You know the main reason people even consider things investments that are terrible is because they are less terrible than fiat.
I hear people say this is a shitcoin and that is a shitcoin and really they aren't. I have a car but its a tool. I have a house but its a house, not an investment. There is value in the utility of a thing. I have computers. They are shitcoins when you think about how they hold their value but if you think about them as a tool to build and earn wealth they aren't.
Calling everything a shitcoin can be fun but it also can be dumb lazy thinking. If we had a strong and sound money like Bitcoin used by a large percentage of the population you would see a drastic change in people's spending behavior. Suddenly they would be far less likely to spend their money on crap. Producers would be forced to make goods worthy of bitcoin. But thats another topic.
Another thing I thought of after commenting is that many people buy many things just because they like them. This can be due to taste, wealth, or stupidity. Its very subjective. Most things people buy I do not buy. I have no desire to buy a new car. Its stupid to me. They are over priced and lose value immediately. So I buy well kept used cars. Many other examples.
A lot of these "shitcoins" help you build a more productive/fulfilling life, which is ultimately what determines what's a true "shitcoin" and what isn't imo. Gotta ask how it adds value to your life
gotta shitpost sometimes tho lol, can also bring out some good gems like what you've said here
main reason people even consider things investments that are terrible is because they are less terrible than fiat.
well said, these so-called investments are a way of "spending" too, because people know their money would lose value if they don't do anything; On the contact, all we need to do is learn how to protect and well-spend our sats in Bitcoinlandia.
It's a weird clout ("look what I got") + get rich quick ("look at my getting potential") swamp monster.
I had dinner with a childhood friend a few years ago. Her son (15) was super into it. I had so many questions. For him, it was all about The Flip - getting something rare at a reasonable price that other people with relatively impaired access would pay a lot for.
He described a world of bots buying out entire stocks of items instantly when dropped. He was even paying to use bots. I tried to convince him the real money was in creating the bots but that's always a hard sell; "hey young blood, you know what's better? getting extremely rich slowly and painfully."
Most of this stuff is just a weird status<->economic live-fire game I think.
"It's big and shiny and improved with no room left for me to move prostrate to this unending grind sure, you'll make a lot of money, l but you'll never make time" -The City is a Drag
Cities can be great I guess but on the whole they are overrated. Some are great to visit and I get why some people love them but they aren't for me. It seems to me that there is a point at which a city begins to fall under its own weight. Seems like there is a size (not sure what it is) at which they start to fall apart. They don't scale basically. When you hit an issue like that you should build a new one some where else. Distribute the people basically. I like smaller cities a lot more than larger ones but rural is my favorite.
The shitcoin that really gets my tits up is government tenders, there are so many complete morons who spend all day long applying for every stupid thing like providing toilet paper to government buildings and charging a stupid amount for it, and governments just sign off on this because well it's not their money why should they care, they probably get kickbacks under the table from the vendor and then they claim its job creation
Diamonds
big shitcoin energy
You know the main reason people even consider things investments that are terrible is because they are less terrible than fiat.
I hear people say this is a shitcoin and that is a shitcoin and really they aren't. I have a car but its a tool. I have a house but its a house, not an investment. There is value in the utility of a thing. I have computers. They are shitcoins when you think about how they hold their value but if you think about them as a tool to build and earn wealth they aren't.
Calling everything a shitcoin can be fun but it also can be dumb lazy thinking. If we had a strong and sound money like Bitcoin used by a large percentage of the population you would see a drastic change in people's spending behavior. Suddenly they would be far less likely to spend their money on crap. Producers would be forced to make goods worthy of bitcoin. But thats another topic.
Another thing I thought of after commenting is that many people buy many things just because they like them. This can be due to taste, wealth, or stupidity. Its very subjective. Most things people buy I do not buy. I have no desire to buy a new car. Its stupid to me. They are over priced and lose value immediately. So I buy well kept used cars. Many other examples.
i am guilty of buying things i like, pls no harm ser
100%
A lot of these "shitcoins" help you build a more productive/fulfilling life, which is ultimately what determines what's a true "shitcoin" and what isn't imo. Gotta ask how it adds value to your life
gotta shitpost sometimes tho lol, can also bring out some good gems like what you've said here
well said, these so-called investments are a way of "spending" too, because people know their money would lose value if they don't do anything; On the contact, all we need to do is learn how to protect and well-spend our sats in Bitcoinlandia.
Idk man I like cars lol not a good investment but certainly can be fun
well ... do the reveal ... what kinds of carcoins are you into?
Sport sedans are kinda my thing. Not super into old cars, though some are cool. Really I just enjoy driving and can enjoy most anything
$oldtoyota4runners69inu
Learnt recently that in Iran people are buying cars as an hedge against inflation.
Shitcoins!!!!!
I do agree tho
It's an energy.
https://cdnph.upi.com/svc/sv/i/1031617732507/2021/1/16177328345130/Mans-collection-of-7095-Funko-Pop-figurines-earns-Guinness-record.jpg
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/11/1862/1012/02-DJ-Khaled-Airbnb-Portrait-Bedroom-Credit-Erick-Hercules.jpg?ve=1&tl=1
https://bloximages.chicago2.vip.townnews.com/thestar.com/content/tncms/assets/v3/editorial/4/27/42776b11-36d5-5102-9305-a7cff63b6612/63ea2a962eea0.image.jpg?resize=1200%2C792
Sneakers are a huuuuge one. I never understood the whole hypebeast culture
It's a weird clout ("look what I got") + get rich quick ("look at my getting potential") swamp monster.
I had dinner with a childhood friend a few years ago. Her son (15) was super into it. I had so many questions. For him, it was all about The Flip - getting something rare at a reasonable price that other people with relatively impaired access would pay a lot for.
He described a world of bots buying out entire stocks of items instantly when dropped. He was even paying to use bots. I tried to convince him the real money was in creating the bots but that's always a hard sell; "hey young blood, you know what's better? getting extremely rich slowly and painfully."
Most of this stuff is just a weird status<->economic live-fire game I think.
let people live :)
this is a very good way to think about it
Cities are shitcoins.
As my man Hawksley Workman said:
"It's big and shiny and improved
with no room left for me to move
prostrate to this unending grind
sure, you'll make a lot of money, l
but you'll never make time"
-The City is a Drag
100%
tokyo's pretty fkn cool tho I must say
Cities are great to visit.
yes, great to visit but not to live.
Cities can be great I guess but on the whole they are overrated. Some are great to visit and I get why some people love them but they aren't for me. It seems to me that there is a point at which a city begins to fall under its own weight. Seems like there is a size (not sure what it is) at which they start to fall apart. They don't scale basically. When you hit an issue like that you should build a new one some where else. Distribute the people basically. I like smaller cities a lot more than larger ones but rural is my favorite.
Reddit karma, upvotes, likes, retweets (or is it re-X's now? or maybe that's Elons's name for his next kid?)
bro's naming his kids like lines of code
Fiat
jewelries can be pretty to look at tho?
yes could be pretty but not a real use case. I prefer to admire real flowers or nature instead some jewelries.
not my pokemon cards ser
The Entire Surveillance Economy.
Give me your information for the convenience!
Let ZUCC make a profile with your AI Avatar.
Never mind the long term damage we do to you your children and their children!
zuccin the life outta us
Bitcoin Stocks
Bitcoin Mining Stocks
Bitcoin ETF's (IOU's)
your mom
nah shes worth more than all 21 million
https://i.pinimg.com/originals/f5/fa/ec/f5faec92acb0aac1ab4f77a209b30287.jpg
perfect smuggle slot for the cold wallet
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#1259056
Lithium ion batteries.
The shitcoin that really gets my tits up is government tenders, there are so many complete morons who spend all day long applying for every stupid thing like providing toilet paper to government buildings and charging a stupid amount for it, and governments just sign off on this because well it's not their money why should they care, they probably get kickbacks under the table from the vendor and then they claim its job creation
USD
GBP
EUR
CAD
AUD
YEN
RUB
The list goes on.
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just gonna leave this here...since when did 5 figure weddings become the AVERAGE? (in the US at least)
https://i.imgur.com/Y0JLnfR.png
what a waste of time and money, I prefer stacking more sats.
https://gcdnb.pbrd.co/images/WT3SpuF8rjEd.jpg?o=1
NJ spending almost 2 BTC on a typical wedding
hurts to type
and then they might do a bank loan to buy a fancy house too?
fr though, why should these ppl have to pay off that debt?
The gov isn't exactly leading by example if that's what they expect people to do
LOL good one!
I see many couples today seeing the weddings as big businesses. Sad.
It is, and everyone's wedding is almost the same, like a standard packaging services.
Mine was a $200 donation to a free chapel and I think we paid the judge.
I'm curious what would be the most natural way for people to be together?
@DarthCoin wen darth love story time.!
Darth love story in one picture
https://i.postimg.cc/6QCggL6S/darth-amidala.jpg
shotgun wedding seemingly more like the way to go
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