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58008042 No.58008042 [Reply] [Original]

Is Bitcoin a psy op so plebs won't buy gold?

>> No.58008055

>>58008042
Gold is a psyop so people won't buy bitcoin. Gold already failed, which is why we live in the fiat hellscape of today.

>> No.58008067
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58008067

>>58008042
>Is Bitcoin a psy op so plebs won't buy gold?
Yes. That's why they changed the narrative to it being a "store of value".

>> No.58008071

>>58008055
They can hit the ceo of Bitcoin with a wrench and there goes bitcoin

>> No.58008082

>>58008055
>Fish are dumb, dumb, dumb
>They chase anything that glitters (beginners)
based fpbp simple as many such cases lmao even

>> No.58008159
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58008159

>>58008042
its goldies getting filtered and psy-oping themselves. A lot of early adopters of bitcoin were into gold in that they favored a gold standard for example, and they came around to bitcoin after studying what it was for a bit. So yeah the smart goldies moved on to bitcoin and benefited tremendously from the decision. Gold still seems like a bad opportunity cost to bitcoin. Everyone goes through a skeptical phase and has thoughts like "this is too good to be true". Persistent gold boomers just don't have enough intellectual curiosity to ever figure it out or something, they got caught up in some pet narrative of theirs which doesn't actually matter or is just plain false.

>> No.58008209

>>58008055
Yeah, I dunno why they'd be all that concerned with a certain number of people going back to the currency that they already defeated.

That said, I do keep a little bit of gold in my portfolio. "Muh 5000 years," simplistic as it is, is a convincing enough argument that I'm not willing to forego it altogether. I generally see Bitcoin as superior in every way that counts, and the past fifteen years have certainly born that out.

>> No.58008235

>>58008159
>>58008209
Bitcoin is not even decentralized. The intellectual arguments for it are barren. Its just that it takes a lot of money to mine it.

>> No.58008310
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58008310

https://youtu.be/DyV0OfU3-FU?si=dAXKGpre1NH5nxyb

>> No.58008499

>>58008067
Who is they?

>> No.58008519

>>58008499
Blockstream

>> No.58008536
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58008536

>>58008042
maybe

>> No.58008686

>>58008055
>indestructible shiny rock created by God giving you magical powers
>man-made 1's and 0's

>> No.58008709

you do realize that soon we are gonna be able to mine gigantic asteroids made of gold, right?
there will be plenty for everyone
there are 0 btc in space

>> No.58008774

>>58008235
You're retarded, its unsurprising. Stay poor and seething I guess you loser.

>> No.58008817
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58008817

>>58008774
Your point was well articulated and he proved it. top kek

>> No.58008847
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58008847

>>58008709
We cant even launch and return spacecraft anymore. Asteroid mining is a meme for at least 50 years.

>> No.58008868

>>58008071
What part of "decentralized" did you not understand?

>> No.58008876

>>58008686
Satoshi invent Bitcoin, he discovered it. Same as math, it's fundamental to the universe and it's true regardless of if there are people around to believe in it.

>> No.58008910

>>58008847
bro we are sending robots to mars, you don't need humans to mine
we'll be there the second it becomes profitable

>> No.58009039

>>58008042

I have both gold and bitcoin. As a superior being, I understand that these two assets are the only real money in the universe.

>> No.58009065

>>58008910
Yeah "the second it becomes profitable". Unless you want gold at a million dollars an ounce, space mining isn't happening in your lifetime. You have no idea the energy needed to go into deep space.

>> No.58009073

>>58009065
Traveling in space is cheap because there's no gravity but anyways

>> No.58009113
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58009113

>>58009073
Did you watch today's spacex launch?

>> No.58009178

>>58009073
Lol, lmao.

Public schooling , everyone

>> No.58009349

>>58009178
It is they even use ion thrusters that are worthless for travel on earth because it just needs a little push and it just keeps accelerating

>> No.58009395
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58009395

The value of a Store of Value is derived from demand for Store of Value. SoV stores value dispersed within the economy by being something that meets the demand for SoV. If I buy something with good SoV properties and high network effect it will have SoV demand in the future and therefore hold real terms value.

Bitcon is the world's first fixed unit of account, trustless, stateless, transparent, can be securely self-custodied. A quantum leap in stores of value.
>so why isn't it already a billion trillion dollars?
Network effect. Capitalization. That's all that's left, and its network of use as a SoV grows each day.

Network effect is a positive feedback loop in a SoV as buyers of SoV want the SoV that others use, it's already passed the point of no return, this halving marks the inflection point where BTC inflation (1.7% now) falls well below gold's mining inflation (2%), at all future points BTC will only ever be a better and better fixed unit of account, there are no brakes on this train.

>> No.58009429

>>58008042
bitcoin is a tool to trick people to invest in something worthless, and will continue for as long as the big actors can manage to slow play it.

>> No.58010167

>>58008042

Based and Austin Powers-pilled

>> No.58010188

>>58008876
Math is fundamentally flawed
Look up the set theory paradox

>> No.58010190

>>58008042
gold is a schizo cope used by libertarians who never did anything but wait for the end of the world
crypto is the cypherpunks breaking up from the libertarian LARP and actually doing something about it to fight against fiat
gold insects meanwhile wank and LARP about the boogaloo while losing money on miner stocks

>> No.58010210

>>58009395
>Store of Value
this doesn't exist
stop repeating this midwit keynesian garbage
value is dynamic

>> No.58010228

>>58010188
I get it that you watched the veritassium video bro, but set theory is complete, his video is the one incomplete that doesn't talk about the complete set theory

>> No.58010235

>>58009395
based

>> No.58010247

>>58010228
There is no solution to the paradox just ignoring it. Hence math os fundamentally flawed

>> No.58010248

>>58010228
ok bro, now look at banach tarski

>> No.58010524
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58010524

>>58010210
Store of Value is not new, SoV is omnipresent as it's a vital economic function. Something will be used as a SoV, and that thing will develop SoV value, value as a SoV, supported by demand for SoV. The ultimate SoV will be that SoV which best meets SoV demand. We use gold, property, equities, debt, and bitcoin as SoV right now. Pop quiz hotshot: Which best meets SoV demand?