A communist, would you say?
Jack Dorsey’s departure from Twitter gives him more time to focus on his passion for bitcoin
- Thread starter johnarb
- Start date
A communist, would you say?
Yeah, that is a lie. Just because it is legal, that doesn't mean a WHOLE country is using it.
That guy, "jack" @ twitter, has made himself so many enemies out there by unfairly censoring thousands, if not tens of thousands, of people with alternate views, censored by his company twitter.com and backed by this very guy as the then CEO...
He's IMO one of those bootlicking libtard wanna-be-wokie leftists w/o any own principles...
He's IMO one of those bootlicking libtard wanna-be-wokie leftists w/o any own principles...
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I think he's gone off the rails a bit with this whole bitcoin thing, look at him now compared to when he was a normalish CEO, plus bitcoin has been around for 12 years yet for the "next big thing" it doesn't seem to be used in everyday life, I don't know anybody who uses bitcoin to regularly buy everyday things and don't think it will ever be a universal currency to be transacted with, it's mostly hoarded by whales who act like ponzi scheme promoters (Winklevoss) plus govs will never allow it as the central currency, CBs will all come up with their own digital stablecoins and crypto will continue life in the background as backdoor payments for gamers, gamblers and criminals.
That's not to say blockchain tech isn't real, just that current crypto valuations aren't sustainable imo like these maxi's have us believe we're in some new fantasy paradigm of ever-increasing prices plus the future of currency?? it's diverged very far from what Satoshi initially planned it for, now the biggest bubble in our lifetimes imo.
I think this standard is way too high. All bitcoin needs to do is become a nonsovereign, uncorrelated store of value (aka how institutional investors use gold) to continue to increase in price (by a lot). Very good case to be made that its way better than gold as this. Missing this bitcoin trade because you don't think it will be a transaction currency (which I actually agree with at this point) is the wrong way to think about it IMO. Also the market is clearly telling you that its wrong as well.
Also how long are we going to call this a bubble if it never truly pops and always comes back? Its been 13 freakin years, what bubbles last this long?
Maybe it isn't a bubble
Maybe it isn't a bubble
Surely this is commonly said at the peak of bubbles...
Right but people have been saying it since at least 2013. How long is this peak going to last?
Something something irrational something something solvent.