find the updated version...
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Boxturret posted:Bitcoin Nothing competes with Bitcoin. There's nobody behind Bitcoin; this is principal part of the value proposition. Anything that comes next will have people behind it. Bitcoin is of the internet, crypto startups are just people trying to print their own money.
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browsers castle posted:Nothing competes with Bitcoin. There's nobody behind Bitcoin; this is principal part of the value proposition. Anything that comes next will have people behind it. Bitcoin is of the internet, crypto startups are just people trying to print their own money. look at this heretic denying the existence of satoshi and his millions of teeth
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....wait do you think bitcoin was spontaneously generated and is self maintaining ![]()
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til goons are almost as bad as redditors at recognizing sarcasm and fakeposts browsers castle is not a sincere bitcoiner
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...! posted:til goons are almost as bad as redditors at recognizing sarcasm and fakeposts says you .."craig "satoshi" wright".!
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Magrov posted:
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...! posted:browsers castle is not a sincere bitcoiner I care. I have some. Just not so much that if the price does one thing and not the other, it matters for me. Too many people need the price to do one thing and not the other - those people will have to take a loss and leave the space before we can see a recovery.
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i don't care about the price. all we need is for the people who care about the price then we can finally reach a trillion dollars a bitcoin
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browsers castle posted:Ya, maybe. If BTC dips I can buy more before the general public understands what absolute scarcity means. If it pumps I make money. Win-win. Don't care. browsers castle posted:Nothing competes with Bitcoin. There's nobody behind Bitcoin; this is principal part of the value proposition. Anything that comes next will have people behind it. Bitcoin is of the internet, crypto startups are just people trying to print their own money.
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divabot posted:Vanity Fair has a nice piece on QuadrigaCX thanks for the link, that made a narrative out of all the random quadriga news bits that have happened over time that I’d completely forgotten the intersection with the krassenstein brothers was a surprise laugh too lol
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I respect this new thread for refreshing the lol well with coin believers
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Iron Prince posted:I respect this new thread for refreshing the lol well with coin believers Agreed. I'm going to invest $1 into bit coin right now. If it does take off to the moon as said, that's 238,900 mi from earth, and I live in Denver, CO at mile high altitude, so I should expect a cool 240k ez bucks if this ever does actually take off.
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divabot posted:Vanity Fair has a nice piece on QuadrigaCX you sure are posting a lot for someone who’s dead, “david” gerald cotten
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Soricidus posted:you sure are posting a lot for someone who’s dead, “david” gerald cotten This sounds like someone who would invest in MilkCoin
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# ? Jul 27, 2024 04:43 |
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browsers castle posted:It is what it was meant to become. Ok. YouTube was meant to be a dating site. Sometimes the creators are on to something without nailing it the first time. Bitcoin is a phenomenal store of value, that doesn't need to be used to purchase coffee any more than flecks of gold on a scale at the register need to be used to purchase coffee. gold is also a purely speculative asset whose value could plunge at any moment why on earth would you use that as your model
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