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111 sats \ 9 replies \ @kepford 22 Oct 2023 \ on: "If all the people around tells you that you’re drunk - maybe you're just drunk" bitcoin
This is one those posts I feel dumb after reading. I mean no offense. It is entirely possible I just dont get the point but this sounds like a lot of nothing to me.
Would the summary of all this be the concerns about security budget? Seems like a looong way to say that. If I'm wrong I'm here to learn.
Yeah, this guy's 6 months from being a full blown shitcoiner. I've seen this exact thing. These guys will come in thinking they're bitcoiners, but will have some academic they're infatuated with. Classic "I'm new to bitcoin and I'm here to fix it" and lots of noobs in general here as evidenced by comments. Lots of really retarded people here in general these days -- special sort of retarded to be on StackerNews as a non-bitcoiner.
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this guy's 6 months from being a full blown shitcoiner. I've seen this exact thing. These guys will come in thinking they're bitcoiners, but will have some academic they're infatuated with.
this guy i.e. professor is not on StackerNews
and I'm in Bitcoin since 2012, lol
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Wow, that makes it even more cringe... have you never asked questions to anyone this entire time?
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I was able not only to pinpoint the lack of free market area in Bitcoin, not discovered or forgot by Satoshi...
(there is no free market between active and passive type of users and noone has denied it so far)
I was even able to propose how to fix it in the best possible way, because with full utilise of the free market, i.e. with the free market discovery and free market setting the natural inflation rate
who should I ask if I'm the most clever, then? ;))
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Yes, Lawrence White, a prominent professor of economics at George Mason University says in the attached article above - about his concerns regarding Bitcoin security budget. He says about it quite straightforward, imo...
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Since when do we listen to "prominent professors of economics"? This whole thread is highly sus to me. Just what problem evident in the year 2023 are you so earnestly trying to address with this? Seems like FUD.
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Since when do we listen to "prominent professors of economics"?
"If all the people around [and not only some single professor of economics] tell you that you’re drunk - maybe you're really drunk..."
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People have proposed that it [Bitcoin] will become the world’s money someday, and I’m saying I don’t see that being very likely. Other cryptocurrencies with a different design that gives them a more stable purchasing power could possibly play a wider role, and of course, stablecoins have grown to play a pretty substantial role
Also this gentleman.
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"People have proposed that it [Bitcoin] will become the world’s money someday, and I’m saying I don’t see that being very likely."
Me: I wouldn't do that without my sureness that something must be done sooner or later with this long-term embedded problem.
Let say, just to make professor seeing it again.
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