• 0 Posts
  • 38 Comments
Joined 1 year ago
cake
Cake day: July 11th, 2023

help-circle
  • It is steadily growing over time. There were people who ridiculed it and said nobody would ever want it, and it would never be worth a dollar.

    It makes sense that you didn’t know what a Satoshi is. In fact, you may still not know what it is. There are 100 million satoshis in one bitcoin, so one satoshi is 0.00000001 BTC.

    Yeah, there have been lots of predictions for bitcoin and people trying to guess specific time periods. I don’t get into all that.

    I just think it is badass to be able to hold value in something that nobody can counterfeit, I can instantly and privately transfer it. I can use it on amazon, Walmart, airbnb, Expedia, and a bunch of other places. I can carry it on my phone with me and protect it even from physical phone thieves. and on top of being totally awesome, it has steadily gone up in value as more and more people all over the world realize how cool it is. It is like an awesome game of spoons where we all end up winners because we all have a much more convenient form of money.


  • The people who use bitcoin think in Satoshi now. There are many wallets and exchanges that allow you to denominated in sotishis. mBTC is another common denomination that people use and think in.

    It is true that bitcoin is starting out volatile, but it is still so early when you consider how long major currencies usually last. Things should settle down more and more as it becomes a larger and larger percentage of the economy. I bet gold probably started out pretty volatile, considering some people knew to value it and others didn’t.







  • Yeah, except I have no agenda. I just find it interesting that people who act like a disgusting regime is somehow doing the lords work because they are shutting down millions of people from having discussions because people don’t like musks’ childish attitude. It’s just that it is hip to see who can hate musk the most. X is a popular way to immediately get what you want out to millions of people. Some governments don’t want people to openly discuss things, and siding with stopping discussion is disgusting.













  • Climate change is a separate issue.

    It would be fantastic if people being abused by corrupt politicians and currencies was niche! It’s not though, there are hundreds of millions of people struggling with it. Billions depending on how you count it. It is a disease of the 1st world to be unable to accept that not everyone has the same privileges they enjoy. Human beings are literally starving to death and dying decades early due to poverty, Bitcoin is literally keeping them alive. Spoiled brats want them to die because they saw a headline that tells them to parrot that Bitcoin is bad. Where is your outrage over Christmas lights? How about video games? These things don’t save lives and transform existences like safe money does.

    Nearly everyone who has bought Bitcoin and held are up, it has outperformed every stock, every currency, every investment on large enough time scales. Give me a volatile currency that goes up in value over volatile currencies that utterly collapse. Where is the outrage over the lira? Or any other currency that is down to 5% of itself that people are “supposed” to hold according to you?

    There is a very good reason that you don’t have answers to these. It is because all you know on the issue is that you are not supposed to look to deeply and you’re supposed to mindlessly repeat that Bitcoin is bad without having any idea why. You are allowed to research, you are allowed to make your own decisions, you are allowed to talk to people in the 2nd and 3ed worlds. You are allowed to travel to these places and talk to people. Nobody forces you to repeat their BS, you just have to decide that you want to learn and then put in some effort.