If I had Musk's trillion, I'd actually spend it on something useful, like developing reusable rockets to make space travel cheap instead of just hoarding it all.
It’s 2026 and there are still people out there who think Bitcoin isn’t scarce or valuable because you can make another Bitcoin if you wanted to
These people don’t understand how networks form
Go ahead and make 50 more Bitcoin networks and then watch how no one participates in any of them
It would be like making another Internet; Completely worthless
@d_1awrence Anything around $60k is a still. Sure it might drop to $57 or lower on a wick, but trying to time things perfectly is what get people in trouble
@BrissyBitcoiner Smart investors find undervalued assets, not chase all-time-high tech bubbles that we get every 10 years. Bitcoin is highly undervalued right now, something that usually only happens every 4 years.
@kybaskerville@RonSwanonson Housing prices are over inflated because they are a fixed supply asset for the most part. People use them as a hedge against inflation. Yes houses would probably be much cheaper under a bitcoin standard.
@kybaskerville@RonSwanonson You have been conditioned by the inflationary Fiat system and are apparently incapable to think outside of it. Austrian economists have proven for decades that you don’t need an inflationary currency for an economy to run efficiently (quite the opposite).
@eerfrofxes@RonSwanonson Of all the arguments against bitcoins, and some of them are valid, this one puzzles me the most. You know most currencies are subdivisible right? It would be pretty terrible is all you could obtain is a full bitcoin and NOT be able to subdivide it!