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Handsome_Hero
Bitcoin University
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Comments by "Handsome_Hero" (@illegalsmirf) on "Bitcoin University" channel.
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You know you're one in a million when you don't trot out the same tired cliches about how much of an investing genius Buffet is.
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It's almost as if these people are being coordinated by a central authority.
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I'm pro-tech and also pro-gold. You say that gold is obsolete because it requires to be mined, refined, handled, shipped etc. I say that that is exactly why it has value. Being in tech, I know that a lot of it is actually hand-waving and bluster with serious vulnerabilities.
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He’s a billionaire so he must be right about everything, including vaccines!
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I'm sorry, did anyone really think that voting Trump would fix anything? 😀
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The demographics are not 'collapsing', Europe has a large-scale population replacement program in place. One kind of demographic is being replaced with others.
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He's the kind of guy who wears white socks 😀
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The big risk to BTC is the natural human tendency to split off into ever and ever smaller factions (tribes). The same thing that led to all these sh!tty cryptos being created in the first place. When nobody can agree on anything, not even on the standard of value, you are in big trouble - civilization has come to an end.
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Congratulations on transitioning! What are your pronouns now?
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it's not the size but what you do with it that counts ;-)
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Make Crypto Scams Great Again 👍🇺🇸
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Price is the only thing anyone cares about.
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Sounds like the world of Bitcoin is a world of hurt. You're right - the average person will never, ever take responsibility to hold their own Bitcoin so it will always be used by a small technological elite. Question is, what will everyone else use for their money?
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What will the great unwashed masses use for currency while the technological elite hoard all the BTC?
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Until I can use Bitcoin as a means of payment in the supermarket or for my bills, BTC actually has less use-value than fiat.
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That's why the retail punters are piling on via ETF. Not because they want privacy and freedom of speech. It be all about dat 💲 though 🤑
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Gold's response hasn't been 'pathetic' and it's been outperforming BTC. One suspects it will continue to do so for a while 🙂
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@Midori_Hoshi Such pure, unadulterated arrogance almost always ends up in a bad fall. Also a very good way to create antagonism and ill-will - a kind of self-fulfilling prophecy in that sense.
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Would it have been better to hold $30k in cash?
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Meanwhile - stonks to the moon! 🤫
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This is why we have to tax the rich. Big Money has the unholy power of being able to create new money out of thin air, without doing anything productive. Let's expropriate that money and put it to use making the world a better place to live in.
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Seems like a lot of these crypto 'entrepreneurs' are of the Hebrew tribe.
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Rule 1: never spend it because its value is going to infinity 😅
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You say it's very difficult to stop data packets moving across the internet. I wonder if that is why governments all around the world are trying to force backdoors into encrypted internet traffic, prevent people from using VPNs and the like.
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Maybe there's a future for both?
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If gold has any advantages, it would be simplicity. I can buy some gold and put it somewhere safe and don't have to learn computer science in order to use it. If you are going to argue that gold hasn't moved much in over 10 years (the last time it peaked at $2000/oz was in 2011), then you can also argue that it would have been far better to put your money in S&P 500 and QQQ since 2011, which is of course what everyone did (and probably a lot of unprofitable gold was sold to take advantage of 0% interest rate environment), and have seen massive outsized returns since 2011. I can see that both gold and Bitcoin have had fairly drastic price swings since 2011, irrespective of money printing and inflation. So to me there is still some truth in the idea that Bitcoin behaves like a tech stonk.
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BTW, do you think the current condition of Cuba has anything to do with U.S. sanctions?
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What's truly sad is how many people put their faith in the Orange Man.
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you're beating an unalived horse as far as non-crypto people are concerned, when it comes to shipcoins. Much more interesting, why is BTC mirroring the dramatic swings of the QQQ but gold isn't?
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'I don't want to call anyone out and embarrass them.' DO IT! DO IT! DO IT!
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@Bitcoin_University it's almost like we need a universally acceptable store of value rather than each tribe having its own money
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Haha a sarcastic treatment of Steve Nison's infamous candlesticks. I look at my technical analysis charts every day, wasting endless hours of my life.
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If he can't eat it, he doesn't like it.
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Who will they sell gold to if all the gold bugs are d*ead?
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You still want a lambo though, right?
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Hmmm lucky Howard... maybe he knew something
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Well I would still like to hold a wee bit of gold. It's the silver stackers I pity. And I do wish I had bought some Bitcoin earlier. As a tech person I am tech-fatigued and when I realize that you need to be savvy and make an effort to hold your Bitcoin in cold storage I can just never summon up the energy.
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How do you run an economy on an absolutely scarce asset whose value tends to infinity? No human society has ever done this before. Hoarding and not spending will be rewarded once the supply of BTC dries up. Doesn't matter how many sats you make. What is infinity divided by infinity? It's still infinity. A moderate inflation is required to oil the engine of commerce.
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You sound like you're due for another booster 👹
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I'd rather watch porn than own Bitcoin <3
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If you DCA'd into QQQs you'd be far more profitable
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So which one is it, a beautiful metal or a yellow rock?
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As I predicted, BTC is becoming an elite project which the majority of people will never accept. How will BTC work unless everybody (even 'NPCs' - whatever that teenage slang means) accepts it as payment for goods and services?
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I am watching closely the efforts to mine gold in space. I will offload my gold if this ever becomes viable. On the other hand, a cheap plentiful supply of precious metals will have a big deflationary effect and make our lives better.
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Yeah - he's the only BTC person I listen to. Why does everyone else involved with BTC/crypto shill shipcoins and other frauds?
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Interesting! You've almost converted me on BitCoin :D
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Stonks only go up BTFD
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@butmunchass A 2% target is entirely arbitrary and is only designed to set expectations. In a world of onshoring, protectionism, trade wars and expensive and wasteful 'green' energy it is ridiculous to stick to a 2% target.
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So financial deregulation played no part whatever in any of those downturns? Interesting.
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If it becomes significantly useful, people will find ways to steal/confiscate it from you - don't worry about that.
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