HODL til 2024 Crypto Bull Run

[Castle2.0]

Doesn't ask a clear question... repeats unclear question when asked to clarify. lol.

What is it?

[Whale biologist]

Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]

Doesn't ask a clear question... repeats unclear question when asked to clarify. lol.

What is it?

Okay I'll dumb it down for you - how long does it take to confirm a transaction in the blockchain? You can just give me an average since you're being so cagey about it.

[Castle2.0]

https://youtu.be/ZG_k5CSYKhg?t=159

[Jibartik]

The sad truth is castle is going to put some kind of 150k bitcion link in his sig eventually so make sure you invest more than him if you dont like him.

[Jibartik]

This is what bitcoin investing is like https://www.reddit.com/r/nextfucking...eb2x&context=3

only you have autism.

[Castle2.0]

Leaving out important context means you are unclear, not that others are dumb because they can't read your mind.

Bitcoin = 10 minute block time.

Lightning network (layer 2 on top of bitcoin) = instant.

With lightning, we already have instant BTC payments.

Next.

[Whale biologist]

Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]

Leaving out important context means you are unclear, not that others are dumb because they can't read your mind.

Bitcoin = 10 minute block time.

Lightning network (layer 2 on top of bitcoin) = instant.

With lightning, we already have instant BTC payments.

Next.

Right! You had to invent a whole separate infrastructure because blockchain is so garbage.

Thanks I had fun.

[Castle2.0]

LOLOL, I could see your pathetic attempt at a dunk from a mile away.

Don't worry my dude, we WILL get you in the next compilation: https://www.youtube.com/watch?v=oAvbZOK4NKo

Now... why you're an I-D-I-O-T:

"Gold is so garbage"

Gold is a $10T marketcap asset.

No one does any kind of day-to-day commercial purchases with gold.

Gold is heavy and can be easily confiscated.

Gold cannot be sent or stored in large quantities safely without spend a lot of money on security.

Bitcoin is superior gold. You can send $10,000,000,000 BTC around the world quickly or instantly at near-zero cost.

BTC is $1T marketcap. It will displace gold. At $10T marketcap, BTC will be around $500k/BTC.

BTC's primary purpose is a store of value. This makes it incredibly valuable. You skip over this then attempt to 'dunk' with your wrong perception based on old information that you cannot transact quickly or easily in BTC...

"You had to build additional infrastructure on highways to make them better/faster?! Man, highways are so garbage."

Do you hear how stupid you sound?

If you want to drive only backroads on your horse n buggy, be my guest. You'll use BTC in the future, even if you never buy it. It will be built into the financial system to facilitate a lot of financial services. Blockchains will interoperate and people will be able to freely exchange instantly between assets.

Already happening via DeFi apps like Uniswap.

Here's a video of what's been happening in this thread: https://www.youtube.com/watch?v=5W-ZIXmCV64

Psssst, you are the kid.

Thanks, I had fun blocking all your sad shots and dunk attempts [You must be logged in to view images. Log in or Register.][You must be logged in to view images. Log in or Register.][You must be logged in to view images. Log in or Register.]

P.S. Central databases aren't censorship resistant like blockchains, so Visa, MySQL, WordPress, this forum, etc, are all hot garbage, right? [You must be logged in to view images. Log in or Register.]

[Gatordash]

Originally Posted by Castle2.0 [You must be logged in to view images. Log in or Register.]

LOLOL, I could see your pathetic attempt at a dunk from a mile away.

Don't worry my dude, we WILL get you in the next compilation: https://www.youtube.com/watch?v=oAvbZOK4NKo

Now... why you're an I-D-I-O-T:

"Gold is so garbage"

Gold is a $10T marketcap asset.

No one does any kind of day-to-day commercial purchases with gold.

Gold is heavy and can be easily confiscated.

Gold cannot be sent or stored in large quantities safely without spend a lot of money on security.

Bitcoin is superior gold. You can send $10,000,000,000 BTC around the world quickly or instantly at near-zero cost.

BTC is $1T marketcap. It will displace gold. At $10T marketcap, BTC will be around $500k/BTC.

BTC's primary purpose is a store of value. This makes it incredibly valuable. You skip over this then attempt to 'dunk' with your wrong perception based on old information that you cannot transact quickly or easily in BTC...

"You had to build additional infrastructure on highways to make them better/faster?! Man, highways are so garbage."

Do you hear how stupid you sound?

If you want to drive only backroads on your horse n buggy, be my guest. You'll use BTC in the future, even if you never buy it. It will be built into the financial system to facilitate a lot of financial services. Blockchains will interoperate and people will be able to freely exchange instantly between assets.

Already happening via DeFi apps like Uniswap.

Here's a video of what's been happening in this thread: https://www.youtube.com/watch?v=5W-ZIXmCV64

Psssst, you are the kid.

Thanks, I had fun blocking all your sad shots and dunk attempts [You must be logged in to view images. Log in or Register.][You must be logged in to view images. Log in or Register.][You must be logged in to view images. Log in or Register.]

P.S. Central databases aren't censorship resistant like blockchains, so Visa, MySQL, WordPress, this forum, etc, are all hot garbage, right? [You must be logged in to view images. Log in or Register.]

Gold exists.
Bitcoin is only a thing if everyone believes in it.

[Castle2.0]

Gold exists.
Bitcoin is only a thing if everyone believes in it.

Gold exists.
USD is only a thing if everyone believes in it.

P.S. Not everyone believes in Bitcoin, but it's a thing. Similarly, not everyone believes in AAPL, TSLA, or USD.

People believe in USD because the US military and US historic economic dominance.

People believe in BTC because math. Cryptographically provable immutability, scarcity and ownership.

My bookstore exists.
Amazon is only a thing if everyone believes in it.

Imagine having the opportunity to own an 'internet coin' or a 'phone coin' where you had some ownership of the future layer of massive societal interaction.

You do. You can think of it as 'currency coin' or 'value coin' or 'finance coin.' It's called bitcoin.

Originally Posted by Stoofers

Company 1: "Hey guys, here's a really slow modem that you can make faster by purchasing another add-on which of course means there's another point of failure"

Company 2: "Hey guys, here's a really fast modem that works out of the box"

Tough decision

Speed = wealth

Company 1: "Our modem makes your internet speed faster year-on-year."
Company 2: "Our modem makes your internet speed slower year-on-year. We target 2%, but sometimes it's 5% or more slower than the previous year."

Tough decision. Doesn't matter though, "this internet thing is a big sham." "It will be banned in every first world country." "It's too slow." "There is no content." "TV is more interesting." "Only nerds use it."

History doesn't repeat, but it sure does rhyme.

Shocking how blind people are.

• Try sending $1B in fiat currency. Think you can do it in 10 minutes? Hahaha, welcome to the modern banking system -- oh, and we're not open on weekends, lol.
• How often does a billionaire want to wire millions of dollars? When they do, do they need it to be done faster than 10 minutes?
• Hold your wealth in bitcoin, convert into USD every week or month for your daily spending money. Is this so hard to understand?

I've lived many years abroad. Anyone with any kind of wealth in their home country will keep the majority of their wealth there and pull out what they need in the foreign country they live in. This isn't a new concept.

I'd rather hold USD than Brazilian real or RMB, but I'll convert some if I need the cash while living abroad.

No coin without a hard cap on set total quantity will ever be goodcoin.

Thats for sure.

Facts. Ethereum and many other coins are just that. Ethereum is interesting and they brought in some great tech the rest of the blockchain world is starting to use, but it sucks as a currency or store of value. No supply limit and moving to proof-of-stake. It'll be status quo monetary policy but on the blockchain.