Oddbean new post about login | logout 😂 then you don't understand anything about finance, Monero is just a privacy tool, Bitcoin is digital gold, stay poor
Monero said something on Reddit about: We’re in a war bros Never read it but it popped up on my screen. 📺 Me: 🤔 They just now seeing that. All good. 😊
Or a bros war?
Doesn’t matter to me. Ima #bitcoin only Bee 🐝 Information warfare is where I’ll choose to work now. Even if cybersecurity isn’t my specialty. Boots on ground was. Constant learning is good. #AI is here too …
Not me, already rich enough to retire since my 30s. Was an early bitcoiner in 2009 and continued mining afterwards in Monero until now. You keep spouting stuff like a federal agent would argue and try to ignore the obvious. Monero will continue increasing in price. Anyone stacking today will still see it growing 2x, 3x, 6x without effort. If you didn't understood bitcoin in 2009, you won't understand monero today. Keep larping, you sound more like a paid agitator that anything else.
Bagholder.
"Monero will continue increasing in price" tail emission inflation though? there is no cap to monero, but it will self regulate a price based on demand and supply for the FX. So it can "continue increasing in price" but that's just inflation, which is good.
You won't care about these things since you use casino coins mined in chinese farms, however, in private coins there is a focus to keep rewarding the network maintenance done by tens of thousand people at home with their personal laptops. It will take 50 years to increase 50% of the coins in circulation. 50 years. I'll repeat again: 50 years. Crypto isn't around since 25 years and you are FUD'ing about 50% circulation increase in about 50 years from today as if that is a good argument to adopt fedcoins instead of cryptocurrencies worthy of that name.
Not my friend, just hanging around the same BBS that time. Internet was smaller, got even smaller to those talking about shady tech. Authorities, criminals, crypto academics share the same tech circles. In 2009 there was nothing. No mining pools, no exchanges, nothing to use "bitcoin". Just solo mining and a lot of CPU burn, sure I've done it. Was a fun concept, but was far more profitable to write daytrade bots and skim stock exchanges in those days. Crypto coinage didn't appear overnight out of thin air at some public forum or mailing lists. We'd be testing and breaking whatever others would post there.
bro bitcoin is not digital gold, who lied to you? https://image.nostr.build/160b800e27618d1dfed7419faf39bdda96b2589c477ef60109f5b4b5505dc01f.jpg
Bitcoin is digital gold and bitcoin is money, bitcoin is what gold was 2000 years ago.
At what point in the white paper is it referred to as a gold?
https://primal.net/e/note1z5q0z3jafw36paxhl4h978fq5pg96qus5gnjpr3qsz08aejffv2qcwnmmd
Ah yes, "A store of value" "Gold" "I don't trust economics I make my own shit up" Clearly, and it shows. I'm not going to correct this thinking. Go read the whitepaper again, because you're missing the point. We don't need digital gold when we have gold already.
If you don't understand an analogy it's not my problem, you're a troll and you know it.
However use bitcoin as you prefer, neither I am going to convince you nor you are going to convince me, do not waste your time. Satoshi created bitcoin and made a point of saying it on bitcointalk and in his emails to protect us from monetary devaulation, which is a store of value, and on the other hand he also created it to be uncensored money. If you don't accept the duality it's not my problem, I use it for both. If I want to call it digital gold I call it digital gold, because gold was used as a store of value and money. And here ends this stupidly meaningless discussion of what the white paper says or does not say.
When you can define the protocol how you want, change the understanding and underlying structure, then where is this "trustless" system. You can't "trust" a protocol that's changed, soft or hard forks to get back to the original protocol? Yeah I don't want anything with that. nostr:nevent1qqsg2kec9qtas6l9sccs6xjg42qcu84zf3nqejckylyyxzdt2cg7dmgprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qgs0eac2gh86s9l24qfmnw52xawhz0f3d862yleaetpafygjmanaxlsrqsqqqqqplynpdn
