It seems the sarcasm was lost...the nature of text based replies...
We are not ALL trying to do something. Bitcoin is pretty straightforward after the learning curve. It is money. It is a payment network. It is code.
I am not trailing anyone, or anything. By using the phrase "outpace" you are categorizing bitcoin as a traditional investment, and comparing it to all the other traditional investments. I agree completely that bitcoin does "outpace" all the other traditional investments, albeit with the risk and volatility. However, I do not try to correlate, or compare, anything to bitcoin because it is the first invention of its kind. I treat it as its own category and have spent years refining my material to explain this to people new to the idea.
Contrary to who's or what belief, about the foundation being more solid? I have always stated that the foundation of bitcoin is nearly indestructible. It is the people, and all their flaws, that cause the cracks in the societal use of bitcoin. The code itself is solid, and I have always said so. The bitcoin foundation is more solid than gold or real estate because those are both physical items that are at the risk of societal and environmental changes. Bitcoin however, lives in code, and does not have that risk.
The unpredictable factor, is yet again, your attempt to bring bitcoin into the traditional investing world. Bitcoin is absolutely predictable: tick tock next block. At year 2140, no more mining, halving every ~4 years or 210,000 blocks.
What you are referring to as being unpredictable is the price of the bitcoin. Fluctuating market conditions are a construct of a man made markets, subject to manipulation. People do not follow their self interest, they follow emotions. Emotions are always manipulated. It is rare and disciplined investor than can forego emotions and make decisions as logically.
Bitcoin maximalists do not reveal 100% of their portfolios because, just like traditional financial professionals, they do not want to be subject to scrutiny. I will bet a majority of bitcoin maximalists also hold a diverse, well rounded portfolio of traditional stocks, bonds, own businesses, real estate, etc.
You are telling people to become bitcoin maximalists, and the artwork in your posts suggest a cult like obedience. I am suggesting people become educated, informed, well rounded, diversified.
Delta Charlie
npub1aq…vmhkh
2023-08-29 13:56:15
in reply to nevent1q…gn88
Author Public Key
npub1aqxs793kps5eanmvnse97at6nc975pg6e0c6tjzxq700x0jzdl7qvvmhkhPublished at
2023-08-29 13:56:15Event JSON
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"content": "It seems the sarcasm was lost...the nature of text based replies...\n\nWe are not ALL trying to do something. Bitcoin is pretty straightforward after the learning curve. It is money. It is a payment network. It is code. \n\nI am not trailing anyone, or anything. By using the phrase \"outpace\" you are categorizing bitcoin as a traditional investment, and comparing it to all the other traditional investments. I agree completely that bitcoin does \"outpace\" all the other traditional investments, albeit with the risk and volatility. However, I do not try to correlate, or compare, anything to bitcoin because it is the first invention of its kind. I treat it as its own category and have spent years refining my material to explain this to people new to the idea.\n\nContrary to who's or what belief, about the foundation being more solid? I have always stated that the foundation of bitcoin is nearly indestructible. It is the people, and all their flaws, that cause the cracks in the societal use of bitcoin. The code itself is solid, and I have always said so. The bitcoin foundation is more solid than gold or real estate because those are both physical items that are at the risk of societal and environmental changes. Bitcoin however, lives in code, and does not have that risk.\n\nThe unpredictable factor, is yet again, your attempt to bring bitcoin into the traditional investing world. Bitcoin is absolutely predictable: tick tock next block. At year 2140, no more mining, halving every ~4 years or 210,000 blocks.\nWhat you are referring to as being unpredictable is the price of the bitcoin. Fluctuating market conditions are a construct of a man made markets, subject to manipulation. People do not follow their self interest, they follow emotions. Emotions are always manipulated. It is rare and disciplined investor than can forego emotions and make decisions as logically.\n\nBitcoin maximalists do not reveal 100% of their portfolios because, just like traditional financial professionals, they do not want to be subject to scrutiny. I will bet a majority of bitcoin maximalists also hold a diverse, well rounded portfolio of traditional stocks, bonds, own businesses, real estate, etc. \n\nYou are telling people to become bitcoin maximalists, and the artwork in your posts suggest a cult like obedience. I am suggesting people become educated, informed, well rounded, diversified.\n\n\n",
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