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0 sats \ 1 reply \ @LibertasBR 6 Jun \ parent \ on: Let's Talk Solomon's Points: Has Bitcoin been captured and what is going on? bitcoin
I said it there, your argument is speculative. ‘If by chance all the addresses were corporate speculators’, they’re not. ‘And in 100 years when the block reward is very low’, speculating based on a post just a few hours old. ‘Everyone will be holding and not moving’ based on something you pulled out of your ass. ‘Then miners won’t have incentives to keep the network running and it will be unprotected’ — if if if if. That’s not an argument here or in any language.
If my grandma had wheels, she’d be a bicycle. That’s the level of argument I saw in your post.
If that IF were really so worrisome, the network would still be protected by the miners; the network’s protection is defined not only by the incentive of fees and rewards, but by the protection of the coins already obtained. Trying to presume what the network will look like in the future just to make it fit your awful argument only makes the pile of nothing you wrote even worse.
My argument is based upon what has already happened and observable trends and absolutely does not depend upon 'all addresses being corporate speculators'- it is based instead upon MoE use being sufficiently obstructed to prevent network effects which would result in Bitcoin MoE growth presenting a credible threat to fiat MoE dominance.
My argument does not rely upon 'Everyone will be holding and not moving'- it only relies on MoE use being sufficiently obstructed to prevent network effects which could result in Bitcoin MoE presenting a threat to fiat MoE dominance.
You can ridicule ANY argument by misrepresenting it, by exaggerating/parodying it, but that is not a credible reasoned refutation. It is a cheap trick.
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