Oddbean new post about login | logout Some good push back from Joe on the typical nonsense spewed about Bitcoin on these types of programs. https://v.nostr.build/XZzl.mp4
Feels like these people live under a rock
Do they... at least... SMELL what's cooking? ... i'll get my coat. XD
He is IN
He was saying Bitcoins gonna stay at 50k forever last week lol
Me too nostr:nevent1qqs84hczk64xe94q9zuas7e7gm033vahpa7afnlsj89g9jad7agtw0cpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpyn823wjj9acpac8lld5f28lj7gcy45w77a2qnh826clq82wx6y2qvzqqqqqqy530ya7
"it's just an accounting ledger." "so you trust it more than an Oracle database?" just kinda has the feel of the church laughing at the invention of the printing press
The worst part is, Gensler knows FOR SURE that what he's saying is objectively false. It's pure malice and marching to his orders.
Your statement is the salient point here. Why is never checked with video evidence of his own words when lecturing at MIT. It’s so disgusting to listen to vile rubbish. And salty Sorkin reviles me.
Fair play Joe
Why is Gensler claiming that bitcoin is not decentralized?
He STILL won't answer the Ethereum Question lmao https://image.nostr.build/231507bb3ee5181383b4d54cb4f35280fa4e4a2501160a9e692bc172782b465b.jpg#m=image%2Fjpeg&dim=640x615&blurhash=%7CQHAO%7COX01N%5BT%7Bw%5EM_s.ad%7B_I%3AE0tRO%3DrrjFn*s%3An7S2Xns%3BV%5BnixGX8W%3BJ7s%3AXmnOrqofsmS%23S29FoJk%3Dnjv%24bHxaWoofEMj%5D%25MjFaJX9NaR*kAX6j%3FsARin%2BX7kWR*RjEMbIxFjcRjkDbHadofbwaei%7BbGt7WUR*aeRk&x=82a519c6a109bdf22b9b688d5d3318a67af395b111bdb4ab383b7d8db71fb887
If this is who we are up against; bullish!
Absolutely agree here. If there's anyone who's a total puppet but that DOES understand how btc works very well it's Gary fucking Gensler. This is the best they've got: FUD from the year dot. As Preston said: trying to stop bitcoin is like trying to prevent the sun from rising. Good fucking luck Gary.
Joe's up 130% this year. 🤣🤙🫂💜 Be like joe. nostr:nevent1qqs9wx36dzcxlljgacpyweacelu63l9p5umu78ug0ap6sfzvdak474spp4mhxue69uhkummn9ekx7mqzyqqamm3gnvdzayy8fj359zn6g9rkffk26x4l42v9cgq702k6zmfccqcyqqqqqqg64ax2u
He did a very good job. But I’m waiting for people like him to start talking about financing warfare as the primary use case of fiat. Like 2/3 of British bonds for WW1 were secretly paid for by the central bank. And I’m pretty sure the military industrial complex prefers fiat for their money laundering.
Its insane to say accurate accounting has no value. An intentionally inaccurate accounting ledger is what makes Enron such a terrible fraud, and a key purpose of the SEC is to ensure accurate accounting through public filings. if that accounting accuracy work is not valuable we should dissolve the SEC
Gary is obfuscating. He totally understands bitcoin. He’s just spouting this nonsense to make his boss happy and get promoted.
LFG Joe!
Wasn't this guy supposed to be fired after his fiasco hearing before the congress? Why isn't he gone already?
Gensler was told to ok etfs, he’s just a pawn. Just another attack on Bitcoin. The tokenisation of everything and they want it all
Bitcoin is NOT the number one payment method for ransomware. That's actually Monero. Fake news. No one called him out.
Haters keep hating. Fuck em more sats for us.
Oof, did you hear that sneaky dig? "You trust it more than an Oracle database?" A database will do whatever it's user commands. It's a dumb ledger. Bitcoin is almost a living ledger. It doesn't just do what it's users' say, it follows rules and it is naturally regulated through the power of consensus. So fuck yeah I trust it more than I trust an Oracle database controlled by some wankers at the bank.
I use sats to pay for my coffee. I earn sats for the work I do. I am my own central bank. The sat-based economy I am a part of is growing by the hour. #grownostr #coffeechain Your arguments are invalid. nostr:nevent1qqs9wx36dzcxlljgacpyweacelu63l9p5umu78ug0ap6sfzvdak474spzpmhxue69uhkummnw3ezuamfdejsygqpmhhz3xc696ggwn9rg2985s28vjnv45dtl25ctsspu74d59kn3spsgqqqqqqst9mxeq
if you can point me to someone who lets me buy leite de cabra in batches of 60x1L and goat meat that has been properly hung and dried (not immediately frozen and full of blood) i'd be very interested to engage with this person and do some business might even prompt me to start running a LN node
This Jamie Dimon? https://unlimitedhangout.com/2023/03/investigative-series/the-rise-of-jamie-dimon/ + Gensler knowing way more than this drivel via his MIT course? Aaron included. Power seeking fiat protectionists. There is little else to explain it. 👏 Joe
I wanna hear Gary explain at length why he thinks bitcoin is centralized instead of hide behind the five minute talk show sound byte machine
Joe gets it!
Suggesting bitcoin is centralized because some people put it on exchanges is kinda wild for a guy who just spent like 6 months looking at it for etf approval. That's either dishonest or an impressive misunderstanding of what makes it decentralized.
The thing is, Gary is actually very knowledgeable about bitcoin. He taught a college course about bitcoin. He knows why its very valuable. He just chooses to downplay bitcoin because that's his job
Legend.
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