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Titanium Rain
Mental Outlaw
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Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "Why Bitcoin Is Crashing" video.
@Mike Mo The value of the dollar is contingent on large diesel ships sailing around the world 24/7. If you're going to point the finger at the absurdity of crypto, always remember that everything sits on top of a house of cards.
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@Mike Mo Those ships carry products, if there's no canals blocked and there's no issues with labor at the ports or the way containers are handled. You criticize crypto for existing in computers and internet, but you are dependent on global trade which is no better. You trust the products to keep moving back and forth no matter what. The day there's no computers running 24/7, you won't be getting products from around the world either. No matter how much you want them.
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@Mike Mo Stop upvoting yourself. A mockery of scarcity? You mean like fiat currency? Real products? What is real about them? Most of it is trash and will end up in a landfill in a few years. The materials are dug from Earth and we put them back or worse, throw them into the ocean. Nothing was real. Digging a hole and filling it back up does not net you a real currency. It's as real as Runescape gold.
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@Mike Mo Can you condense your spergery to one post and stop upvoting yourself? Thanks.
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@Mike Mo This is the pot calling the kettle black. You're on record defending the biggest scheme in the world and upvoting yourself like a loser.
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@Mike Mo Who mints dollars?
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@Mike Mo Please, keep humiliating yourself by upvoting your own comments. The more you do this the worse it gets. Government backing doesn't mean two squirts. If you have no computers and not internet for the buttcoins, you have no government either. People who actually store value trade their dollars away for appreciable assets.
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@Mike Mo I don't buy literally nothing. You're barking up the wrong tree. Why are you talking about gold? You can't pay for meals in gold either. Unless you're in Venezuela and people are literally grinding it into flakes.
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@Theactualstoic You people come here and ask me for a full throated defense of BTC when I'm not the guy. I'm not. You're all punching air. All I pointed out is that you people come here and your argument is that your funny money is worth more than someone else's funny money. I just pointed out the lunacy of trying to pretend that BTC having no value after a collapse (no computers/internet) means anything when most people have money as a digital number in a database that's also based on computers and interconnectivity.
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@Mike Mo Gold is not a thing of value unless it can pay for your meals. If it a thing of value, it should be able to promise any meal you could afford. In a convoluted sense you can indirectly pay for a meal with gold by exchanging it first. But if there's no place to exchange gold, and all the restaurants tell you they only accept a certain currency, you can have all the gold you want and still not be able to pay for a meal. So how is gold a thing of value when in a vacuum, you can't get anything for it? You misunderstand value as an intrinsic property, but it's clearly entirely subjective no matter which way you slice it. Obviously in real life you'd find a manager who'd willingly take a piece of gold for the meal, but only because he can later exchange it.
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@Mike Mo Again punching air? Who said you had to buy a tally mark? Not me.
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