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Mar 9 2022 02:51pm
Quote (lodd222 @ Mar 9 2022 03:44pm)
how about Australia's "freedom" camps? A country w/ many similarities like US.


Can't think of one country or territory left under the queens rule that isn'r Orwellian or has basic freedoms protected.
Except maybe Pitcarin, 200 years of inbreeding and isolation it's pretty much rape Island, where a supply ship comes every 6 months.
Free citizenship and welfare status there too, I hear its going to get internet soon.
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Mar 9 2022 02:54pm
Quote (PapaPsych @ Mar 9 2022 12:51pm)
Can't think of one country or territory left under the queens rule that isn'r Orwellian or has basic freedoms protected.
Except maybe Pitcarin, 200 years of inbreeding and isolation it's pretty much rape Island, where a supply ship comes every 6 months.
Free citizenship and welfare status there too, I hear its going to get internet soon.



that's like throwing away the key .
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Mar 9 2022 05:22pm
Quote (datajunky @ Mar 9 2022 10:19am)
Unstable how? It has a higher "uptime" than any other network, and payment system in the world which makes it the most reliable and stable currency in the world, without a doubt.

If you mean the price, then yes I agree, it's highly volatile especially paired with a constantly devalued and inflated US dollar.

Bitcoin is deflationary. It is unaffected by inflation because it simply doesn't exist in the bitcoin network. That is an outside influence that I Ly affects the devaluation of the Shitty USD it's paired with. They need to fix the USD, but they won't.

I don't understand what you mean by "interest" so you'll have to clarify that for me. Thanks for the response man.


This has been true over the past five years.

However goods have a price set by its demand. Gold makes jewelry, platinum makes catalytic converters, palladium makes microchips.

The only value of bitcoin is that its a fixed commodity and no more can ever be made.
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Mar 13 2022 09:08pm
Quote (EndlessSky @ Mar 9 2022 05:22pm)
This has been true over the past five years.

However goods have a price set by its demand. Gold makes jewelry, platinum makes catalytic converters, palladium makes microchips.

The only value of bitcoin is that its a fixed commodity and no more can ever be made.


I would argue that the permissionless immutable access to the value storage in the bitcoin network is in high demand and even more so when emergency powers freeze bank accounts of peaceful protestors like we've seen in Canada.

This is just one value add to a long list of banking services being built on btc rails.
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Mar 13 2022 09:15pm
Quote (addone @ Mar 9 2022 02:41pm)
Yea I was talking about the price, which is directly tied to emotional whims of the public or big influencers like Musk with a drop of a tweet can raise or tank your life savings.
The dollar is slowly going down due to inflation but it's stable enough to adjust.

When I was talking about interest I was referring that bitcoin is still subject to borrow and lending interest like the dollar. What happens when you borrow 10 bitcoin and have to pay 11?



They have mass surveillance and corrupt government that if you are speaking out in any way that displeases the egos of the leaders they will put you in re-education facility. Free speech or freedom of the press or access to information is controlled and is restrictive.
If China decides it wants to vaccinate there is not much you can do.


https://www.youtube.com/watch?v=rKek0Y30Ctw


All markets are subject to the whims of billionaires tweeting opinions. Not just btc or doge.

Look at the recent explosion in nickel, a stable metal market that just went parabolic because a single multi billionaire was being short squeezed.

The interest in lending is fine, it exists everywhere. That risk is pushed to the pools of lenders and works WAY BETTER ON BLOCKCHAIN than on any traditional market because it removes the middleman components almost completely and give borrowers better rates and lenders better collateral options.

Fiat is not stable, it's been declining steadily ever since 1913 and has recently been so volatile and printed I to oblivion, the effects are yet to be felt, but as you can see now.. It's beginning to look a lot like inflation everywhere you look and your cash is devaluing 15% a year right now.

Bitcoin is by far the superior product right now.
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Mar 13 2022 09:17pm
Quote (PapaPsych @ Mar 9 2022 02:51pm)
Can't think of one country or territory left under the queens rule that isn'r Orwellian or has basic freedoms protected.
Except maybe Pitcarin, 200 years of inbreeding and isolation it's pretty much rape Island, where a supply ship comes every 6 months.
Free citizenship and welfare status there too, I hear its going to get internet soon.


Yep, the commonwealth nations are the most centralized nations in the world. Epic failure in management and there is a storm brewing worldwide
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Mar 13 2022 09:28pm
Quote (datajunky @ Mar 14 2022 04:08am)
I would argue that the permissionless immutable access to the value storage in the bitcoin network is in high demand and even more so when emergency powers freeze bank accounts of peaceful protestors like we've seen in Canada.

This is just one value add to a long list of banking services being built on btc rails.


More or less.

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Mar 14 2022 11:55pm
Quote (datajunky @ Mar 14 2022 04:15pm)
All markets are subject to the whims of billionaires tweeting opinions. Not just btc or doge.

Look at the recent explosion in nickel, a stable metal market that just went parabolic because a single multi billionaire was being short squeezed.

The interest in lending is fine, it exists everywhere. That risk is pushed to the pools of lenders and works WAY BETTER ON BLOCKCHAIN than on any traditional market because it removes the middleman components almost completely and give borrowers better rates and lenders better collateral options.

Fiat is not stable, it's been declining steadily ever since 1913 and has recently been so volatile and printed I to oblivion, the effects are yet to be felt, but as you can see now.. It's beginning to look a lot like inflation everywhere you look and your cash is devaluing 15% a year right now.

Bitcoin is by far the superior product right now.


Hopefully you don't have blinders on because you think turning get rich schemes from shit coins or btc etc makes it better replacement for current monetary system. It might be better in a sense that it's decentralised and doesn't have a middleman however it's a poor solution to current one. Crypto is closely tied to the dollar and has shown big gaps in its security as there have been over 3.2billion stolen last year a 5 fold increase from previous year. It's equivalent storing money in a public locker. Anyone with reasonable hacking skill and determination can take your money.

Big gov will never allow bitcoin to be truly anonymous, legislation is under way to prevent tax fraud or laundering of any kind. Most likely what will happen they will just role out their own highly monitored crypto which won't be much different from current online banking. And when cash dissapears then you are at the mercy of the government to be a good boy/girl. Which flips the dynamic of people electing to represent their interest upside down. (At least thats what should be the case)

When 21 million coins get mined as btc promises and I borrow you those 21 million coins I expect to receive 22 in return? Where are the extra coins going to come from?

I think the millennials and the zoomers are in the "fake it till you make it phase right now" there are too many variables which are not figured out. It's a cute concept but needs more work
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Mar 16 2022 01:16am
Quote (datajunky @ Mar 5 2022 12:48pm)
Hey guys,

Hope you are all doing well. Putting aside the differences between us and engaging in civil discourse is paramount in these troubling times.

Propaganda continues to dominate the airways secretly manufacturing consent of the governed simply by repeating the same lies over and over again. On both sides we see this machine churning misinformation. Even the neutral positions in most divisive debates have an agenda it seems.

One things for certain, bitcoins ultimate use case of friction less currency has proven to be life saving for some. Hope you all see the value in being able to transact without your lords and ladies permission.

Stay cool, Stay focused. 😘


most of us engage in civil discourse. then there is the lefties that do nothing but wiggle their ears and play grab azz all the time

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Mar 16 2022 01:20am
Quote (addone @ Mar 9 2022 08:41pm)
Yea I was talking about the price, which is directly tied to emotional whims of the public or big influencers like Musk with a drop of a tweet can raise or tank your life savings.
The dollar is slowly going down due to inflation but it's stable enough to adjust.

When I was talking about interest I was referring that bitcoin is still subject to borrow and lending interest like the dollar. What happens when you borrow 10 bitcoin and have to pay 11?



They have mass surveillance and corrupt government that if you are speaking out in any way that displeases the egos of the leaders they will put you in re-education facility. Free speech or freedom of the press or access to information is controlled and is restrictive.
If China decides it wants to vaccinate there is not much you can do.


https://www.youtube.com/watch?v=rKek0Y30Ctw


initially I thought the video is from australia or canada.

covid is a hoax
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