NEWFAGS

[Anonymous No.21020573]

A lot of newfags around here recently, so here's a tip before it's too late. You should have at least 1 BTC in your portfolio before you are priced out. Either buy 1 BTC before buying alts, or stack sats with your alt profits.
When the bullrun reaches the mania phase, which coin do you think normies will be rushing to buy? Hint: not your altcoins.

[Anonymous No.21020577]

>>21020573
heavy bags huh ?

[Anonymous No.21020595]

Yes, pack your bags with this coin that can only go up 10-20% in the best of circumstances. It can crash 50%, that it will do.

[Anonymous No.21020597]

>>21020577
based retard also checked

[Anonymous No.21020602]

>>21020573
you lost old man?
lemme walk you back to the retirement home

[Anonymous No.21020617]

>buying something that reached max adoption of 144mb/day 3 years ago
Ngmi

[Anonymous No.21020618]

>>21020595
Bitcoin is an easy 10-25x from here.
Yes your altcoins might 50-100x but they also have a MUCH higher risk of going to 0.
Dont get me wrong, i have a load of altcoin bags, but I'm always stacking sats.

[Anonymous No.21020644]

>>21020618
do shill for binance ?

[Anonymous No.21021024]

based portfolio coming through

[Anonymous No.21021154]

>>21021024
This guy sats

[Anonymous No.21021180]

>>21021024
>tron
ruined

[Anonymous No.21021414]

>>21021024
if you ditch the shitcoins it will perform the same

[Anonymous No.21021431]

>>21020573
Nah I think I will buy chainlink and silver bullion grandpa

[Anonymous No.21021443]

>>21020618
i'm still not convinced that if you diversify into alts properly with good risk assessment and all it would not under perform a bitcoin only portfolio.
alt season is a myth it's just selection bias.
some alts in some periods will perform better but the ones that invest into them are not geniuses just got lucky.

[Anonymous No.21021511]

>>21020573
I could only afford 1 btc or 32 eth, so i chose eth

[Anonymous No.21021590]

>>21020595
>>21020602
>>21020617
>>21020644
>>21021431
>>21021443
Yo boyz...
What the fuck do you think will be the unit of value for the whole world when the dollar goes?
Hint its not gonna be link, or KNC or even eth.....
Its gonna be the most secure asset available not he 2nd!
This will mean the 21million BTC will represent the whole wealth of humanity (100 trillion?)....
You do the fuckin math boyz!
All your alt shits will be priced in BTC not $...
t. altcoin bag holder

[Anonymous No.21021643]

>>21020573
Sadly, this post is a bearish signal for bitcoin. There is truth to this though. We all have to remember that BTC is, like it or not, the gateway into alts. More than 90% of alt purchases are initially made through fiat>BTC>Alts. When BTC goes on its inevitable spree again, BTC will cannibalize everything else on the crypto market. That said, no matter if you’re a boomer millionaire or an incel pleb, you will be sorry for not having at least a whole bitcoin in the near future.

[Anonymous No.21021650]

>>21020573
>stack sats

[Anonymous No.21021662]

[Anonymous No.21021703]

>>21020573
Least you're trying to help them, I genuinely feel bad for people calling bitcoin boomercoin and the likes.. oh well, gotta have poor people to contrast with the rich people. Anons who think it will go the way of Netscape or MySpace are clueless.. this is like TCP/IP being established and now layer 2 is being built ontop like Https and then HTML
T. Under $50 USD BTC investor

[Anonymous No.21021792]

>>21020617
There is a reason we don't ship gold bars back and forth when buying stuff even under the gold standard.
The same applies to BTC. Its physical limitations do not matter because we'll find proxies to trade it without having to take physical (or rather digital) delivery.
BTC is the physical gold in the gold standard. Alts have different purposes further down the financial supply chain.

[Anonymous No.21021802]

>>21021590
unlikely
bitcoin will surpass golds market cap and gold becomes a base industrial metal but that's about it

[Anonymous No.21021825]

>>21021703
fun fact tcp/ip 2 (ipv6) has been waiting for adoption for 30 years now...

[Anonymous No.21021842]

>>21020617
a single lightning payment channel can do 25k tx/sec and you can make almost 150k of them per day which puts bitcoins test-bench throughput to around 3.75 billion tx/sec after first day of doing so.

[Anonymous No.21021983]

I agree with OP, you should get 1 BTC before anything else. Only retards think it's not going to moon hard while the obscure alts will pump and dump, never to recover.

[Anonymous No.21022055]

>>21021802
No BTC will replace all value in all currency's.
1 thing has to be the measure of value... you can't divide the economic value over 1000 shitcoins.... 1 needs to stand as the ATOMIC CLOCK OF VALUE.
And that 1 needs to be not the fastes or the most flexible but the safest and most secure... ALL ALTS are BTC layer 2 solution!

[Anonymous No.21022060]

What about ETH?

[Anonymous No.21022071]

>>21022060
Normies have never heard of ETH

[Anonymous No.21022078]

>>21022060
32 ETH is the next goalpost after acquiring 1 BTC

[Anonymous No.21022114]

>>21022071
I can assure you they have. It's what got me into crypto.

t. normie before 2017 bull run

>>21022078
Great. Hope I can swing enough for 1 BTC

[Anonymous No.21022131]

>>21021024
this >>21021180

[Anonymous No.21022157]

>>21022114
Ask 100 random people on the street if they know what ethereum is.
How many do you think will even have heard about it?
How many of those 100 will have heard of bitcoin?

[Anonymous No.21022206]

>>21022157
Sure, maxi pajeet. Sorry I live in a country with high average IQ. Your streets would only know the warmth of your poo.

[Anonymous No.21022248]

>>21021792
If the block subsidy is not replaced by fees it dies
Bitcoin is the opposite of gold it requires a massive amount of work to be maintained whereas gold requires a massive amount of work to be changed
>>21021842
Off chain transactions decrease security. Lightning network has none of the characteristics bitcoin does it is a mesh network

[Anonymous No.21022271]

>>21022206
Obviously you’re not one of the ones with a high IQ, you braindead moron.

[Anonymous No.21022284]

>>21021662
This

[Anonymous No.21022286]

>>21022271
Get lost, nigger.

[Anonymous No.21022310]

>>21022286
>b-but what about muh efereum???
You’re the only stinky nigger here. Go back to raiding targets

[Anonymous No.21022322]

>>21022310
Oh, another pajeet. Poo in the loo.

[Anonymous No.21022367]

>>21022322
Imagine your fucking fantasy world where you can ask people on the street about Ethereum and they know what you’re talking about. Regardless of how good or useful either coin is, it’s not a stretch to think Joe Shmo and his mom know about bitcoin and not about your stinky linkies or Eth. Get a grip on reality Jamal

[Anonymous No.21022370]

>>21022157
people got rich off btc by investing before normies knew about it. so your logic sucks ass.

[Anonymous No.21022390]

>>21022367
see
>>21022370

[Anonymous No.21022403]

>>21022370
Current holder will get richer once normies start buying it. They're way too flighty to take a chance on something that isn't a "brand name"

[Anonymous No.21022408]

>>21022367
Here's your (you), maxi pajeet. Don't forget to poo in the loo.

[Anonymous No.21022410]

>>21022390
How does the logic suck ass? Bitcoin is the only coin any normie knows or cares about. You can’t even explain what blockchain is to these faggots without them mentally shutting down, let alone smart contracts and ethereum

[Anonymous No.21022416]

>>21022248
>Off chain transactions decrease security
Every alt is an off chain transaction... all will come to be valued in BTC in the end.

[Anonymous No.21022432]

>>21022408
>using the same pajeet line multiple times
>high IQ society

[Anonymous No.21022440]

>>21022403
but link and smart contracts have serious application. i'm new to all this but i'm considering getting like 50 link, 1 or 2 ether and a small fraction of a btc

[Anonymous No.21022450]

>>21022410
>please do the needful sirs, buy muh bags

[Anonymous No.21022457]

Get your bags at https://crypto.com or https://www.coinbase.com or https://digifox.finance/

[Sage No.21022460]

>>21020573
What about gambling with shitcoins and then convert to BTC when it begins to bullrun? It's not likely to happen overnight, anon

[Anonymous No.21022471]

>>21022432
Touched a nerve there, huh? I'll say it over and over again, poo in the loo. SHOO!

[Anonymous No.21022477]

Complete new fag here. Depositing $10k into coinbase pro soon. Do I buy chainlink or ethereum

[Anonymous No.21022479]

>>21022410
i thought i was pretty clear. BTC wasn't a household name when folks who are millionaires now started buying it. therefore the argument that only BTC is worthwhile because it's the most popular is just ridiculous.

[Anonymous No.21022482]

>>21022440
not a bad play...
LINK, ETH, BTC is a good start.
Just know what each coins place is and what it does.

[Anonymous No.21022486]

>>21022416
Btc will be sub 30% market dominance eoy will lose the top spot and never regain it.

[Anonymous No.21022488]

>>21022370
People get rich by timing trades. Holding ETH too long before normies rush in is a massive opportunity cost.

[Anonymous No.21022506]

>>21022471
>Touched a nerve there, huh?
No, you touched cloth there...

[Anonymous No.21022509]

>>21022482
thanks dude! appreciate ya

[Anonymous No.21022512]

>>21022410
Low IQ pajeet right here. Kek. Ngmi.

[Anonymous No.21022516]

>>21022460
If you have a low amount of initial capital this is probably the best strategy. Just be prepared to lose it all.

[Anonymous No.21022519]

>There has been months of nothing about bitcoin
>suddenly been threads of pure fud for the last 2 weeks.
OP is right bitcoin is gonna rocket

[Anonymous No.21022535]

Maxis shilling again. We all know what happened in jan 2018. Normies figured out BTC is way overpriced so they jumped over to alts where the real cryptillonaires were made.

[Anonymous No.21022552]

>>21022486
yeh because all the worlds financial institutions will put ALL OF THE WORLDS VALUE into the 2nd or 23rd most secure chain...
If the world is to trust crypto they need the most trust worthy most secure crypto to value it all.

[Anonymous No.21022564]

My folio is 50% BTC, 30% ETH and 20% shitcoins. Am i safe ?

[Anonymous No.21022578]

>>21022552
the delusion is getting dense
what happened to the store of value meme

[Anonymous No.21022584]

>>21022552
I don't think anything will dethrone BTC anytime soon but link, ETH and others work with and benefit directly from BTC's dominance, right?

[Anonymous No.21022589]

>>21022535
>Normies figured out BTC is way overpriced
Yeh we just sitting waiting for Normie money...
lol he thinks BTC give a fuck about small money!

[Anonymous No.21022593]

>>21022552
are you retarded? no one is putting all of worlds value in crypto...

[Anonymous No.21022613]

>>21022564
Nice

[Anonymous No.21022618]

>>21022552
Btc has no security. There is no demand for expensive transactions and the block reward is dwindling. There will be no incentive to mine it whilst alternative sha256 coins with unlimites adoption capacity exist

[Anonymous No.21022636]

>>21022584
>ETH and others work with and benefit directly from BTC's dominance
Yes they allow crypto do do other things... BTC gives the world a value of all things that can not be manipulated or arbitraged (once all things are priced in BTC)

[Anonymous No.21022640]

>>21022618
traditional mining will go by the wayside anyway. proof of stake, right?

[Anonymous No.21022649]

>>21022618
What kind of security do other coins have?

[Anonymous No.21022658]

>>21022640
No proof of stake doesnt work

[Anonymous No.21022683]

>>21020573
>Either buy
yes, I will buy a lot of Ether, thanks old man

[Anonymous No.21022689]

>>21022593
No one specifically.... but its happening...
And its gonna happen like email or mobile phones happened.
There is no other option once fiat fails (and it will).
Do not say gold... fucking shiny rocks that are abundant through space? WTF that just cave shit.

[Anonymous No.21022709]

>>21021443
>alts... risk assessment
Lil Gordon Gecko here is using big boy bank words, just like on TV.

[Anonymous No.21022720]

>>21022618
>Btc has no security
WTF are you blabberingg about...
Nothing in the world is more secure?

[Anonymous No.21022734]

>>21022482
Wouldn't have a fucking clue but still make money off them

[Anonymous No.21022745]

>>21020573
LOL enjoy your 3% returns. Might as well invest in a fucking 401K or a Roth IRA you boomer faggot.

[Anonymous No.21022758]

>>21022734
yeh that works too... as long as you get the right bags!

[Anonymous No.21022772]

>>21020573
don't listen to this guy. when i started out in 2017 i could only buy 1,5 bitcoin. but i got bored of holding bitcoin after two months and saw more potential in other coins. now my portfolio is worth $713,000 or 62 bitcoins. if i just held bitcoin my portfolio would have been only worth $17k.

[Anonymous No.21022773]

>>21022745
ALL THIS LAME FUD
BTC IS GOING MOON VERY SOON!!!!

[hehexd No.21022784]

>>21021024
>tezos
>cardano
>tron

Ngmi, link btc and eth literally will carry rest of your shit on the back

[Anonymous No.21022805]

>>21022745
>3%
Best performing asset of the decade

[Anonymous No.21022867]

https://rari.capital

[Anonymous No.21022899]

>>21022773
> pls sirs buy muh bags

[Anonymous No.21022903]

>>21020573
1btc costs too much

[Anonymous No.21022950]

>>21021024
drop tron for almost literally anything else

[Anonymous No.21022992]

>>21022477
checked
40% BTC
40% ETH
20% LINK
the chadfolio

[Anonymous No.21023027]

>>21020573
Cope, the thread

>>21022784
Don’t forget pnk

[Anonymous No.21023061]

>>21020573
>which coin do you think normies will be rushing to buy? Hint: not your altcoins.
Unironically XRP as much as I hate it.
Normies will see price and at a few cents/dollar they think it's affordable. Plus they're retards who would rather buy big amount rather than a small part of btc.

[Anonymous No.21023086]

>>21021590
bitcoin is not the most secure, nor decentralized as the Chinese own more than 50% of the hash rate.

[Anonymous No.21023098]

>>21023086
BTC hasn't been decentralized since 2014, this isn't news.

[Anonymous No.21023099]

>>21023061
this.

normie advertising and partner name drop.

[Anonymous No.21023149]

Can confirm

[Anonymous No.21023177]

>>21023086
>Chinese own more than 50%
not like they have fingers on all that... also not like 51% attacks are that powerful...
And look at whats about to happen in Texas and Canada... your about to see that mining power shift west a bit!

[Anonymous No.21023193]

>>21023086
Mining pools =/= hashrate

[Anonymous No.21023232]

>>21022248
yeah, gold doesnt require mining or security or transport or storage or anything. You fucking retard

[Anonymous No.21023243]

>>21023149
there's a lack of chainlink

[Anonymous No.21023264]

>>21023086

China's share of the hash rate is quickly decreasing, though. It was 75% a year ago. Now it's 65%. https://www.cbeci.org/mining_map

More and more states are going to be mining BTC eventually. Imagine if Lockheed succeeds with their portable fusion power generators? https://www.lockheedmartin.com/en-us/products/compact-fusion.html Every city in the world will have it's own municipal mining operation, not even mentioning federal miners.

Shit's gonna get wild in the next 5-10 years. 1 BTC is the absolute bear minimum I would be holding right now.

[Anonymous No.21023280]

>>21021662
>>21020602
>>21020617
>>21021511
>>21021650
>>21022284
>>21022440
>>21022477
>>21022745
>>21022903
>>21023061
>>21023086
>>21023098
Daily reminder '17+ fags opinions are worthless.

So many uninitiated here, shame they don't see the similarities to the pre '13 bull run happening all around them.

[Anonymous No.21023293]

>>21023149
swap xlm for link and you've got a chadfolio

[Anonymous No.21023335]

there is a reason all the whales have a ton of bitcoin

[Anonymous No.21023360]

>>21023335
god i wish that was me

[Anonymous No.21023389]

>>21023232
bitcoin is secured by work
gold cannot be changed by work

you are so retarded you think bitcoin is digital gold when the title of the whitepaper is Bitcoin: a peer to peer electronic cash system. Its incomprehensible to me anyone can actually fall for that ponzi scheme

[Anonymous No.21023437]

>>21023389
it still is electronic cash
nothing about that has changed
it's still the most secured network, and that can be worth its weight in gold

[Anonymous No.21023467]

>>21020595
exactly

[Anonymous No.21023479]

>>21023061
exactly, XRP is the coin most likely to boom when the mania begins

[Anonymous No.21023487]

>>21021590
Based retarded boomer

[Anonymous No.21023504]

>>21022477
You buy Cardano.

[Anonymous No.21023519]

>>21020577
>>21020595
>>21020597
>>21020617
>>21020644
>>21021431
I can’t comprehend the level of retard needed to call Bitcoin a shitcoin.
Must be poorfag zoomers from Reddit who don’t understand crypto.

[Anonymous No.21023545]

>>21020573
How i can get priced out if i buy something which gains more than Bitcoin?

[Anonymous No.21023624]

lets go

[Anonymous No.21023786]

>>21020573
dont fckin listen to him, go all in link

[Anonymous No.21023824]

>>21023280
Ok boomer loser.

[Anonymous No.21023882]

>>21023824
Willing to bet you don't own any cryptocurrency. Just blockchain scams

[Anonymous No.21023925]

>>21020573
I’m unironically all in on LINK, you think i’m stupid? I’m never selling 1 single token before $1000 EOY

[Anonymous No.21023926]

Sorry i stack ETH

[Anonymous No.21023950]

>>21022055
>No BTC will replace all value in all currency's.
i'm a huge btc maxi but that is a pipe dream

[Anonymous No.21023982]

>>21022248
>Off chain transactions decrease security.
that is categorically and objectively false
why don't you dyor before repeating bullshit?

[Anonymous No.21024039]

>>21023437
bitcoin was never cash maybe a tiny transitional period between a geek curiosity to darkweb transactions some people treated it as cash.

bitcoin is a payment and settlement system but cash has other properties beside being a payment and settlement system.

[Anonymous No.21024125]

>>21023982
If you increase demand for the token without a respective increase in miner compensation you incentivise dumping the token.
Not that there is any demand for lightning network or ever will be
>>21024039
>Btc isnt described by the bitcoin whitepaper
Agree

[Anonymous No.21024188]

I did make sure to get to 1 BTC during the march crash, and I have zero plans on selling it, but at the same time I do feel that BTC is stagnant in its use-case whereas something like chainlink has far more room for growth. Wish I just went all-in on that instead, but that's hindsight. Still not selling though

[Anonymous No.21024347]

>>21023519
Poorfags need 1000x to make it so they a pinning all their hopes on worthless shitcoins

[Anonymous No.21024372]

>>21024125
no the whitepaper never described cash
cash can't be fixed supply and function as cash. it just doesn't work at all.

[Anonymous No.21024397]

>>21023545
You are saying that like it's a certainty. Every crypto is more risky than bitcoin. Good luck though, I hope everyone makes it, but I always advise people to have at least a healthy stack of bitcoin to save their portfolio in case all their shitcoins end up worthless.

[Anonymous No.21024405]

>>21024125
>If you increase demand for the token without a respective increase in miner compensation you incentivise dumping the token.
the fuck did i just read? the biggest problem with lightning is the routing and specifically not even the routing algo but the liquidity locked up in channels is way too much.

[Anonymous No.21024440]

>>21020573
Newfag here. Is using coinbase actually fine or should i have my wallet locally? Where should I trade? I care about ease of use but more about not being fucked by some sketchy website. I have tried mining in a pool and have had a local wallet but no trading.

[Anonymous No.21024475]

>>21024440
>Is using coinbase actually fine or should i have my wallet locally?
what % of your net worth is in bitcoin? and how much of that can you afford to lose without losing sleep over?

[Anonymous No.21024551]

>>21022772
Well played. How did you your portfolio so much and what do you hold now?

[Anonymous No.21024569]

>>21024372
how pedantic are we getting here?
is it "cash", "money", "currency", or "other"?

[Anonymous No.21024585]

>>21024475
I'm gonna start with 10% which I won't lose sleep over. Coinbase ToS seems annoying is there an alternative service with a more fair one?

[Anonymous No.21024606]

>>21022772
I'm not a bitcoin maximlaist, nor am I advocating 100% BTC portfolios.
You are either a good trader or got lucky, congrats.
Not many people will have the same success. A healthy stack of bitcoin will save almost all portfolios from being worthless.

[Anonymous No.21024613]

>>21024440
keep on coinbase if it's less than a few thousand (coinbase is big enough if they get hacked they'll eventually try and repay you but it's not 100% certain- they only legally ensure USD *cash* (not crypto and not even their own USDC, but C A S H)
anything beyond that get veracrypt, make a 2 partition system (one visible and one hidden)
in the visible partion put porn or tax returns
in the hidden portion put your seed phrases
IMPORTANT NOTE: ONCE YOU PUT FILES ON THE "VISIBLE" PORTION NEVER ADD OR REMOVE THEM AS IT MIGHT FUCK WITH THE "INVISIBLE"/HIDDEN PORTION

[Anonymous No.21024829]

>>21024613
Alright I'll start with a website. How is cryptocom compared to coinbase?

[Anonymous No.21024908]

>>21022772
most people go from 1.5 bitcoin to 0.2 bitcoin when they get into shitcoin.

[Anonymous No.21024939]

>>21020595

Lmao this was me in 2016

[Anonymous No.21024950]

>>21020573
bitcoin transaction time is a mess. normies will eventually jump over to ether.

[Anonymous No.21024968]

>>21024829
i don't trust crypto dot com because their rewards smell almost ponzi-ish
i go with coinbase because it's US based, been around for several years, and big enough to soon be listed on the US stock exchange (so it's got big money backing it to be able to cover up any "fuckups" with their money to ensure the company keeps its high reputation with normans)

[Anonymous No.21024991]

>>21020573
Quite the salesman

[Anonymous No.21025004]

>>21024585
worst thing about coinbase is the fees in my opinion and the absolutely shit trading platform on pro

[Anonymous No.21025005]

>>21020595
The US dollar is doomed. The best alternative is Bitcoin.

[Anonymous No.21025022]

>>21024950
it's cool how there's REN where you can literally take BTC and "wrap it" so that it's on the ETH blockchain
it's how shit like statera can balance 20% in BTC since the BTC is wrapped and able to be used on the ETH chain

[Anonymous No.21025080]

>>21021511
Based retard

[Anonymous No.21025094]

>>21024569
bitcoin is definitely a currency not money or cash
but in some retarded definitions the relationship between these is ambiguous

for a more technical well rounded definition:
>cash is money in physical/untraceable form
>money is a currency that is legal tender
>currency is a unit of account and a medium of exchange
>medium of exchange must be portable and durable
>unit of account must be fungible and divisible

[Anonymous No.21025207]

>>21020573
lol, dumb fag. we all know the secret is buying LINK. fuck off, boomer.

[Anonymous No.21025232]

>>21021703

>t. Under $50 USD BTC investor

Based post brother, you can clean my porch in the Citadel, brother.

[Anonymous No.21025242]

>>21020573
500k by 2026
1 million by 2028
3-5 million by 2030

[Anonymous No.21025352]

>>21021792

>Its physical limitations do not matter because we'll find proxies to trade it

Exact. Just like FEDWIRE executes ledgeer transactions between major banks. LN is just the beginning, and eventually LN will be too expensive for average joe.

[Anonymous No.21025378]

>>21025242
Seems reasonable
I'm hoping for
150-250k this bullrun
500k-1m next bullrun
3-5m final bullrun before extended bear market.

Seems like a no brainer to hold at least 1 BTC for the next decade to make it.

[Anonymous No.21025418]

I giggle like a school girl thinking about it.

[Anonymous No.21025425]

>>21025094
i'm getting flashbacks to, i forget, was it mike maloney?
i understand what you're trying to say though
for a brainlet like me i'd need to see all 3 (cash/money/currency) in a type of vinn diagram showing what does and doesn't apply

in terms of fungible though, what's your take on monero? (and bitcoin tumbers, too)

[Anonymous No.21025431]

>>21025232
nigger that's like 0.0005 btc

[Anonymous No.21025453]

>>21025431
not if you bought early

[Anonymous No.21025491]

OP is right
Bitcoin is not far of black holing shitcoins. Don’t say you haven’t been warned by the old fags

[Anonymous No.21025669]

>>21024968
Their horrible fees are an insurance premium. It doesn't make sense to fuck your customers for everything, when you can fuck your customers just regularly.

[Anonymous No.21025699]

>>21020595
My buddy’s boomer retired army dad asked him how to buy bitcoin yesterday and specifically mentioned Coinbase. You have no idea the level of retard retail investor power that will be unleashed.

[Anonymous No.21025753]

>>21025491
based chad stack
not 32 eth for the memes though?

[Anonymous No.21025840]

>>21025425
i think fungible doesn't mean that all coins are completely interchangeable and noone can tell the difference. it just means that 1 btc = 1 btc even if it's 4x 0.25 btc utxo.

some utxos are "tainted" and thus are not fungible with untainted utxos which is akin to serial numbers on banknotes known to be stolen. that doesn't mean all the rest of the banknotes not involved in crime not being fungible with each other.

i have mixed feelings about all this, because who doesn't want privacy? but i like that people who steal funds or commit extortion/fraud can't spend their btc on face value or at all. which on the other hand makes tumblers and coinjoin a russian roulette i would not play because they can be a poisoned well.

[Anonymous No.21025914]

>>21025425
mike maloney defined them differently tho
he calls electronic and physical cash currency and gold money. totally retarded. money (what people call money and use as money) is subjective to legislation (legal tender) currency is a technical term (inherent properties) not subject to legislation which was proven by crpytocurrencies btw.

[Anonymous No.21025951]

>>21025914
oh and gold is neither it's a commodity. nobody uses it as a medium of exchange it's a store of value albeit shitty one (not right now but i have been holding gold for some years and i think i have ptsd)

[Anonymous No.21025974]

>>21020573
They’ll buy Chainlink like they bought ETH last time

[Anonymous No.21026021]

>>21025840
>>21025914
>>21025951
bump while i read so thread doesn't die

[Anonymous No.21026070]

>>21025974
ETH mooned because of ICOs, not because of normies. BTC was still where normies flocked.

[Anonymous No.21026092]

>>21023264
>Imagine if Lockheed succeeds with their portable fusion power generators? https://www.lockheedmartin.com/en-us/products/compact-fusion.html
Holy shit maxis really are brain dead

[Anonymous No.21026094]

>>21025840
>i think fungible doesn't mean that all coins are completely interchangeable and noone can tell the difference. it just means that 1 btc = 1 btc even if it's 4x 0.25 btc utxo.
that i think makes sense
and i sort of do like how some are traceable, since you can prevent fraud and theft of coins in that way (or track down the criminals)
i kinda like how it's pseudoanonymous though, with me thinking BTC starting out couldn't be like a monero where the number of coins is unknown because who the fuck would trust some code saying "yeah there's totally only X number of them trust me"
i've got a bigger stack of bitcoin because i think it's got more value, but i do hold some monero because i think the tech is interesting and it is nice to have a privacy option

i also didn't think about the mixer but you're very right about it being a possible poisoned well

[Anonymous No.21026160]

>>21025914
>he calls electronic and physical cash currency and gold money.
yeah i think it's probably semantics
ask any "normal" person and all 3 terms are interchangeable (to them it's just "what you spend to get something else")
i haven't watched that video in a long time but i remember parts and i think i agreed with most of it, i think it's mainly the difference between "government issued trust *currency*" vs "actual historical *money* (that has global recognition can't be fucked with by outsiders)
i'm on like 4 hours of sleep though so i might be ranting and not getting it all
and again off topic but i think eventually maloney admitted crypto is a form of "money" or something

[Anonymous No.21026205]

>>21020573
Yeah guys buy bitcoin and watch your investm go up a whopping 4% maybe even 5%...yeah guys come on sell your link for these sick gains

[Anonymous No.21026218]

>>21025951
yeah gold as money made a lot more sense to be used when a currency was BACKED with gold, but no one actually *traded* in gold- it was all in treasury notes and silver coins
much easier to transport, divisible, could store many ounces of gold with one paper note, etc
things got fucky when the paper no longer was backed by gold though, and i think that's what has led us to where we are now- everything fiat, all over leveraged with paper debt
i wonder how it's going to play out