Thread 61116529

Why do cryptofags complain about FIAT and inflation caused by the feds creating money and at the same time support a completely imaginary token to replace FIAT that can literally be created out of thin air and it's apparently not a problem?

>>61116529 (OP)
kek
> a completely imaginary token to replace FIAT that can literally be created out of thin air
It can not.

>>61116529 (OP)
They have not gotten out of the matrix yet.

>>61116529 (OP)
You need to work on your ragebait chud

>>61116529 (OP)
I'm getting rich because I bought silver.

>why are idiots idiots
you tell me. deflationary currencies have more issues than inflationary ones. going back to gold makes more sense than btc, and it avoids the shady scam shit of the crypto market.

or just buy stocks and houses and take money from rentoids like an adult.

>>61116810
There are cryptofriends that say that FIAT currency has no real value because it doesn't represent any type of scarce resource. And at the very same time, mining bitcoins does represent a type of scarce resource, because it uses computing power, or whatever, to mine a bitcoin. And computing power needs electricity. That's the scarce resource. Electricity. Which is not scarce at all. We could even say that the feds printing out money is a scarce resource because it causes mental strain on those that do it, and mental efforts are actually more scarce than electricity.

>>61116830
>OMG MONEY CAN BE CREATED WITH KEYSTROKES
>*adds a zero*
>*git add .*
>*git commit -m "kek"*
>*git push origin master --force*
opps did I just 10x the amount of btc in existence? that is totally not allowed. you cant just change code at will like millions of people do every day.

>>61116551
USDT is printed like fiat, retard

>>61116863
So let it?

>>61116856
What's to stop Blackrock from setting up 20,000 new BTC nodes and just pushing out whatever protocol they want including hard limit updates?

They might be doing something like that already. All that drama about OP_RETURN size and soft forking Knots vs Core could be some kind of systemic attack to co-opt the chain.

>>61117125
>>61117133
Insanity. I understand where you come from. But why the fuck would they give up a highly successful business of taking fees for taking the risk? They dd what was predicted. And I do not expect you to complain.

>>61116529 (OP)
How about you keep saving in fiat and "cryptofags" keep saving in crypto? The invisible hand of the market will decide who prospers

Because wd can trust chinese miners and blockstream am i right fellas

>>61117463
Obviously we can not. And that is why it works

>>61116529 (OP)
>integrity dao at new ATH
>phone vibrates from alert
>can’t remember what silence feels like
>if this coin dies, i might go with it

>>61117463
And i was being polite. Next time someone like you tries to give someone like me advice, there will not be someone like you :)

>>61116856
So ypu've committed a change to your fork of bitcoin, great. How will you convince the world to use your new fork?

Because le magic computer man told them it was le future and that they shouldn’t trust greedy banker man but trust le ebin computer man instead.

But actually computer man is just a pedophile likes looking at your personal photo data and forcing you to have sex with him because he’s a nerd.

>>61118207
jealous looser

>>61116529 (OP)
because I'm the printer

>>61116832
>We could even say that the feds printing out money is a scarce resource because it causes mental strain on those that do it
you dropped this, king

"First who buys wins an honorary seat in the future monetary system" is the ultimate FOMO scam

>>61116529 (OP)
I think you are confusing crypto with Bitcoin. They are both digital currencies but this is where the overlap ends.

>>61116810
I already got rich because I bought Bitcoin.

Though admittedly my gold and silver are also making me richER now.

>>61117449
The final redpill is that if you "save" in anything you're NGMI
Yes even bitcoin chud