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avatar of @nonsowrites
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@nonsowrites
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2 min read

Lol and the world doesn't need a store of value? I would beg to differ, I think the world is crying out for one, or real estate, bonds, wouldn't be at all-time highs, stocks wouldn't have PE ratios of 1000. People are desperate to hold value over a longer period of time and they're using any financial asset to do it, regardless of its fundamentals.

which people? who are the people most likely to benefit from bitcoin at this point? there are over 3.5 billion people living on less than $2.5 daily, and you think err bitcoin is the solution for those people? Help me understand how this translates to value for the billions of people across the world?

like I have said repeatedly i am more bullish the technology than the coin.

Bitcoin is the pristine collateral, designed to hold value over time and space. If that's boring to you that's fine but then you should have fun being poor then lol

have fun being rich mate.

This is also where I think you're thinking innovation is the only metric that measures money, it's not you're discounting network effect and monetary policy as well as the robustness against change.

all these things can change when another network provides a superior product over time. we have seen this time and time again. it is happening with fiat that has existed forever and it certainly can happen to Bitcoin.

I don't care if you want to shitcoin, but I think you should really read up on things before you throw out baseless claims or repeat tropes from what you've heard from others and not looked at the counters to your arguments

Okay I have tried to keep this civil but I think my comments are not appreciated here so I will refrain from giving my two cents next time. Pardon me, and have a nice day.

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