what do we think of bitcoin?

Discussion in 'Current Affairs & Debate' started by ameraal, Apr 24, 2020.

  1. ameraal

    ameraal trash

    Joined:
    Jun 24, 2004
    Messages:
    44,635
    there's a halving coming up in the next weeks and i've seen headlings say it could be a make or break moment. i don't feel informed enough at all to have a proper opinion on this but from what i do know, i hope it's the former.
     
  2. SDF

    SDF Bigger Than Us, OUT NOW

    Joined:
    Jun 23, 2004
    Messages:
    13,204
    I actually do not understand this at all and it makes me feel very, very old
     
    ameraal likes this.
  3. ameraal

    ameraal trash

    Joined:
    Jun 24, 2004
    Messages:
    44,635
    she does need to hire a better publicist.
     
    RaspberrySwirl likes this.
  4. big ron

    big ron Nude inspector

    Joined:
    Feb 18, 2004
    Messages:
    24,035
    Location:
    Your DMs
    I am not convinced that fiat currencies are fragile enough for bitcoin to ever be more than a fringe investment. Its far to prone to hype l, its limited and the forks make it too volatile.
     
  5. RaspberrySwirl

    RaspberrySwirl Leftover

    Joined:
    Oct 30, 2004
    Messages:
    20,613
    Same here, and I always skip whenever it comes up when I’m reading the news.
     
  6. big ron

    big ron Nude inspector

    Joined:
    Feb 18, 2004
    Messages:
    24,035
    Location:
    Your DMs
    Ok boomers
     
  7. RaspberrySwirl

    RaspberrySwirl Leftover

    Joined:
    Oct 30, 2004
    Messages:
    20,613
    It’s not an age thing; some of us gays don’t care for such nerdy issues.
     
  8. RaspberrySwirl

    RaspberrySwirl Leftover

    Joined:
    Oct 30, 2004
    Messages:
    20,613
    Get back to us when we can buy expensive shoes and party drugs for those bitcoins of yours.
     
  9. ameraal

    ameraal trash

    Joined:
    Jun 24, 2004
    Messages:
    44,635
    understanding and adoption are the two main hurdles i think. i do think it's still comparatively small (bezos has more money than bitcoin's entire market cap!) and thus vulnerable but i believe that will change and gradually its volatility will improve.

    that said, i admire the technology and i like to think it's the future.
     
  10. Zu-Klara

    Zu-Klara User

    Joined:
    Jun 15, 2009
    Messages:
    23,336
    I don't even really know what it IS, much less what you do with it
     
  11. Zu-Klara

    Zu-Klara User

    Joined:
    Jun 15, 2009
    Messages:
    23,336
    Or expensive drugs and party shoes :disco:
     
  12. COB

    COB Nasty Boys

    Joined:
    Apr 8, 2010
    Messages:
    24,888
    I think it's one of those things that's mainly popular with libertarians on the internet (much like Ayn Rand books and obsessively memorising age of consent laws in different countries).
     
  13. Mats

    Mats User

    Joined:
    Dec 31, 2007
    Messages:
    24,102
    the ship's sailed for the general public. in its current form it's a currency for speculation and crime
     
  14. Phoenix

    Phoenix L to the OG

    Joined:
    Apr 9, 2005
    Messages:
    24,758
    I struggle keeping track of real money, I can’t imagine having to deal with imaginary currencies.
     
  15. Zu-Klara

    Zu-Klara User

    Joined:
    Jun 15, 2009
    Messages:
    23,336
    Ayn Rand! :D:disco::side-eye:
     
  16. Lee

    Lee Ne me quitte pas

    Joined:
    Aug 8, 2004
    Messages:
    14,986
    I luckily made about $5000 off it 2 years ago, but it’s been pretty flat since then. Anything I have left in it now is just profit so I’m happy to just see where it goes.
     
  17. RaspberrySwirl

    RaspberrySwirl Leftover

    Joined:
    Oct 30, 2004
    Messages:
    20,613
    Maybe it’s because I know more lefties than libertarians but I love how it’s only the former that always mention Ayn Rand.
     
  18. ameraal

    ameraal trash

    Joined:
    Jun 24, 2004
    Messages:
    44,635
    oh no, that ayn rand stamp will haunt me forever now.
     
  19. ameraal

    ameraal trash

    Joined:
    Jun 24, 2004
    Messages:
    44,635
    i read atlas shrugged and didn't hate it. please don't cancel me :(
     
  20. RaspberrySwirl

    RaspberrySwirl Leftover

    Joined:
    Oct 30, 2004
    Messages:
    20,613
    I wouldn’t, but I’m sure @COB will.
     
  21. ameraal

    ameraal trash

    Joined:
    Jun 24, 2004
    Messages:
    44,635
    :eyes:

    it's all in good fun.

    back to the halving! will it bop or will it flop?
     
  22. Zu-Klara

    Zu-Klara User

    Joined:
    Jun 15, 2009
    Messages:
    23,336
    Didn't humble Ayn have a tendency to hit (as in physically attack) the admiring followers who came to her sordid soirées when she decided she'd had enough of them? This might not be true but I'm sure I read it somewhere and it's written on the internet now so it's definitely true :disco:
     
    Phoenix likes this.
  23. COB

    COB Nasty Boys

    Joined:
    Apr 8, 2010
    Messages:
    24,888
    Fuck off.
     
    Zu-Klara likes this.
  24. Zu-Klara

    Zu-Klara User

    Joined:
    Jun 15, 2009
    Messages:
    23,336
    :D OMG @COB is turning into a CHAT LOUNGE MONSTER! :shock:
     
  25. RaspberrySwirl

    RaspberrySwirl Leftover

    Joined:
    Oct 30, 2004
    Messages:
    20,613
    Clearly not.
     
  26. Gangsta Nancy Lam

    Gangsta Nancy Lam mess

    Joined:
    Jun 6, 2012
    Messages:
    7,870
    Location:
    The streets
    That's because libertarians can't read.
     
  27. big ron

    big ron Nude inspector

    Joined:
    Feb 18, 2004
    Messages:
    24,035
    Location:
    Your DMs
    I only learnt about it because of the dark web and drugs. But smart people use Monero now for that sort of thing. Or at least they did last time I looked.
     

Share This Page