@RealJamesWoods My only question is how did the Islamists also bring down building 7 with such precision without flying a plane into it. Can anyone answer this for me?
@McJuggerNuggets So it’s courageous to keep a Down syndrome baby. Agreed. If keeping the baby is the opposite of killing it, then courages is the opposite cowardly. You and the mother are cowards.
@TRobinsonNewEra Not sure if this is legal in England, but have you considered finding and k*lling them? Given that your country won’t protect you, this seems like your only logical recourse.
@RedWavePress This will be a way for the oligarchs to squeeze the last few drops of wealth from the upper and middle class. Stimulus checks on steroid.
Bottom 50% save on taxes just to turn around and spend it on rent, utilities, food, and Amazon. Gee, I wonder who that benefits.
@chriskent23@OwenBenjamin Kindly provide us a concise explanation then. Owen explained the value of gold, land, and tractors in maybe a sentence each. Can you do the same for the value of BTC?
@bowtiedstocks@KobeissiLetter Whole lot of insults directed your way but not one person actually answered your questions. That’s an answer all in itself.
I wasn’t trying to be sarcastic. I have seen this “BTC requires so much energy” argument many times and am trying to understand it. @theswansjr posted his takes on it in another thread.
The BTC mining energy isn’t really the value as I understand it now. It’s the idea that the ledger system would simply be too costly to corrupt using current computing technology. So the real value isn’t the coins themselves but rather the ledger saying who owns how many coins (or satoshis; not sure how to spell them).
Which makes me think the entire system still relies on the value of a USD (or whichever fiat the BTC owner lives under) to operate. A bitcoin still remains inherently worthless, but it does a fantastic job of saying “you own this much BTC which translates into this many current units.” It seems like a fantastic ledger system but the BTC itself cannot serve as money.
Ok so the argument is that the ledger system uses vast quantities of energy making the ledger secure because attacking that security would require a massive amount of energy (or a new form of computing) making the ledger itself practically incorruptible.
So it sounds like you’re making the argument that blockchains are the most secure way of recording transactions and who owns what amount of wealth rather than making the argument that BTC is in and of itself valuable. It sounds like BTC is a fantastic ledger system built on USD (and other currencies) because it prevents centralized powers from corrupting the ledger in their favor as is done within the global banking system.
Am I understanding this correctly?
@operationbadass@PeterSchiff@theswansjr Can you expand on this thought? I see the BTC crowd reference energy often when speaking about BTC and I don’t follow the logic. How do data center energy needs translate to BTC value? Genuine good faith question.
@StefanMolyneux It would be interesting to see the weight distribution by deciles (90-100, 100-110, etc.) age brackets, and race. I wonder if we’d find an inverted bell curve with healthy women on the left and obese women on the right throwing the averages off.