LAMike

5 ms·

1.
by LAMike 2y ago
Are you going to stop using AI because it consumes too much energy?
2.
by LAMike 2y ago
In what way? I assume you know how the minting of coins work with miners
3.
by LAMike 2y ago
Yes I think this is going to be the end of Bitcoin, we'll never hear about it again after this year
4.
by LAMike 2y ago
It is more rare than gold and getting more rare every 4 years. What is the current supply of gold and what will it be in 2050?
5.
by LAMike 2y ago
You don't really believe that do you? The market disagrees as well
6.
by LAMike 2y ago
[flagged]
7.
by LAMike 2y ago
His arguments about the feasibility of a 51% attack are off by an order of magnitude, and the fact that you can't easily reduce the amount of energy needed to mine is a feature, not a bug
8.
by LAMike 2y ago
What makes Bitcoin a scam?
9.
by LAMike 2y ago
Did you buy any Bitcoin for long term investment?
10.
by LAMike 2y ago
Their real estate portfolio is at least 1-2B, w/ 2B in debt, they are buying the business at a ratio of 20 P/E. Will be interesting to see how they do privately, good luck to them!
11.
by LAMike 2y ago
It's cool, but I'm wondering what the breakeven cost would have to be if you weren't planning on making money from PFOF? Can easily see this being $5-10 a month without a problem or even $500 lifetime pass for early supporter
12.
by LAMike 3y ago
Why don't you ask people in Egypt or Venezuela?
13.
by LAMike 3y ago
Already ahead of you Mr. Wheeler Hope you can buy yourself one when you grow up!
14.
by LAMike 3y ago
> Yeah, that seems great! Go for it! I mean, it is the best performing asset of the last 10 years, so yeah, it seems pretty great to anyone who has a brain. A 98% cash and 2% Bitcoin would beat the SPY returns for any 4 year period since
15.
by LAMike 3y ago
> Nope, because he's been inactive for 14 years If Bitcoin is so easy to track people why don't you find him? > You mean the SQLite database at third parties in some cases? Didn't answer my question, but you know you ca
16.
by LAMike 3y ago
You just described the current fiat system, where the top gets to benefit from the money printer while the middle class loses its purchasing power over time
17.
by LAMike 3y ago
Anything backed by the guarantee of a government or corporation?
18.
by LAMike 3y ago
> My daddy said bitcorn is bad :/ You should listen to him!
19.
by LAMike 3y ago
That's disgusting, you should probably change your 15 year old toothbrush
20.
by LAMike 3y ago
> Additionally, Bitcoin is super duper easy to track Could you tell me who Satoshi is? Could you explain how you can track who paid you a Lightning Network invoice? Have you ever written down a seed phrase or made a Bitcoin transaction o
21.
by LAMike 3y ago
> That's only a good thing in dictatorships, not in democracies. Yes, Bitcoin allows you to be a dictator of your personal finances, compared to fiat, a "democratic" system, where people you never voted into power get to p
22.
by LAMike 3y ago
> the entire cryptosphere as a whole is a wretched hive of scum and villainy COPE
23.
by LAMike 3y ago
> Also money is worthless How do you live life if you think money is worthless?
24.
by LAMike 3y ago
SCOREBOARD
25.
by LAMike 3y ago
> the only way to get new Bitcoins is to get them from someone, buy them in an exchange, or invest lots of money in specialized Bitcoin mining hardware. Have you heard of this new technology called a "J.O.B"? It enables people
26.
by LAMike 3y ago
Bitcoin is doing more to accelerate the adoption of wasted energy than any corporation on the planet. It is the buyer of last resort, open to anyone. Compare that to the fiat system, do you get to vote for who runs the Federal Reserve? Can
27.
by LAMike 3y ago
Herbalife is a pyramid scheme... Bitcoin is an open source payment system. Delusional take
28.
by LAMike 3y ago
They bent the knee, it's a total L for them to be 15 years late on the greatest asset ROI in this century
29.
by LAMike 3y ago
Bitcoin mining incentivizes finding the cheapest source of energy, accelerating things like the adoption of solar or using flared gas to power data centers instead of burning it into the atmosphere. Research deeper!
30.
by LAMike 3y ago
> Pretty much endgame level for Bitcoin. for Bitcoin critics

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