I'm just willing to look at history beyond some arbitrary point to try to win an argument. You are absolutely correct, if you ignore the parts of the past that don't agree with your pre-conceived notions, then you are right. Unfortunately for you, history doesn't care about where you choose to make arbitrary lines.
aiccount
joined 2 years ago
You've completely misunderstood as others have pointed out to you. It's great that you want to learn about this stuff, but you have a long ways to go before you are at a point to talk authoritatively about it. The best thing for you to do now is to set aside all your preconceived notions and start from the beginning with an open mind. There is no point in talking authoritatively before you spend some time learning.
It's remarkable that anyone would think sam said that or thought that. It's like there is a whole other universe where 3rd and 4th hand sources are treated like 1st hand.
It is hilarious that this was removed. Anyone can see what i wrote by replying to the comment. Please mods, explain what rule i broke.
You caught me, I'm an evil bot that has been programmed to evilly trick humans into doing things that will make them money. Over 99.999% of people who have bought bitcoin and held onto it are profitable. Ooooooo scary!!
Lots of people spend currencies that go up in value. Believe it or not, people sometimes want stuff now instead of the possibility of stuff later.
It is steadily growing over time. There were people who ridiculed it and said nobody would ever want it, and it would never be worth a dollar.
It makes sense that you didn't know what a Satoshi is. In fact, you may still not know what it is. There are 100 million satoshis in one bitcoin, so one satoshi is 0.00000001 BTC.
Yeah, there have been lots of predictions for bitcoin and people trying to guess specific time periods. I don't get into all that.
I just think it is badass to be able to hold value in something that nobody can counterfeit, I can instantly and privately transfer it. I can use it on amazon, Walmart, airbnb, Expedia, and a bunch of other places. I can carry it on my phone with me and protect it even from physical phone thieves. and on top of being totally awesome, it has steadily gone up in value as more and more people all over the world realize how cool it is. It is like an awesome game of spoons where we all end up winners because we all have a much more convenient form of money.
The people who use bitcoin think in Satoshi now. There are many wallets and exchanges that allow you to denominated in sotishis. mBTC is another common denomination that people use and think in.
It is true that bitcoin is starting out volatile, but it is still so early when you consider how long major currencies usually last. Things should settle down more and more as it becomes a larger and larger percentage of the economy. I bet gold probably started out pretty volatile, considering some people knew to value it and others didn't.
You're going to have your mind blown when you find out that Islam came out of judism. There was a time when there were many jews and literally not a single Muslim on the planet. Christianity and Islam are groups of x-jews that murdered, raped and destroyed anything in their path. They pushed jews out of the land. I know this is all impossible to you because in your made-up world, nothing existed before the 1940s. That's just what happens when you are so against learning, it puts you into wacky made uo worlds that make no sense. The thing you hate is the thing you defend, you just can't be bothered to look at things from a deformed and chopped up world view. It makes sense, complexity takes effort.