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wtfI appreciate your empty posting whatboutisms, then.
I’m pointing out that I’m glad people are getting back to reality that 2 quarters of negative growth are a recession
wtfI appreciate your empty posting whatboutisms, then.
wtf
I’m pointing out that I’m glad people are getting back to reality that 2 quarters of negative growth are a recession
Whatever dude. I’m glad we agree that 2 quarters of negative growth is and always was a recession.No you're trying to rationalize your bad decisions by saying whatabout 3 years ago.
Whatever dude. I’m glad we agree that 2 quarters of negative growth is and always was a recession.
I’m glad you were one of the sane onesI never claimed either was the case, then or now. I made a joke post and you got upset and started bringing up stuff from 3 years ago.
Well its hard to have an opinion if there is no math around it.I really don't know, thats why I was asking opinions.
Probably pretty complicated. I know that lower income people make up a relatively small portion of overall federal income tax collected yearly but "relatively small" is still billions and billions of dollars.
Hard men!Hard times create strong men. And you know what strong men create, don't you?
I mean, this is exactly how Trump said it'd go, so yeah. I'll wait and see. I'll wait and see if those new trade deals happen. I'll wait and see if those who have committed to investment in the USA follow through.
Transfer of value isn't the same as medium of exchange.You’re confusing volatility with functionality. Bitcoin is used to transfer value every day, which makes it a medium of exchange, full stop.
JFCNeeding to check the exchange rate doesn’t disqualify it. We do the same with euros, yen, or any foreign currency.
Who has adopted BTC as a form of pricing or unit of accounting?Early adoption and price fluctuation don’t negate utility, they just reflect a system still maturing.
Lmao at this dumb ass “wait and see”I mean, this is exactly how Trump said it'd go, so yeah. I'll wait and see. I'll wait and see if those new trade deals happen. I'll wait and see if those who have committed to investment in the USA follow through.
The first cabinet meeting I saw with all that fawning over Dear Leader was shocking. I've never seen anything like it in this country. Sickening stuff. I was almost expecting Trump to say, "OK, guys, dial it back a notch".The raging lefty has spoken not creating new threads just putting this here.
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Im not clinging to textbook definitions, im clinging to the very basic essence of what something isMy goodness. I thought you couldn’t get any dumber, but then you respond with this.
You’re confusing rigidity with clarity. Definitions evolve as systems evolve. The internet wasn’t a “real marketplace” at first either, but here we are. Clinging to textbook definitions as if they’re immune to innovation is exactly why people miss paradigm shifts.
Gold used to be a currency, now its not.Gold and real estate aren’t currencies, but they have both functioned as stores of value and mediums of exchange historically.
Bitcoin is not a legal tender anywhere, and that's the problem, if some stuff was priced in BTC then yeah, if some people understood the value of stuff relative to BTC then yeah, you would have a point.So has salt. So has cattle. Bitcoin is following a similar adoption curve — not as legal tender everywhere, but as an asset that’s increasingly used for payment, value transfer, and wealth preservation.
Tell me one single merchant that PRICES anything on BTC. You are unable to grasp the basic economic concept of what a price is.Saying nothing is priced in Bitcoin just isn’t accurate. There are thousands of merchants that accept it directly, from global brands to local shops. Entire economies like El Salvador are experimenting with it as currency. You can dismiss those as niche, but they’re real examples that contradict your claim. That’s how new systems start — gradually, then suddenly.
You keep repeating a point i never argued, i literally said that BTC does works as a store of value.Your Mesopotamian analogy is colorful, but irrelevant. Ancient silver was valuable because people agreed on its weight and scarcity. That’s exactly how Bitcoin works! I don’t understand how you daily to see this. It is digitally scarce, globally verifiable, and trustless. You don’t have to like it, but you should at least understand the parallel.
No its not, we already went through this, the only comparable market is forex speculation, and then again speculating in forex doesn't carries such a massive energy cost.As for your argument that Bitcoin is only profitable because someone loses money…again, that’s how all markets work.
BS.Every buyer thinks they’re paying a fair price, and every seller thinks they’re getting one. Stocks, housing, gold, and even currency exchange function the same way. If you truly believe any appreciation-based asset is inherently exploitative, then you’re arguing against the entire concept of free markets.
The median household income in 1950 was $3,359 and the average household size was 3.37 persons a total of $996 dollars per person a yearSaying inflation doesn’t erode purchasing power unless you bury your cash is the stupidest thing I’ve ever heard. Inflation erodes purchasing power by definition. This is why a dollar in 1950 could buy 20 times more than it does now. It affects everyone, especially the lower and middle class. That’s not a theory, that’s economic math.
BTC is way inflated, this isn't an argument its strict reality.You’re welcome to keep believing the current system is perfect and Bitcoin is pointless. But if your whole argument is “because the textbook says so,” you’ve already lost the plot.
Who made that argument?If you don’t want to call it a currency because it’s not fiat, fine
As someone from a country with huge consumption taxes and low income tax, I can confirm it's bad. Really bad.they'll just be paying a tariff on their goods at a much higher rate. sounds pretty idiotic to me.
Dumb fuck wrecked the economy, but still won't acknowledge reality and how fucking stupid this whole thing is.