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I really hate the way (some) Bitcoin users say (or at least, used to say; idk if this still happens) "have fun staying poor" to anyone who criticised them. Classist fuckwads.

@Hyolobrika I don't think they've thought it through. Their idea is that as early adopters, they'll be trillionaires when all of society moves to the libertarian-fun-bux standard, and everyone who didn't buy btc will be peasants. But why would anyone move to a different currency where they'll be a peasant? What's gonna motivate everyone to ascend these basement-dwellers to godhood?

@randrews @Hyolobrika they don't think it will be the only currency and they think they'll be right and others won't because bitcoin is deflationary and constricted in quantity while the dollar will continue to be printed in the trillions, making the dollars you hold worth less and less until you are poor. they may be right or wrong but they have thought it through.
Ross Andrews

@sun @Hyolobrika Every time I've tried to talk to some crypto-bro about whether crypto is a good idea, all they fall back on is that the USD is inflationary and a bad store of value.

Sure. It is. But that isn't in itself an argument why cryptocurrencies are a good idea.

So I've given up. Let people dump their money into the scams, doesn't matter to me.

@randrews @Hyolobrika I more or less agree, just because dollar is bad doesn't mean crypto is good. Crypto has not panned out as currency, it's kind of okay like a substitute for gold but we'll see in the future.
@Hyolobrika @randrews I think it's good in theory but doesn't quite deliver. I am still a supporter.
@randrews @sun @Hyolobrika how many definitely-scams get SEC approval to be traded on the regulated markets tho.

Some people really think Bitcoin is Enron lol