|
Elias_Maluco posted:well, why not? I just forked it. Buy suckercoin now! QuarkJets posted:A lot of the replies are like "good riddance, bitcoin doesn't need payment processors!" Let's also not forget that the only way the lightning network will ever work (lol, it will never work) is if a lot of payment processors step in.
|
#
?
Jul 19, 2018 16:58
|
|
|
|
| # ? Jun 3, 2024 11:47 |
|
|
what will it get to make libertarians (and their subset of cryptocurrency true believers) understand that normal people do not care if money is fiat? do not care, will never rush desperately for bitcoin, will never make you a crypto billionaire like in your fantasies
|
|
#
?
Jul 19, 2018 18:31
|
|
|
Remember when AARO said he retired off bitcoin and thought anyone would believe him. Haha, you are a giant loving idiot AARO. Can't wait for your alt account.
|
|
#
?
Jul 19, 2018 18:49
|
|
|
Has anyone said bitchcoin yet
|
|
#
?
Jul 19, 2018 18:54
|
|
|
gary oldmans diary posted:what will it get to make libertarians (and their subset of cryptocurrency true believers) understand that normal people do not care if money is fiat? do not care, will never rush desperately for bitcoin, will never make you a crypto billionaire like in your fantasies During the next big market collapse, bitcoin needs to crater and not rise. Almost everyone in crypto expects it to rise and replace gold; the more libertarian you are the more fervently you think it's a safe haven in a fiat disaster. IMO it's so volatile and so unrelated to anything else it could easily go either way.
|
|
#
?
Jul 19, 2018 19:43
|
|
|
gary oldmans diary posted:what will it get to make libertarians (and their subset of cryptocurrency true believers) understand that normal people do not care if money is fiat? do not care, will never rush desperately for bitcoin, will never make you a crypto billionaire like in your fantasies If you don't care about fiat you can keep using it all you want? The people that want an alternative have cryptos, the people that don't care can ignore it, it doesn't seem a big deal?? 
|
|
#
?
Jul 19, 2018 19:44
|
|
|
Sickening posted:Remember when AARO said he retired off bitcoin and thought anyone would believe him. he retired from the forums because of bitcoins
|
|
#
?
Jul 19, 2018 19:48
|
|
|
Ham Sandwiches posted:The people that want an alternative have cryptos
|
|
#
?
Jul 19, 2018 20:25
|
|
|
gary oldmans diary posted:you called cryptocurrencies an alternative. theyre astoundingly far from that. thats pretty much the fantasy im talking about. pull yourself out of it Yeah you're making a dumbass point here dude, you're literally asking for comparisons of the fiat currency vs the other thing that isn't fiat They're an alternative to fiat currency because they're not fiat currency are you genuinely too dumb to grasp that? you get to keep using your fiat money, the thing that is not fiat is available to the people that prefer it for whatever their reasons are, everything is ok except that there's some dudes really incensed other people are doing things they wouldn't?
|
|
#
?
Jul 19, 2018 20:28
|
|
|
Ham Sandwiches posted:Yeah you're making a dumbass point here dude gary oldmans diary fucked around with this message at 20:32 on Jul 19, 2018 |
|
#
?
Jul 19, 2018 20:30
|
|
|
gary oldmans diary posted:my bro you literally think cryptocoins are actual money because they have coins in the name Lol well they're a thing you can use for transactions and they're not issued by a nation state and they can be used for a lot of the same transactions that nation state issued currency can be used for... what exactly are you arguing - that people can't use cryptos as a substitute for nation state issued currency in transactions?
|
|
#
?
Jul 19, 2018 20:32
|
|
|
does anyone have an "arguments for bitcoin/arguments for chuck e cheese tokens" venn diagram prepared?
|
|
#
?
Jul 19, 2018 20:33
|
|
|
gary oldmans diary posted:does anyone have an "arguments for bitcoin/arguments for chuck e cheese tokens" venn diagram prepared? so to answer your original smug statement, cryptos are interesting to those that have issues with fiat currency because they're not fiat currency  . What a tough mystery to crack
|
|
#
?
Jul 19, 2018 20:37
|
|
|
i definitely agree with you there. crypto currencies meet both qualifications for not being fiat currency (only 1 was even needed; exceptional)
|
|
#
?
Jul 19, 2018 20:40
|
|
|
"alternative" implies a fundamental equivalency which does not exist. My grocery store accepts US dollars, it does not accept Bitcoin. They're alternatives in the same sense that a bicycle is an alternative mode of transportation to a car. That's technically true in limited circumstance, but I can't feasibly ride my bike from Illinois to Colorado. It is within the realm of possibility to do that, but the limitations of the medium have significant disadvantages. Bitcoin is the same way, its practical applications are so limited and the ease of use is so scant that while it is an alternative to Fiat it isn't a good alternative. Gold is an alternative too, and gold has actual commodity value in manufacturing and such, but it ain't a good alternative to cash.
|
|
#
?
Jul 19, 2018 20:45
|
|
|
Heath posted:"alternative" implies a fundamental equivalency which does not exist. My grocery store accepts US dollars, it does not accept Bitcoin. They're alternatives in the same sense that a bicycle is an alternative mode of transportation to a car. That's technically true in limited circumstance, but I can't feasibly ride my bike from Illinois to Colorado. It is within the realm of possibility to do that, but the limitations of the medium have significant disadvantages. Bitcoin is the same way, its practical applications are so limited and the ease of use is so scant that while it is an alternative to Fiat it isn't a good alternative. It's weird with this thread. It's like pedantic semantic arguments about what exactly? In the context of Gary's great 2 sentence posts because that's all he can manage to poo poo out, he was comparing fiat currency to cryptos. In my response I referring to it as an alternative to fiat, as in, the other choice you can use for completing a transaction. I didn't say it's a replacement or a substitute, I said, it's an option that exists now that didn't exist previously, and it can be an alternative if you want to do a transaction and don't want to use fiat, now you can use cryptos for the transaction. It's an option you can use that isn't fiat and you can conduct transactions with it 
|
|
#
?
Jul 19, 2018 20:51
|
|
|
bitcoin can't physically meet the latency or scale demands of the retail transactions in a single sports stadium even if the sports stadium wanted to try and everyone ignored the gigantic fees per transaction
|
|
#
?
Jul 19, 2018 20:52
|
|
|
btw bitcoin is a fiat currency, just one not issued by a goverment. it's intrinsically valueless and backed by nothing.
|
|
#
?
Jul 19, 2018 20:58
|
|
|
Ham Sandwiches posted:In the context of Gary's great 2 sentence posts because that's all he can manage to poo poo out https://www.youtube.com/watch?v=uuA67jongCE
|
|
#
?
Jul 19, 2018 21:03
|
|
|
Yeah we get that it is possible to buy things with Bitcoin and that Bitcoin exists, what the gently caress is your point?
|
|
#
?
Jul 19, 2018 21:12
|
|
|
Ham Sandwiches posted:Lol well they're a thing you can use for transactions and they're not issued by a nation state and they can be used for a lot of the same transactions that nation state issued currency can be used for... This seems to be a pretty large exaggeration, not pedantic at all.
|
|
#
?
Jul 19, 2018 21:15
|
|
|
Burt Sexual posted:This seems to be a pretty large exaggeration, not pedantic at all. Is "some transactions" better, I want us to reach this place of peace where people aren't offended by really banal observations that you can use this thing as an alternative to that thing for some things let's find the phrasing that gets us there
|
|
#
?
Jul 19, 2018 21:17
|
|
|
Tell us again about how mining crypto is a smart idea, even though you spend more money on electricity than whatever shitcoin you mine is “worth,” because it is certain to got up, uP, UP to the moon, so it will be free money somehow.
|
|
#
?
Jul 19, 2018 21:24
|
|
|
Ham Sandwiches posted:Is "some transactions" better, I want us to reach this place of peace where people aren't offended by really banal observations that you can use this thing as an alternative to that thing for some things You imply a lot of poo poo with your banal observations and then get real drat mad when someone calls you out on the implication and walk it back with "uh you're interpreting way more than what I said" because you didn't actually say anything at all If I'm just going by what you claim you have said, it boils down to "Bitcoin exists, and can be used to buy things, and therefore is an alternative to Fiat currency" in which case you may as well have said nothing at all because nobody is disputing that, they're disputing whether Bitcoin is a useful or preferable alternative to fiat, and whenever anyone points out why it isn't you walk it back.
|
|
#
?
Jul 19, 2018 21:27
|
|
|
lets roll this back to before ham sandwiches entered true believers believe in eventual mass adoption in some role and thus being recognized as an actual currency. one of the key selling points for mass adoption is however (uh oh) a thing no one actually cares about but i thank ham sandwiches for repeatedly missing the point and responding with the comedy phrase "but for the people who dont want fiat currency"
|
|
#
?
Jul 19, 2018 21:27
|
|
|
Heath posted:You imply a lot of poo poo with your banal observations and then get real drat mad when someone calls you out on the implication and walk it back with "uh you're interpreting way more than what I said" because you didn't actually say anything at all Man imagine if you could post without the editorializing about how I'm walking poo poo back when we're actively discussing it lol The poster I responded to was doing the ole "lol when will dumb liberterians realize nobody cares about fiat." I was pointing out the super controversial claim that cryptos are an alternative to fiat currency, that they don't need to replace fiat currency to be useful, that they exist and can be used for transactions where people don't want to use fiat that's about it, nothing got walked back dude you wrote like two paragraphs about "WHAT DOES ALTERNATIVE REALLY MEAN" for some unknown reason
|
|
#
?
Jul 19, 2018 21:30
|
|
|
I challenge Ham Sandwiches to come in here and blither away next time bitcoin drops which should be soon.
|
|
#
?
Jul 19, 2018 21:38
|
|
|
Waltzing Along posted:I challenge Ham Sandwiches to come in here and blither away next time bitcoin drops which should be soon. I post in this thread pretty regularly, coins have gone up and down a lot over the past year, I know you aren't this dumb but you sure seem to enjoy repeating this burn
|
|
#
?
Jul 19, 2018 21:40
|
|
|
Ham Sandwiches posted:I post in this thread pretty regularly, coins have gone up and down a lot over the past year, I know you aren't this dumb but you sure seem to enjoy repeating this burn You absolutely disappear for weeks at a time whenever the price sees a major drop.
|
|
#
?
Jul 19, 2018 21:45
|
|
|
Pendent posted:You absolutely disappear for weeks at a time whenever the price sees a major drop. Yaknow it's been a year and I think people have maybe brought this up 50 or 100 times so far, I'd like to get some more information. 1. What are my contractual obligations re: posting frequency 2. If I don't post while the price is going down what does that mean 3. How many posts do I need to make during each drop to maintain minimum posting rate 4. Is there a way that I can "check in" that I posted during a downturn 5. Is it necessary that I maybe reduce posting whenever the price goes up, to maintain consistency 6. What the gently caress is wrong with you lol seriously what the gently caress makes you care about my posting frequency dumbass
|
|
#
?
Jul 19, 2018 21:47
|
|
|
Ham Sandwiches posted:5. Is it necessary that I maybe reduce posting Yes
|
|
#
?
Jul 19, 2018 21:50
|
|
|
Actually please define necessary, reduce, and is
|
|
#
?
Jul 19, 2018 21:50
|
|
|
theres a post from the past that sorta had a timer built in. im wondering if its gone off yetHam Sandwiches posted:It's not time yet -way too early, what's the rush? The thread will be here a while, Bitcoins will be here a while, this will be much more obvious in a few months, the posts aren't going anywhere. its weird bitcoin pulled in a lot of suckers for a couple months but the things to be said about cryptos and tether are still very much the same as back then
|
|
#
?
Jul 19, 2018 21:58
|
|
|
gary oldmans diary posted:theres a post from the past that sorta had a timer built in. im wondering if its gone off yet Yeah, so in that very post I talk about how Jamie Dimon would change his tune and how I don't have to argue it out, and what do you know https://www.cnbc.com/2018/01/09/jamie-dimon-says-he-regrets-calling-bitcoin-a-fraud.html quote:J.P. Morgan Chase Chairman and CEO Jamie Dimon is backpedaling a bit on his earlier criticisms on cryptocurrencies.
|
|
#
?
Jul 19, 2018 22:06
|
|
|
I traded a sandwich and beers to have my lawn mowed. It's nice to know that there is Fiat, cryptos, and sandwiches and beer depending on what money I want to be using
|
|
#
?
Jul 19, 2018 22:12
|
|
|
literally smugly pulling up articles from december and january. omg  https://i.imgur.com/W1uOJPU.mp4 ok ham sandwiches. you win. we here in the thread are having a very different conversation and wall street is now trading primarily using bitcoin. it all happened
|
|
#
?
Jul 19, 2018 22:13
|
|
|
gentlemen please, its spelled F.I.A.T.
|
|
#
?
Jul 19, 2018 22:30
|
|
|
Ham Sandwiches posted:you want to do a transaction and don't want to use fiat, now you can use cryptos for the transaction. I love to run down to Overstock and getting all my, um, chairs for bcash. I NEED groceries for my family, but I need transactions to be in LTC in order to take food home to my kids. You cannot conduct all transactions because bitchcoin isn’t adopted or even worth anything to someone who needs cash,functional money for conducting business, unless you are buying lotsa drugs and stacks of CP. Ninja edit: i know my examples were not use ready because I didn’t use BTC. This was on purpose:all shitcoins are worthless. DerekSmartymans fucked around with this message at 23:13 on Jul 19, 2018 |
|
#
?
Jul 19, 2018 23:11
|
|
|
Why is bitscoin not fiat?
|
|
#
?
Jul 19, 2018 23:15
|
|
|
|
| # ? Jun 3, 2024 11:47 |
|
|
Rufio posted:Why is bitscoin not fiat? Its
|
|
#
?
Jul 19, 2018 23:18
|
|