Comments by "Handsome_Hero" (@illegalsmirf) on "Bitcoin University" channel.

  1. Whatever Elon says, goes. Who are you to disagree with a genius billionaire who started with nothing and never leached from the government's teat?
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  2. He is an ancient old man, well past his prime
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  3. 'Corporations have given us ...' And a lot of the basic research was publicly funded. I wonder if corporations would bother to do it if they couldn't get government guarantees of bailouts, tariffs and subsidies, IP protection, public/private partnerships, tax breaks and other 'incentives'?
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  4. So are you telling everyone to stop holding any U.S. dollars whatsoever? Is it possible to pay everything with Bitcoin now?
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  5. It sounds like you think the world exists for the sake of Bitcoin and not the other way around. Property and land have value-in-use (which cash, bank deposits and Bitcoin do not but silver and gold do) and people will always have need of them. If you have a government confiscating your property and land I very much doubt that you are living in a world where Bitcoin is that useful to you, your real problem is dealing with your oppressive government.
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  6. Do big companies engage in noncompetitive and antisocial behavior like price gouging? No surprises, yes they do.
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  7. Oh dear, he must be due for another booster.
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  8. Any kind of retail trading is unprofitable, most retail traders lose money. That was true even during the great bull market run of late duration.
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  9. LOL all those bloodclots are caused by global warming you know! hahahaha
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  10. Max Keiser has always been cheesy and stinky
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  11. 'Somebody somewhere' decided to enrich themselves and orchestrated a 'bank run', leaving the taxpayer to clean up. Again. Tee hee ...
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  12. You should also address the deflationary impact of BTC becoming the sole bearer of value. If you hold something which has absolute scarcity then you rightfully expect that its value goes to infinity with the passage of time. Hence, you will be reluctant to sell (or exchange for something else) your Bitcoin under any circumstances. This will have an enormous deflationary impact since people will be far less likely to spend money or exchange goods and services unless they really have to. This has good impacts (reduces waste, consumerism and increases prudence, saving, the quality and durability of goods etc) and bad impacts, one of which will be many millions of jobs will go. Has the world ever been in a situation where its money supply was absolutely scarce with no prospect of minting any new money ever again? How is this resolved?
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  13. The agenda of world government (and Chooish supremacy) is far more important than allowing 'little people' to have free speech.
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  14. lol so this just gets even more complicated and intricate, this will undoubtedly ensure widespread adoption doesn't occur for decades.
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  15. When it comes to international finance, nobody can outsmart G-d’s chosen people
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  16. There's no point in trying to reason with Maga cultists. Ron DeSantis would have been the better choice.
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  17.  @Bitcoin_University  Yep
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  18. So is everyone HODLing to the very last Sat? None of you are actually spending Sats on daily transactions/payments, right?
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  19. Go Canada! It has turned into a dictatorship where you only have rights if you are trans or you want to die.
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  20. 'off of' - yuck, I thought you were more intelligent than to use that disgusting expression.
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  21. So do people think they can safely sit this all out and keep all their assets in Bitcoin and they'll be fine? If what you're saying is true it sounds like people will be needing real assets and a willingness to fight ...
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  22. Yes, and the Communist Chinese can hack your secure keys and encrypted information with quantum computers. The tech bros own you
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  23. If you can learn Bitcoin you can learn Linux.
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  24. How will Bitcoin be useful when the Great Reset agenda is complete and every person's access to the electricity supply is rationed by their social credit score? It seems a bit like the situation with electric cars: you won't be able to travel anywhere that doesn't have a charging station. When Bitcoin is the sole measure of value, do you foresee any issues with the inevitable concentration of wealth (nobody wants to sell their Bitcoin because it constantly appreciates in value; no 'whales' will ever sell it; how is credit created when there is zero supply of money, and so on). Seems to me that a situation of being able to moderately increase the money supply (via small amounts of additional gold) is better than absolute zero money growth for the rest of time. Interesting!
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  25. You're absolutely right of course, and Bitcoin is cheap and easy to store and transmit because it's nothing more than a string of code, whereas gold is a real thing with real value. Well, Bitcoin is relatively easy - try getting your average person who can't even work a computer properly to understand the minutiae of holding their old cold wallet 🤣
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  26. Corruption is rampant in the USA, so nothing should come as a surprise any more. I hear there's even going to be a new 'variant' and another push for clot shots.
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  27. haha close some of those browser tabs
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  28. Fast travel means half the population of Africa can migrate to Europe within a few months, enjoy
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  29. Who is taking advantage of these prices to offload some of their BTC?
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  30.  @Bitcoin_University  Hoarding strictly speaking means keeping money out of the 'system', it's not the same as saving (if you put money in a bank, the bank will lend it out). But with BTC you definitely have the incentive to hoard - keep value out of the system. It's no different from keeping gold bars in a vault or dollars under your bed. I can't see any future where BTC would be the sole currency in use because it would severely discourage spending. This kind of future needs to be 'imagined' and described for us.
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  31. Money is whatever people think it is. Gold and silver stopped being used as money in everyday transactions so long ago that only central banks accept it now. With that being said, gold's value is only going higher from here - but not to the extent BTC will. What's the advantage of holding some gold? It's very simple. You don't have to learn computer science. Remember that a lot of people are still hopelessly compute illiterate 30 years into the Internet age.
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  32. 'Changing the code' sounds pretty ominous. Can 'the code' be changed in any way the devs see fit?
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  33. No
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  34. Decentralized crypto is a great way for them to avoid paying tax. Ordinary people will have to pick up the slack!
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  35. Well, this stuff does a good job repelling the average person from getting involved in BTC. Maybe that's the point?
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  36. The best strategy for stonks is to average in, buy and hold an S&P 500 ETF or QQQ. Over a period of time (5 or more years) you're guaranteed to make money. You can 'set it and forget it' and not have to sit at your computer timing your entries and exits. The difference being that that money is actually then used for productive activity, whereas money parked in BTC is effectively off the grid and has the same depressing economic effect as hoarding.
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  37.  @kirkD9349  Depends. Did you go 'all in' at the ATM, or were you averaging in during those 13 years? Also, the simple 50-day/200-day 'golden cross' strategy works very well with S&P 500.
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  38.  @Bitcoin_University  Savings is money that remains in the system (one way or another, banks are able to access it and loan it back out again). Your BTC is out of the system just like vaulted gold bars are, so it is a leakage that is not injected back in again.
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  39. Aren't you concerned about Cramer, Fink, Goldman et al pumping Bitcoin?
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  40. I know you are a lover of literature, have you read the extended version of 'The Fable of the Bees'? One of the results of a 'spiritual, less materialistic' culture will be far fewer jobs since people will be spending less (thus creating far less employment). What will you do with all those 'unemployed hands' who have nothing to do in a 'spiritual' society that is experiencing severe deflation?
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  41. As opposed to mass democracy, where the people vote for Biden or Trump - both of whom are equally useless? You wouldn't want a plumber or a lawyer who was the most popular, you'd want the one who was best at their work. Isn't government of a complex society something that requires skill, knowledge and ability rather than popularity?
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  42. Medicare is a huge scam. Future generations are hopelessly indebted to pay for lavish benefits for the boomers. The boomer generation truly are the generation of vampires, desperately trying to cling on to power till the the bitter end.
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  43. Bitcoin as the Saviour of the world! Interesting perspective.
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  44. By 'localism' I take it you mean you live somewhere fairly rural or not surrounded by many people
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  45.  @littlered7820  blah
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  46. The kiddie pr00n 'inscriptions' are permanent too, right?
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  47. Why don't they just use gold instead of creating a new gold-backed currency?
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  48.  @spx730  Gold has appreciated 17% since September 2022 while BTC is down 20% since that time
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  49.  @spx730  it is what it is, bud
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  50. I'm surprised to hear that you can benefit from insider trading by buying BlackRock. I thought insider trading (which probably goes on all the time) maybe enriched particular individuals, rather than the companies they work for.
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