Bitcoin
Out of context: Reply #2215
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- shapesalad1
@hans_glib
Think less as crypto as 'dodgy' investments in some code/network stuff on internet. Instead see it as a new Technology.
The last new Technology of scale, of global impact and network effect, which was largely unstoppable (see China trying to control it, yet VPNs etc) was the Internet.
It had those on one side saying it'll not replace retail shops, or people calling on phones, meeting their partner at a club or bar, going to the bank to check their balance etc... and on the side of the argument you had those that said 'It's the future and everything will be done on the internet'...
20+ years later, WFH is now normal thanks to internet, Tinder is a how you meet your partner, online banking is defacto, online shopping is massive(see Amazon). 13~18 year olds seemingly conduct their entire lives over their phones/internet.
Crypto as a technology is growing quicker than the Internet did, is still in early days.
Welcome the change, adapt, adopt and prosper. Or wait and be too late. Those early early early adopters are already retired and sitting on $m's.
Listen to all of this as somewhere in the middle Raoul explains all the above mentioned brilliantly:
- The battle is to decide which of the 'technologies' within crypto will be the No.1shapesalad
- Also don't go too heavy into ETH, Solana is creeping up behind it at speed. Check out InvestAnswers on youtube....shapesalad
- You've got people saying it's a scam and ponzi and on't replace Gold & $'s... you've got those saying it'll replace the entire financial system.shapesalad
- If you follow past new technology arguments... you'll know the side to choose is the side that favours the new tech.shapesalad
- People like grafician are still going to work on a horse rather than automobile. Still taking calls on a landline rather than iPhone...shapesalad
- Crypto is NOT new tech lol
It's old tech that nobody found useful shilled to dumb people to make a quick buckgrafician - Also comparing actual useful tech that found market fit with crypto is a lack of tech knowledge on your partgrafician
- Your posts are basically telling everybody you really have no clue about what you're talking about. So keep talking foolgrafician
- ...and keep selling bridges to idiotsgrafician
- durrr....shapesalad
- The fact that you can't distinguish between a ponzi scheme and actual financial tech is also telling everybody you are financially illiterategrafician
- Difference is that the internet provided useful technology to the masses. Crypto does not. The comparison falls apart as soon as you, we’ll, compare.monospaced
- I don’t think it’s fair to call crypto an equivalent tech to the internet. Not by a long shot.monospaced
- You compare landline to iPhone, car and horse, which I get. We all do. But crypto isn’t offering a superior tech for anything, let alone something majormonospaced
- And no, it isn’t a superior currency replacement. Sorry. It’s not the car replacing horses.monospaced
- Crypto as tech compared to gold, coins, paper IOU's, FED centralised control... Think I'll bet on the new tech, but thanks for your opinion.shapesalad
- it is silly. i'm all out of crypto with the exception of energy web - still the best use-case for the technology i've seen + non profit/ environmentally soundkingsteven
- it's the same as Gold, just with electricity.uan
- Dude. Buying Bitcoin is not investing in the new tech.monospaced
- Blockchain will provide something, someday, but right now it does nothing beyond make headlines. I'll invest when there is tech that creates actual value.formed
- Nothing this volatile can be used for any type of actual currency. It's lunacy to put faith in that and would destroy our economy w these hype-based swings.formed
- Not to mention wiping out so many people along the way. It would be a blood bath exponentially worse than the dotcom or housing bust.formed
- El Salvador bought BTC at over $50K, it tanked to $43K right after, then they bought "the dip" at $48K...BTC is now $45K
Financial illiteracy really hurts.grafician - they buy to hold. they calculated how much they need to make it run some of it's economy and they will continue to accumulate reserves for the next years.uan
- this raoul pal guy cracks me up . what an assclown.neverscared
- u can allways count makine bucks fucking up the climate.... oil or crypto .. both are neckdeep in blood.neverscared
- it's what I meant by it's the same as Gold, like crypto it sees wealth only in materialism.uan
- @uan holding risky assets is the dumbest strategy ever! You hold safe bets, you TRADE risky assets!grafician
- ah yes right, I keep forgetting most of you guys are in the US and trading in the US is a pain in the ass, right, that's why you keep holding...grafician
- Raoul an assclown? Wow. Even if you don’t agree with someone’s opinion, you don’t insult.shapesalad
- You can stop kissing his ass now renderedredgrafician
- i watched one of his shows recently and thought he is running on a lot of incoherent and false thought patterns ... highly manipulative speech semantics too...neverscared
- total assclown.neverscared
- Truth lies somewhere in the middle between Mono and Shapesalad. Mono will be mocking crypto even if becomes wildly adopted and btc hits 1mil.inteliboy
- The shapesalads of the world will hold on as it crumbles. Where as likely it will find it's niche, and settle in the boring enterprise/finance space somehow.inteliboy
- Though I do love the terminology of "tanking" to 43k. 43 fucking thousand dollars. This thread started when btc was around a buck.inteliboy
- Even if it is a Ponzi scheme, I say get the fuck on board.inteliboy
- ^ and this gentlemen (and lady) is how you shill crypto
LOLgrafician