DislikedBTC let's you opt out of the constant devaluation of your hard work by the central banks.Ignored
QuoteDislikedA. How could Craig Wright have gotten hacked? If he's dumb enough to have his bitcoin stolen, I have to start wondering if he's Satoshi. That's hard to do when even the existence of this lawsuit furthers the claim.
QuoteDislikedB. Did a government hack CW? His profile is high enough, and the amounts are large enough, that Russia or China would target him.
QuoteDislikedC. Is Craig "staging" the hack as a legal ploy to hurt Bitcoin? If he can demonstrate that the blockchain is reversible, by legal means, that'll be a game changer.
QuoteDislikedBut isn't legal-reversibility a positive attribute for money system? My crypto world-view just got a little fuzzy.
DislikedI believe a combination of A, B, and C is what is transpiring in front of us. {quote} Bitcoin Core team introduced a bug that allows for an 'anyonecanspend' transaction. 24:14 {quote} Likely not an isolated government but a rogue agency using BTC for darknet markets. 29:30 {quote} If CW demonstrates core developers are irresponsible and compromised Bitcoin's security in court, then as you said "game changer". 40:06...Ignored
DislikedWhat do you guys think? It's a conspiracy theory, but there might be something to it. https://cryptocassandra.medium.com/w...p-378490ce854dIgnored
DislikedWhat do you guys think? It's a conspiracy theory, but there might be something to it. https://cryptocassandra.medium.com/w...p-378490ce854dIgnored
Disliked{quote} Thanks for the info Rinzler! I'm in a busy week but will do my best to catch up to you.Ignored
Disliked{quote} What if they bought the wallets from Satoshi? Is that even possible?Ignored
Disliked{quote} If BTC is digital gold then it's undervalued by about $9T. CBDC's will take over payments, BTC let's you opt out of the constant devaluation of your hard work by the centanks.Ignored
DislikedWith all that said, I still have no idea what's going on with this hack/lawsuit. I'm awaiting further info, because I'll go crazy trying to solve this with such limited facts.Ignored
Disliked{quote} if someone wanted to they can create another BTC, just slightly different and/or limit its supply, yIgnored
Disliked{quote} exactly what makes BTC worth something is extrinsic (FOMO) whereas commodities like gold;copper;pladium;unobtanium have intrinsic valueIgnored
Disliked{quote} defi ; transactional and general crypto-ecosystems seem to me to have a more sound long-term base of use/value, so to champion one over all others in this case is more speculation / fandom rather than support for a move away from fiatIgnored
Disliked{quote} Isn't that what BSV & BCH are? At what point is this argument invalid? $2T market cap? The market has already picked a winner. Personally I think we're past the point of this argument being valid with major institutions piling in with each passing day. The incentives just aren't there to switch to something different. {quote} Over 90% of gold's market cap is not related to intrinsic value. I'll amend my prior statement to say BTC is undervalued by $8T (although I think the ease of use/storage/transfer will likely make it more widely used...Ignored
Disliked{quote} Over 90% of gold's market cap is not related to intrinsic value. I'll amend my prior statement to say BTC is undervalued by $8T (although I think the ease of use/storage/transfer will likely make it more widely used as a store of value than gold is now). {image} {quote}Ignored
Disliked{quote} 'Major institutions isnt valid argument , if anything its a negative.. But let's assume youre right.. If bitcoins price is valid and undervalued compared to gold (assuming bitcoin is comparable *cough cough*)) then surely you think BSV is massively undervalued?Ignored
Disliked{quote} I don't know how you can compare bitcoin to gold when it's purely a technology market. People seem to have forgotten that.Ignored
Disliked{quote} I look at all of crypto through the lens of network effects so institutional adoption is very bullish and will lead to increased adoption by the masses.Ignored
QuoteDislikedAlong the same lines BSV is moving in the wrong direction with more and more exchanges delisting BSV. Satoshi or not (LOL no way), CSW isn't doing BSV holders any favors by pissing off the world.
QuoteDisliked{quote} Less than 10% of gold is used for industrial purposes... Strip that out and the remaining market cap is investment/speculation which is an apples to apples comparison with BTC.
QuoteDislikedYou own gold because you think people will value it more in the future or it will at least retain it's purchasing power against fiat.