Buffett and Gates are becoming frightened of Bitcoin. Tell people to stay away.

You draw your own conclusions by listening to why others don’t like something.
No, I draw my own conclusions by thinking for myself and completely disregarding what others say or think... What you said is precisely the way mindless door knobs, who have no opinion of their own, do.
Your only hope to profit is by finding a greater fool.

Listening to other people's opinions and going by them was and always will be the way greater fools are found. There is no other way... The only weapon one has to avoid being a greater fool is thinking for oneself and ignoring other people, regarless of who they are.;)
 
No, I draw my own conclusions by thinking for myself and completely disregarding what others say or think... What you said is precisely the way mindless door knobs, who have no opinion of their own

Weren’t you quoting ayn rand in another thread?
 
Weren’t you quoting ayn rand in another thread?
Yes. I was. Not only her, but also Milton Friedman, Hayek and others? Why?

Quoting one person is one thing, ACTING blindly based on other people's opinion(staying away from btc and telling people to do the same because WB and BG said so) is another.

And I don't agree with everything these people say. I happen to agree with most of it, but with a few things I don't. And that's the thing, I don't believe in something simply because Milton Friedman, Ayn Rand or anyone else says so. If it really makes sense to me, individually, I will assimilate it. If it doesn't, I discard it, regardless of whoever says something.

By the same token, even Marx got some things right and I wouldn't deny it simply because he was the father of socialism.:)

I don't care about people, I care about ideas. Specifically ideas which make sense to me, personally, and for that, I trust only my own judgement, not anyone else's.;)
 
I'm sorry at what point did I mention credit card transactions I said wire transfers.

Visa does a lot more than credit/debit card transactions, including mobile payments and person to person transfers.

Bitcoin might be a waste of electricity but other cryptos aren't and can handle more transactions a second.

True.
 
Yes. I was. Not only her, but also Milton Friedman, Hayek and others? Why?

Quoting one person is one thing, ACTING blindly based on other people's opinion(staying away from btc and telling people to do the same because WB and BG said so) is another.

And I don't agree with everything these people say. I happen to agree with most of it, but with a few things I don't. And that's the thing, I don't believe in something simply because Milton Friedman, Ayn Rand or anyone else says so. If it really makes sense to me, individually, I will assimilate it. If it doesn't, I discard it, regardless of whoever says something.

By the same token, even Marx got some things right and I wouldn't deny it simply because he was the father of socialism.:)

I don't care about people, I care about ideas. Specifically ideas which make sense to me, personally, and for that, I trust only my own judgement, not anyone else's.;)

So you don’t completely disregard what other people say like you suggested above. You are a mindless knob.
 
So you don’t completely disregard what other people say like you suggested above. You are a mindless knob.
It seems you can't read. Poor guy... That's OK. No more time to waste here.

Have a good one!... It'll probably be tough to earn money someday trading for someone who can't even read...

Good luck with that!:)
 
The absurdity of btc is beyond words.


- Decentralized? Bull shit.. 4% of addresses own more than 90% of the coins;

- Don’t trust the government? Yeah right, rather trust a faceless nameless ‘Satoshi’?

- Proof of Work? Complete waste of resources. Fed can issue fed coins tomorrow and blow BTC and doggie coins and the like away… Fed coins issued 1 for 1 to replace the USD.

- Top 1% owning too much of world’s wealth? How much does top 1% of the bitcoin whales own? And this faceless Satoshi, he deserves 5% of the world’s wealth if bitcoin ever becomes a mainstream currency?

- And who gave the rights to the early miners to get coins for pennies per, while today you have to spend $1000s?

- And 21 million is a good thing? If the entire world’s wealth is 21 million gadgets, priced at 1 btc per gadget… and in the future the wealth increases to 42 million gadgets, now the price drops to 0.5 btc…. That is called DEFLATION! This means people will just hoard coins, all commerce and investments will die…. There is a reason that the Fed has a 2% inflation target.

- Wake up people! Think for yourself for a minute. The absurdity behind bitcoin is beyond words. Most of you folks didn’t experience the 2000 bubble and therefore have no idea and you can’t see a bubble in point blank range… open your eyes!
yes open your eyes and not your arse hole.
 
...
- And 21 million is a good thing? If the entire world’s wealth is 21 million gadgets, priced at 1 btc per gadget… and in the future the wealth increases to 42 million gadgets, now the price drops to 0.5 btc…. That is called DEFLATION! This means people will just hoard coins, all commerce and investments will die…. There is a reason that the Fed has a 2% inflation target.
...
Won't die, it will decrease, but people will still need necessities.
 
No, I draw my own conclusions by thinking for myself and completely disregarding what others say or think... What you said is precisely the way mindless door knobs, who have no opinion of their own, do.


Listening to other people's opinions and going by them was and always will be the way greater fools are found. There is no other way... The only weapon one has to avoid being a greater fool is thinking for oneself and ignoring other people, regarless of who they are.;)
Nothing to be learned from others?
 
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