>>62046631
I need you guys to pump my vaporware up over $96,000 so that I can make my exit. you all know how this works, so don't play dumb. I did my part and now it's time for you to step up and do yours. don't worry, your exit will come at some point in the future. trust the plan.

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>>62046651
Ok so you are somebody that seems to be disillusioned with cryptocurrencies because of all the pump and dumps. And you are justified in being fed up and tired of all these scammers. The simple fact remains, though, that just because we can use the internet for evil, does not make the internet inherently evil. We can use the internet to steal from each other and scam each other, but the internet itself is an amazing thing. A powerful tool that can be used for good or evil.

bot thread

>>62046631
The structure of Bitcoin mining inherently leads to the rich getting richer through a powerful feedback loop of economies of scale.

First, only the wealthy can afford the massive upfront capital required to build industrial-scale mining farms with tens of thousands of the most efficient ASIC miners. This high barrier to entry excludes ordinary people.

Second, these large operations secure incredibly low, bulk-rate electricity prices, often by co-locating with power plants or in remote regions. This drastically lowers their primary operational cost, a small miner could never access.

Finally, this combination of superior hardware and cheaper energy gives them a massive advantage in solving blocks and earning Bitcoin. The profits they generate are then reinvested into more efficient hardware and larger facilities, further widening the gap and consolidating their control over the network. It's a system where capital begets more capital, and the barrier to entry only gets higher.

>>62046929
You can buy miners that operate inc these hosting facilities and pay electricity/hosting costs on a monthly basis. Though right now it’s really only viable to be profitable if you buy the among the newest models. Also yes most of our clients are either businesses or high profile individuals who can afford to pay at least a few hundred grand for a few dozen rigs fleet or a few million for a hundred or more.
t. Works in the industry

>>62046944
Sounds decentralized to me.

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>>62046929
>>62047048
This is a valid point you bring up, but it does not mean Bitcoin is bad. This idea is old and I think even Satoshi himself talked about this. He mentioned that as the network grew that mining would become so competitive that it would lead to centralization of hashpower and I think he even mentioned the inevitable rise of mining pools. I think it is important that I mention that even today, there are solo miners that sometimes get chosen to create the next block, admittedly it is rare.

>The structure of Bitcoin mining inherently leads to the rich getting richer through a powerful feedback loop of economies of scale.
Economies of scale is not unique to Bitcoin, and is actually true more often than not. Poor people have been seething for centuries that the rich get richer but it is actually the path of least resistance when you have amassed a great amount of wealth, it is hard not to make more money (whether you will beat inflation or not, that is another story).

Bitcoin mining is so competitive that it has become a nuclear arms race to construct the most efficient mining operations. Not only is it expensive to start your own mining, but you also need access to cheap electricity and a cold climate. This feedback loop which you mention sounds scary, but is literally nothing more than basic economies of scale. There is no "powerful feedback loop", it is the simple feedback loop which is the reason economies of scale exist in the first place.

Everything you have said is true and is also the main reason why Bitcoin is the MOST SECURE NETWORK IN THE WORLD. The high barrier to entry and high costs is the MAIN REASON PARTICIPANTS ARE INCENTIVIZED TO BEHAVE. Your skin in the game keeps you honest. There are many people that want to decentralize mining with bigger blocks, asic resistance, etc. No matter what, Bitcoin is an amazing invention.

tldr The simple fact that economies of scale exist, does not make the idea in question worthless or a scam

>>62048987
Bitcoin was supposed to eliminate the need for trusted intermediaries. But when a handful of mining pools control over 50% of the network's hashpower, you are simply swapping a bank for a mining cartel. These entities can now engage in 51% attacks, censor transactions, and rewrite the ledger. You are forced to trust that these anonymous, profit-driven oligarchs will act benevolently. This is far worse than trusting a regulated bank; it's trusting a new, unaccountable ruling class with the power to control the entire system. The "trustless" promise collapses into a farce.

The fact that a solo miner occasionally wins a block is not a sign of fairness; it's a statistical lottery ticket used to distract the masses from the rigged casino they're all playing in. It's the "bread and circuses" of the crypto world—a meaningless anomaly that masks the systemic rot. Accepting this centralization isn't being pragmatic; it's endorsing the creation of a technologically advanced, globally scalable engine for inequality that will ultimately fracture society into a tiny class of digital landlords and a vast population of powerless tenants.

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>>62050548
Man, I feel like you're generating these responses with AI or something. You are wrong on so many levels. You spout objectively wrong ideas, and speak about it with such strong conviction.

>Bitcoin was supposed to eliminate the need for trusted intermediaries.
It quite literally has, especially when you consider that it has inspired the first truly programmable money (ETH) and all the iterations that followed; we now have smart contracts and if you cannot understand how that will diminish the role of trusted third parties (TTP), then I don't know what to tell you. Bitcoin did not invent anything new, but the way it incorporated proof-of-work into a decentralized timestamp database was novel. Multisig? The effect it has had (and will continue to have) is profound. Quick note: you will never fully eliminate TTPs, but Bitcoin absolutely achieved it's goal of showing the world that, maybe, there's a better way to do things. A mathematically guaranteed way. A cryptographically secure way.

>But when a handful of mining pools control over 50% of the network's hashpower, you are simply swapping a bank for a mining cartel. These entities can now engage in 51% attacks, censor transactions, and rewrite the ledger.
False. The banks of today misbehave and mismanage money and cause chaos turmoil in the markets. And what happens to them? They simply get bailed out. The miners are actually at the mercy of the market forces, so if they misbehave their punishment is 100% their doing. Nobody has ever done those three things because if they did, they would lose a ton of money. A 51% attack would cause a market wide dump. Also mismanaging your pooled resources would cause a large percentage of them to leave you, probably strengthening your competitors or creating an entirely new pool. The amount of money you have invested and, more importantly, the fear of losing your investment, is what keeps you from misbehaving. Banks do not have these incentives aligned correctly.

>>62050548

>You are forced to trust that these anonymous, profit-driven oligarchs will act benevolently. This is far worse than trusting a regulated bank.
Wrong. You have to trust that banks will act benevolently (and often they don't). With miners, I trust they will act benevolently because it is in their OWN BEST INTEREST to act benevolently. It is the amount of money they stand to lose which keeps them on the straight and narrow. They misbehave? They erode their public image and therefore lose money. The market will have the final word. Banks don't give a fuck, especially when you remember some of them are too big to fail. Andreas Antonopoulos has a few good videos where he explains the cost of even attempting an attack and why it is so cost prohibitive.

>The "trustless" promise collapses into a farce.
An incorrect conclusion that stems from a disingenuous interpretation of the facts.

>The fact that a solo miner occasionally wins a block is not a sign of fairness; it's a statistical lottery ticket used to distract the masses from the rigged casino they're all playing in. It's the "bread and circuses" of the crypto world—a meaningless anomaly that masks the systemic rot.
This is the part that makes me think you are using AI. The solo miner winning a block is not being used to distract anyone from anything. It is not done on purpose. It is quite literally the decentralization at work. I already admitted that it is rare, but the fact it happens is an example that things are working correctly. You talk about this as if it's being used by somebody to "mask systemic rot"? What the fuck are you even saying?

>>62053394
Your final point about all this being an engine for inequality and creating digital landlords and tenants is just plain FUD. I will admit though, the early internet had the potential to free us (and in some ways it did) but today it is used to control us by physically tracking us and incepting ideas.

However, the dark web still exists, and thus I believe some part of crypto will remain free and will carry on Satoshi's legacy forever. Crypto will probably be used against us in the form of digital IDs or digital currencies, but just like the dark web is still "lawless" in some sense, we will forever have blockchains that will never be tamed by governments and their laws. Monero? I don't know really. Also stop using AI.

>>62046631
It doesn't exist.

You can't prove it does exist either.

It's just bits in a computer. Ephemeral.

It can't be used for anything.

The original meaning of it was as for payments.

Nobody uses it for payments.

It yields nothing.

You have to sell it to realise any profit.

Everyone just hoards it. Making it useless as a currency.

Yielding investments are better because you don't need to sell them to make money.

Everyone is hoarding nothing.

You will own nothing and be happy.

>>62053789
You can take it across a border.
You can hide that you have it (this one is hard, but possible).
You can send it to anyone in the world in 20 minutes, and nobody can stop you (if you can afford the fee).
You can send millions of dollars worth of it for the same fee that it costs to send $1000 worth of it.
Nobody will block your transfer, or review it.
It's very hard to exit into fiat money, banks are fighting it any way they can, but it's still possible, you can buy prepaid cards and spend that way.
You can cross borders with it and nobody will find it on you (if you memorize your seed).
You can just hand your seed to your kid once you're ready to check out.
Eventually the lack of tail emission will kill it dead and the chain will get so analyzed that they'll track you down if you use it, but that's what Monero is for. Eventually that one too will get too big to use, but we'll jump off that bridge when we come to it.

>>62054062
>You can take it across a border.
I have no need to do this. I live in a 1st world country.
>You can hide that you have it (this one is hard, but possible).
Then why do people keep getting robbed and forced to hand over their BTC and there is no way to stop it, because it is "self custodied"
>You can send it to anyone in the world in 20 minutes, and nobody can stop you (if you can afford the fee).
I have no need to do this. In fact, I would prefer it was not so easy because the ease of sending to other countries increases my risk to be scammed.
>You can send millions of dollars worth of it for the same fee that it costs to send $1000 worth of it.
I never make millions of dollars worth of transfers that don't involve my own accounts.
>Nobody will block your transfer, or review it.
Nobody has ever blocked my tradfi transactions to legitimate places that weren't scams.
>It's very hard to exit into fiat money, banks are fighting it any way they can, but it's still possible, you can buy prepaid cards and spend that way.
Sounds like a trap for being jailed for tax evasion.
>You can cross borders with it and nobody will find it on you (if you memorize your seed).
Not true. What about Roger Ver. He tried to evade taxes by leaving USA and never paid the exit tax. What about all those people who have been kidnapped and forced to hand over their BTC?
>You can just hand your seed to your kid once you're ready to check out.
I can just hand over my gold too. And they don't need to know any technical stuff. They literally just take it.
>Eventually the lack of tail emission will kill it dead and the chain will get so analyzed that they'll track you down if you use it, but that's what Monero is for. Eventually that one too will get too big to use, but we'll jump off that bridge when we come to it.
Monero is a scam.

>>62054062

>if you can afford the fee

You have clearly never used Bitcoin, at least not outside of an exchange. One time, I sent $6,000.00 for $0.11.

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>>62046631
Hello. I'm not here to argue with you. I think so long as our monetary system exists crypto is here to stay, whatever it started as, and just like the stock market it'll only go up from here (with occasional rollercoaster-style dips).
However, I do have a question for you, OP. What have you done to prepare for the possibility that our monetary system fails? Is there a well stocked bunker in the woods for you?
It is important to hedge one's bets.

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>>62054131
Are you being serious? Are you capable of recognizing that you are not the only person in the world? Your wants/needs have no impact on the amazing invention that is Bitcoin. I have to conclude you are just trolling.

>I have no need to do this. I live in a 1st world country.
Lowest IQ take I've heard in a while. Capital controls are brutal in certain places. Bitcoin can help people that are not you. You do understand other people exist?

>Then why do people keep getting robbed and forced to hand over their BTC and there is no way to stop it, because it is "self custodied"
People get crypto robbed for the same reason that people get robbed of their gold and cash. They flaunt their wealth and it raises eyebrows. Crypto doesn't HAVE TO be self custodied, but it obviously is the best way to hold it. You can memorize your money and hold it in your head. This is by far the most secure valuable in the world and even then you can get hit with a $5 wrench attack.

>I have no need to do this. In fact, I would prefer it was not so easy because the ease of sending to other countries increases my risk to be scammed.
>I never make millions of dollars worth of transfers that don't involve my own accounts.
>Nobody has ever blocked my tradfi transactions to legitimate places that weren't scams.
See above. This is especially important when you consider there are journalists in countries that are being hunted down by the governments they are trying to expose.

>I can just hand over my gold too. And they don't need to know any technical stuff. They literally just take it.
You can't hide a million dollars of gold in your butthole. Now, thanks to crypto, you can! You can automate the inheritance process.

>Monero is a scam.
That remains to be seen, but from what I can gather, it is a legitimate application of cryptography and it makes government agencies seethe. I am surprised that they haven't made it outright illegal like they did with TornadoCash. Barbra Streisand Effect?

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>>62054131
>Not true. What about Roger Ver. He tried to evade taxes by leaving USA and never paid the exit tax. What about all those people who have been kidnapped and forced to hand over their BTC?
This point is the only intelligent thing in your entire post.

America is probably the only country in the world to pursue you for taxes even after you leave and never intend to come back. Quick history lesson: this started because one of the founders of Facebook, Eduardo Saverin, made over $10 billion dollars with a $30k investment and then fucked off to live in Singapore (after denouncing his US citizenship). This infuriated the IRS because they realized that, legally, there was absolutely nothing they could do. Congress then passed a law called the Ex-PATRIOT Act, which allows the IRS to pursue you for taxes owed even after you leave.

So you say "What about Roger Ver?" and the answer is that what Roger Ver did would have been impossible without Bitcoin. Roger would never have been able to take his billions with him since the Ex-PATRIOT Act would have prevented him from using traditional finance to move his money. He was able to do it thanks to the cryptographic marvel that is Bitcoin. He just kept running his mouth and doing interviews when what he should have done is be happy and lay low. People can be kidnapped and can be forced to divulge pretty much anything, bank account and crypto passwords included. The amazing thing is that you can open your own crypto account without permission and move it without permission and store it in your head. I think Obama once called it a "Swiss bank account in your pocket". You as an individual can always be tied to a chair and hit over the head until you give the passwords, but organizations can never be forced to give up their money anymore. And countries? Forget about it. North Korea regularly steals hundreds of millions in crypto. Nobody can force them to give it back. Otto Warmbier's family was able to claw some money back.

Stable coins. When crapto switched from natural price discovery and nearly died in 2015 to embracing to be a re-hypothecation ponzi on sovereign bond ponzis. Yes it made a lot of profits, but was making sure it deterministically dies the moment the sovereign bond ponzi dies which was when the majority of boomer switched from net positive cashflow into ponzis to net negative, which was November 25

>>62055629
>TornadoCash

Tornado Cash is legal.

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lmao all shitcoins are ponzis, just look at the wiki bio of brock pierce founder of tether which pumped btc to its current levels
if you think the sheeps can ever fight wolves you must be a highschooler or an idiot

Well the mechanism makes it grow from the loses of people who sold at a loss and thats it.

Cryptocurrency is useless because you can't easily convert it into fiat in large volumes. That's it. This is the case with so many "investments" and schemes right now.

Unless you can cash out today and be able to use the liquidity instantly, it's percieved value is worthless. It's just magic numbers on a screen. People are starting to learn the hard way that all their big numbers are on the computer were lies, aa when they come to actually start needing the cash (like now) there is always a reason why they can't actually convert the perceived value to ready to use fiat.

It's not that complicated. Can't use it at the gas station or supermarket? It's worthless.

>>62056288

You can absolutely convert "large volumes" into fiat. Go try to withdraw $50k from the bank and tell me how that works out.

Also know, that if you spend $10k from your bank account, it will be reported to the government.

You don't know anything about Bitcoin.

>>62046631
Okay, I'll engage in good faith. Here is what I find most damning and leads me to conclude that the entire space is, at its core, a predatory and exploitative system.

My core issue is the fundamental disconnect between the marketed purpose and the actual function.

Crypto is marketed as a revolutionary technology for the unbanked, a tool for financial freedom, a hedge against inflation, and the future of money. However, its primary, real-world function for the last decade has been as a speculative casino. The vast majority of activity is not people using it to buy coffee or send remittances; it's people trading tokens, hoping to buy low and sell high to the "next guy."

This leads to my central question:

If the technology is so revolutionary, why does its success and adoption depend almost entirely on its price going up in a fiat currency (the very system it's supposed to replace)?

The entire ecosystem—from the influencers on YouTube to the developers launching a new token—is overwhelmingly incentivized by pumping the price. The "value" of most crypto assets seems to be derived not from their utility, but from the collective belief that someone else will pay more for them later. This is the textbook definition of a greater fool theory asset.

So, my genuine question is: Can you provide evidence of widespread, organic adoption of crypto as a medium of exchange or unit of account that is completely divorced from its speculative value proposition? I'm not talking about a few niche cases or a handful of merchants accepting it for PR. I'm talking about a functioning economy where people are paid in crypto and use it for their daily expenses without constantly thinking about its price against the dollar.

Without that, it seems less like a new financial system and more like a brilliantly marketed, digitally-native, unregulated financial product designed to extract wealth from new entrants and transfer it to early adopters and insiders.

>>62053394
>>62053467
>>62053497
Your entire argument rests on the naive assumption that miners' rational self-interest will always align with the network's health, but this ignores game theory: the most profitable move for a dominant mining pool is to temporarily censor competing transactions or double-spend on a massive scale, cash out on other exchanges, and then short Bitcoin before the market even realizes it's under attack, profiting from the very chaos they create.

>>62060478
Please

>>62058120
There was one example of adoption, 13 years ago. With the widespread regularization of around 2015 that use case went away; that why crapto nearly died in 2015. Since then, no use case

>>62046631
how do you practically convert btc or monero into something(cash) you can trade for practical real world resources without relying on large institutions such as banks? If I have $75000 worth of bitcoin, as far as I can see, it's still has to go through some kind of monitored financial checkpoint to be converted into something useful, which carries all the implications of taxation, monitoring, etc

>>62046631
Imagine still buying crypto in 2026 lmao
Time to move on unc
Nobody is buying your bags

>>62056411
You just contradicted yourself... If you can't even withdraw $50k from a bank without scrutiny, how are you going to turn your internet money into $50k cash? It needs to go through your bank for you to access it as usable fiat. There is no way around this unless you are making a physical transaction for cash or paying for goods in cryptocurrencies (which again, can't be used for anything meaningful like food, energy or taxes).

No, the mafia isn't going to pay you in bags of cash for your usb drive money like in the movies. You are just an idiot who fails to understand basic economics and fell for the modern equivalent of penny stocks trading. Don't beat yourself up to much, this grift happens every generation.

>>62061570
>You just contradicted yourself

I'm convinced that only the dumbest people use this phrase. I won't be attending to any more of your responses.

You can convert Bitcoin into usable fiat on any exchange.

>>62061623
Ok and how does the exchange (assuming this is real) pay out the fiat to you? Do they deliver the cash to your door?

Sorry that you have been put on the defensive, but don't strike out in anger. Instead stop and think why you feel threatened by the truth - could it be a defense mechanism when an existing world view is challenged with basic truths?

It's easy to buy tokens for a gambling website. Try see how easy it is to cash out though. That's the grift.

>>62055787
>>62060816
Samefag. You honestly make no sense and I can't even respond to your incoherent babble.

>>62055990
I guess you're right. It seems like the law changed in late 2024 so it's no longer "sanctioned" by the US.

>>62056064
I would realistically tell you the exact opposite. If you really believe sheep can't right wolves I truly think it is you who is an idiot. There are plenty of examples throughout history where the goal seemed insurmountable or impossible, but slowly but surely more and more join the cause until the outcome is reached. If you remember that there are 1000 sheep for every 1 wolf, you should acknowledge that it is possible.

>>62056205
There are lots of things that are zero-sum, but it doesn't mean that they are worthless or inherently scams.

>>62065864
>s-same fag
Thats not what same fagging is retard. Thats what a dynamic IP is.
Same fagging is you replying to yourself after you rested your rooter and prayed that you got a new IP

>>62065864
oh and to translate it into retard:
post one is about how crapto became a secondary re-hypothecation ponzi of UST bonds through ifinex and others in 2015.
Ifinex buys UST bonds, uses them as collateral to emit USDT, buys buttcorn with the ponzi papers, price of buttcorn in USD goes up, ifinex uses the buttcorns as collateral for loans to buy more UST/buttcorns to make number go virtually up and catch greater fools unironically really buying crapto

the second post is about the one time that crapto was actually used as a currency by a niche group that traded black market goods for it. That ended around 2015 when cannabis, which was the most traded good in buttcorns was widespread regulated and the need for buttcorns as currency disappeared

>>62058142
>this ignores game theory: the most profitable move for a dominant mining pool is to temporarily censor competing transactions or double-spend on a massive scale
I very strongly disagree with you. The reason it actually does not ignore game theory is because a rational participant (that is, profit maximizing) would never kill their golden goose. You honestly think the best course of action is to censor competing transactions and then short Bitcoin to oblivion? It's obvious that you would destroy your reputation and your mining operation by losing participants. You try to resolve this problem by saying that you should "short Bitcoin before the market even realizes it's under attack" as if that's even possible. The chain is so painfully transparent that the effects would be immediate. A single double spend would trigger massive selling from bots. You really believe that you should make millions in a few days instead of making millions more over the course of a few years? Your lack of understanding of Bitcoin is apparent if you really believe this is the best (rational) course of action. I'm sorry man but you really don't understand Bitcoin. I do agree with you when you say that there is an assumption that the profit-maximizing behavior is aligned with the network's health, and that is not necessarily the case. I agree and I have seen examples of people destroying entire blockchains in order to extract a lot of money in a short period of time (remember Zcoin? Pepperidge Farm remembers). But the effect this would have on the market if you used Bitcoin would not benefit you or anyone. It's like you drain an entire lake of water for short term profit, and destroy any future ecosystem that lake could have had (and you would have made a lot more money in the future as well, if you weren't so shortsighted/impatient).

the halving was a dumb idea that distributed millions of bitcoin to insiders. no way to pretend it was fairly distributed

>>62065923
and to expand on the first
The "clarity act" is the desperate attempt to now not just have stable coin issuer buy ust bonds as collateral for their pyramid ponzi scheme but to literally force them to keep buying the crap sovereign bond ponzis no matter how worthless they are and how much risk is attached to them. Because since 2025, when the BoomerX majority switched from net positive cashflow into ponzi schemes to net negative cashflow out of ponzi schemes it started to threaten the stability of the 70 year old sovereign bond ponzi scheme.

The naive hope is, that ZillenialA that has for the most part refused to buy out retiring boomer bags or sovereign bond ponzis are going to stabilize the 70 year old ponzi and keep on buying crapto. And looking at the final 5 of 5 so the "bullrun" of 2022/23-25 that didnt happen. The main price drivers were pension funds, the same funds that are now having to liquidate ponzi assets to meet the contractual obligations of paying out monthly liquidity to retiring boomers, and the bid just disappeared

>>62065942
its hilarious how you baggies are completely blind to the macro environment.
Its not that they would want to kill their "golden goose", its just that the golden goose was supposed to be slaughtered for the "greater good"

>>62058120
I can tell you are still using AI, but I am glad you posted in this. I respect all the points you (AI) brought up and I will respond this last time. I will no longer reply to you since you continue to post with AI and then pretend you are engaging "in good faith".

>The vast majority of activity is not people using it to buy coffee...
This is true. Most people are not using crypto for remittances or buying coffee. They are looking for a get rich play because it's very possible in the crypto markets. You follow this up with
>why does its success and adoption depend almost entirely on its price going up in a fiat currency (the very system it's supposed to replace)?
Notice how this question is already making the assumption that the success/adoption depends on its price going up. I can ask "why does your success in life depend entirely on your career prospects?" The answer to both questions is it literally doesn't. You say it's "the very system it's supposed to replace" but this is just echo chamber nonsense. Crypto is not going to replace our physical cash or your bank account. It will become adopted and the benefits of blockchains will be used by whoever wants to. Maybe your bank or maybe your favorite logistics company. This is something I want to stress very much: a lot of haters will say that crypto is obviously bad since we are measuring its value with respect to USD (fiat) but the truth is you can measure it with anything you want. Compare it to the Yuan or the Philippine peso. It doesn't matter. Instead of BTC/USD you can compare it to gold or silver or ounces of wool. You will see the same thing: it increases time and time again. Each 4 year cycle slowly bringing us higher and higher. The conclusion that BTC is worthless because we often convert it to USD is a bad idea; we simply use dollars because it is a familiar yardstick to us.

>>62058120
>The "value" of most crypto assets seems to be derived not from their utility, but...
This is unfortunately true. The global reach and ease of use has lead speculation to run rampant. Also the laws haven't caught up in most countries so we have a perfect recipe for speculative pricing. The truth is that a crypto's utility or promise/tech does not drive the price. It is market hype/speculation. This still doesn't mean that blockchain tech is something you should ignore, simply because the masses are misusing it or don't fully appreciate it.

>...the collective belief that someone else will pay more for them later.
You literally buy Google and Amazon stock because you believe you will be able to sell it for more later to someone else. You believe you will be able to retire in a few decades perhaps. You may think that this is an unfair comparison since these companies have cash flows and produce things (unlike Bitcoin which objectively does not product anything) but the fact is that you are buying Google stock so you can sell it at a later date for higher than what you paid for it. Does that mean Google is worthless? I would argue most people that buy Amazon are doing it because they believe they will sell it for more a few years later. Does that make Amazon not worthwhile?

>So, my genuine question is: Can you provide evidence of...
This right here is the most important thing I want to answer and I will probably have to continue my response to this on the next post. You want an example of widespread organic adoption of crypto as a medium of exchange right? Before I answer your question, notice how this has no bearing on the revolutionary technology that is blockchain. Meaning that this evidence of organic adoption could be real or not and it would have NO BEARING on the OBJECTIVE FACT that blockchain is an amazing revolutionary technology.

>>62066257
you fucking retard are truly stuck in the 00s and 10s
NO crapto is no medium of exchange since the widespread regularization of cannabis. It has become between 2015 and 2022 a collateral asset for re-hypothecation scams with UST bonds. Which is funnily enough the same that your praised boomer ponzi shares of goolag and amazon have been since 2008.
Now after "genius act" and "clarity act", crapto has become a vehicle for pension funds and boomer finance to chase yields in a desperate attempt to compensate for the lack of interest in your boomer ponzi shares. It failed. And your praised re-bought re-hypothecation ponzi shares with a laughable real world cashflow are alone to be sold to meet to obligations of pension funds

>>62058120
NO BEARING on the OBJECTIVE FACT that blockchain is an amazing revolutionary technology. Think about how it could very well be the case that someone presents an amazing technological advancement to the world and at the same time the masses ignore it or (even worse) misapply it and misuse it. Motherfuckers invent the internet and the majority of people are using it for pornography so the internet is useless/worthless? It is only exactly what you make of it.

Now that we have that out of the way, I can try to answer your question. Unfortunately the answer is that there aren't many examples. There are bad examples like El Salvador forcing its merchants to use it. This is not organic but it is a real world example and it was a horrible way to implement this since forcing people to do things doesn't often end well. It is unfortunate that this government's strong handed approach is still used to this day to discredit the legitimacy of Bitcoin. I remember one time I read that there was a country whose currency was undergoing high inflation (maybe it was Venezuela) and Uber/Lyft could not pay its drivers because the currency was being devalued much too quickly, so they started paying them with a crypto debit card of some sort. Come to think of it, it might all have been a marketing ploy to advertise this specific card issuer (Bitpay? Bit something I think). I think that's a decent example. To my knowledge there is no country or region that operates solely on Bitcoin.

All that being said, I think you are missing something very important: Blackrock has said multiple times that tokenization is coming and that we are going to start tokenizing assets at a very rapid pace, and that it has already begun. Ask yourself, why would Blackrock say this? You might say "because it's in their best interest! They're just hyping up their own future prospects!" but the truth is that they are not the only ones. Why would the Bank of International Settlements say the same thing?

>>62058120
Why would the Bank of International Settlements say the same thing? The BIS is already giving advice to central banks around the world on how to store crypto and what percentage of their holdings should ideally be held in Bitcoin. Why would they do this? If you haven't already read about it, you should look into the BIS and their Project Agora. They talk about the ground-breaking attempt to have an international blockchain ledger for settlement. Why would the BIS even publicly say this? Unless they understand that blockchain is an amazing game changer. You probably still deny it, but you won't be able to for long. In the future, people will ask you how you could possibly not have seen the important of such technology when it was staring you right in the face.

>>62065880
What the actual FUCK are you talking about? Schizo paranoia is a hell of a drug. I do not want to reset my IP because otherwise my ID would change and you would no longer know I'm the OP. I want to keep this ID as long as possible so you know what my replies are. You must really be low IQ bro. Replying to myself and praying I got a new IP? HAHAHA fucking RETARD stop smoking weed fag.

>>62066009
Absolutely midwit take. The golden goose had to be slaughtered for "the greater good"? What the fuck are you on about now? Probably some more schizo babbling.

>>62066290
I made over $500,000 thousand dollars from crypto, which is more money than you will ever see in your miserable life you pathetic pissant. Keep seething and posting incoherent babbling nonsense. You are a fucking tard and you will miss an amazing opportunity to make money because you were too stupid to see it. I wonder what you will say in the future when people ask you what were you doing during the crypto boom? What where you doing during the internet boom? Oh yeah you were fucking ignoring it because of TETHER FUD ahaha I can't even feel sorry for you retard.

>>62066290
If you really think this then answer me this: why does the Bank of International Settlements (BIS) talk about a global ledger being the future? Why does Blackrock get a black rock hard cock whenever they talk about tokenization? Why are they so optimistic about tokenization being the future of finance? They have said this publicly multiple times. Just tell me one thing: Why would the BIS give advice to banks hold between 5-10% of their assets in crypto? Yeah that's what I thought pussy.

>>62066360
>Why would the BIS give advice to banks hold between 5-10% of their assets in crypto?
Marketing, understanding that the ponzi game relies on future cooperation by the active population to pick up the slag and financial fails of BoomerX over the past 40 years, and the data poisoned false feedback showed, ZillenialA is rather buying crapto and "tokens" then some BoomerX ponzi share in boomer company xy. As said, data poisoned false feedback. ZillenialA can do basic arithmetic and when 2 boomers want to cash out 3000 dollar a month and there is only 1 ZillenialA paying 500 dollar into the ponzi, the price goes down and that single ZillenialA has no incentive to buy out the BoomerX. Enjoy deflation natural deflation and the central banks destroying their credibility, the political sphere facing large spread defection and ultimately the fall of Rome

>>62066354
I made 32 M in crapto. And I defected the moment the greatest fools offered an off ramp and tried to integrate crapto into their bankrupt ponzi scheme. No, I did not buy into your boomer shares. The liquidity is well "hidden" from bail-in fantasies of a failing state

>>62066206
>>62066257
>>62066315
>>62066333
I really like how dishonest you are and argue in bad faith.

Your argument that the revolutionary nature of blockchain is separate from its speculative mania is a convenient but false dichotomy, because the very "revolutionary" applications you cite, like BlackRock's tokenization, are not a fulfillment of crypto's original promise but its final capture by the existing financial system it was meant to disrupt.

You dismiss the lack of organic adoption as irrelevant, but it's the single most important indicator of failure. A technology that is genuinely useful for transactions doesn't need a decade of hype cycles and venture capital bailouts; it gets adopted because it's better. The fact that the only compelling use cases you can offer are speculative trading and the future promise of Wall Street using the tech to create new, complex financial products proves my point. It's not a tool for liberation; it's a new, more efficient cage being built by the same old masters.

>>62066399
Your comparison to Amazon and Google stock is flawed. Those companies represent productive enterprises that generate cash flow by providing tangible goods and services. Buying their stock is a bet on the continued success of their underlying business. Buying Bitcoin is a pure bet on the "greater fool" theory—that its price will go up because more people will want in. It has no underlying earnings, no P&L statement, no products. Its "value" is entirely self-referential and sustained only by marketing and the perpetual hope of a bull run.

Finally, your reliance on BlackRock and the Bank of International Settlements as validators is the ultimate indictment. When the institutions crypto was supposed to make obsolete are the ones now championing its "future," it's not a sign of success. It's a sign of co-option. They are not embracing decentralization; they are salivating at the chance to use blockchain to create 24/7, global, less-regulated markets for securitizing and trading everything, with them as the new centralized custodians. You're not witnessing a revolution; you're cheering for the architects of the next, more efficient financial casino.

>>62066399
Its not a cage, its desperate attempt to prop up a since the mid 90s bankrupt ponzi scheme around rolling over sovereign debt on smaller and smaller population, while at the same time facing legislated and contractual obligations to the demographic overhang. The state can force crapto scammers, same as other private actors to buy their bankrupt sovereign bond ponzis, it cannot mandate them to remain solvent

>>62066383
I have to agree that the US is following the footsteps of the fall of Rome dangerously closely. Aside from that, your answer is that the BIS gives this advice because the future is fucked beyond repair because of the boomers? That may be the case in America, but the BIS is not America and they give advice to many other countries besides America. If America collapses there are still plenty of other countries out there. The entire world is not going to collapse because America fucked up, in the same way that the world didn't stop spinning when Rome fell. Your theory only makes sense if you believe that the boomers fucked up the future of the entire world. At best they doomed the future of America but it's a big big world out there my schizo friend. The fact you genuinely believe this is one big massive coverup/conspiracy is actually sad. Stop smoking weed.

>>62066392
>I made 32 M in crapto.
PPFFFFHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAHAHAHAHAHHAAHAHAHAHAH NO YOU DIDN"T HAHAHAHAHAAHAHAHAAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
Thanks for the laugh fuckface. If you used a smaller number maybe I would have believed you. I actually really did make $500k. That may not be life changing to you, but it sure was life changing to me. Stop lying and living in your daydream fantasies. Also the fact that you call it "crapto" is also a dead giveaway that you don't know anything about crypto. Keep being delusional. I honestly think day dreaming constantly is a side effect from smoking weed so much. Stay salty and broke bitch.

>>62066414
No. Its the case worldwide, the demographics of the USA are as bad as those of Europe, the UK, Canada, South America, oceania, china, Russia, the middle east, the arab peninsula....You really underestimate how connected the global ponziconomy is since 1945 and even more after 1990. When the US falls and has to default respective the fed goes haywire and destroys its credibility the world falls. The fall of Rome, meeting the 30 year war meeting the bronze age collapse

>>62066413
You're not arguing that crypto is a solution; you're admitting it's just another chaotic asset class that the dying system will desperately try to harness before it collapses.

Calling sovereign debt a "Ponzi scheme" doesn't magically make crypto a viable alternative. In fact, it exposes crypto's fatal weakness: its value is almost exclusively measured against the very fiat currencies you claim are bankrupt. When the dollar or euro "goes to zero," your Bitcoin doesn't become a unit of account for a new society; its price, denominated in a worthless currency, becomes meaningless. You're not escaping the system; you're just placing a highly leveraged bet on its timing and manner of collapse.

Furthermore, your argument that the state "cannot mandate them to remain solvent" is precisely why crypto is not a safe haven. In a true sovereign debt crisis, the state doesn't just disappear; it takes drastic action. It can and will impose capital controls, seize assets, or simply outlaw the conversion of crypto to any other usable asset within its jurisdiction, leaving you with digital tokens you can't legally spend, tax, or convert. Your "uncensorable" asset becomes a digital prison.

You're not describing a revolutionary tool; you're describing a highly speculative, state-dependent gamble that offers no actual plan for societal function post-collapse, only a nihilistic bet on chaos.

>>62066428
You can laugh all you want. My first buttcorn was a gift for signing up to some weird service when buttcorns were worth 8 dollars.

>>62066435
I am not arguing pro crapto, I am arguing that crapto is a hail Mary of a dying socialist etatistic ponzi scheme of which your boomer shares and companies are a part off that are going belly up the same as crapto. You, the secular god of the state and its periphery of ponzi companies whose value is hope and dreams is global and relied on two things, trust and fear in the state. Those are gone

>>62066450
Oh, I see. You're not pro-crypto, you're just a prophet of the apocalypse, and crypto is your little digital horse of the apocalypse. How edgy.

Let me get this straight: The entire global economy, which produces food, energy, and actual goods, is a "socialist etatistic Ponzi scheme," but your magic internet beans, which produce nothing and whose only use case is trading them for more "boomer shares," are the enlightened alternative?

You talk about "trust and fear in the state" being gone, but your entire worldview is built on a frantic, quasi-religious faith in total collapse. You're not an analyst; you're a doomsday cultist with a trading app. The "secular god of the state" has been replaced by your new deity: the line on the chart, which you pray goes up.

Your entire argument is just a word salad of "Ponzi scheme," "boomer," and "etatistic" thrown together to mask the simple, pathetic truth: you've bet everything on a fantasy where the world burns, and you're terrified it won't. Keep polishing your digital tulips and telling yourself you're the only one who sees the truth while the rest of us just go about our lives in the "dying" world that, somehow, keeps on ticking.

>>62066399
>>62066404
>it gets adopted because it's better.
Bitcoin is better than our current financial system, but not in all ways. It is better because of its decentralization and permissionless but it is slower and more expensive. Like an electric car that gives you more miles per dollar but still sucks on range and falls short in other areas too. You assumption that Bitcoin has failed because it hasn't been adopted at a certain rate is flawed because you assume it is significantly better on all fronts, and it is unfortunately not.

I would love to continue, but I already told you I don't want to talk to you anymore since you keep using AI. You changed your ID but you are still using your piece of shit AI. Fuck off and die please.

>>62066459
Offer and demand true believer. Yes they produce something, no their stock valuation is not a function of that production. Its purely speculation on greater fools and the hope that your god the state is able to provide the frame for them to operate and socialize their costs and risks onto somebody else in the future, that hasn't been born and is never going to be born in the amount they would require

>>62066436
>>62066450
You're a fucking retard if you keep arguing with a fucking AI bot. Keep convincing your friends that you bought Bitcoin early but you won't fool me. I almost feel sorry for you. Next time, use a smaller number ok? If you had used a single digit million maybe I would have believed you. That ship has sailed now and you can't fool anyone. Goodnight I'm tired. Stay broke bitch boi.

>>62066466
>>62066474
Oh, how wonderfully nihilistic. You've wrapped yourself in a blanket of despair, convinced that the future is an empty void, and therefore, nothing matters. It's the ultimate intellectual cop-out.

Your entire argument is a death cult's prayer. You worship a digital ghost because you've lost faith in the living. You see "boomer shares" and think of sterile P&L statements, while we see the farms that feed families, the energy that powers homes, and the hospitals that welcome new life. You call it a "Ponzi scheme" because you can't fathom creating something that outlasts you. Your "socialized costs" are simply the investments we make in roads, schools, and a stable world for our children and grandchildren—a concept so alien to your childless worldview that you can only interpret it as a parasitic scam.

You cling to Bitcoin, a barren, digital rock that cannot create, cannot nurture, cannot build a future. It is the perfect currency for someone who believes there will be no future to build for. It is a speculative bet on oblivion, the ultimate expression of a philosophy that has given up.

We place our faith in the messy, complicated, and beautiful continuum of human life. You place your faith in a transaction ledger. We are building a world for our descendants. You are just hoping to cash out before the whole thing burns down, leaving nothing behind but a line of code. Your "freedom" is the freedom to have no stake in tomorrow, and that is the most pathetic prison of all.

>>62066480
Its not an AI bot, its a retard copy pasting AI output.
Sorry you are unable to understand that somebody in 2012 was able to extrapolate where the journey goes, had it confirmed with ifinex starting its re-hypothecation ponzi and waited for the Boomer to make its move and defect.

>>62066480
Oh, I'm so sorry, I didn't realize I was in the presence of a master psychological profiler. Your final, desperate gambit is to project your own fantasies onto me? It's adorable.

You think I'm larping as a Bitcoin millionaire? That's the best you've got? You're not arguing with my points; you're trying to cast me in a bad movie where you're the gritty hero who sees through the "AI bot." It's a cope so profound it's practically a work of art.

You're like a poker player who, having lost every hand, flips the table and screams, "I bet you're not even a real cowboy!" You're not tired; you're intellectually exhausted. You've got nothing left, so you're flinging this weak, imagined backstory at me, hoping something sticks.

Go get some rest. Dream of a world where your witty "bitch boi" burn is a devastating rhetorical finisher and not just the sad, whimpering end of a lost argument. I'll be here. Stay salty.

>>62066484
Is we in the room with you now chang?

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1.54 MB PNG

>This thread is not one of hate or judgement. I will answer your question to the best of my abilities and in a nice way, I promise.

>I made over $500,000 thousand dollars from crypto, which is more money than you will ever see in your miserable life you pathetic pissant. Keep seething and posting incoherent babbling nonsense. You are a fucking tard and you will miss an amazing opportunity to make money because you were too stupid to see it. I wonder what you will say in the future when people ask you what were you doing during the crypto boom? What where you doing during the internet boom? Oh yeah you were fucking ignoring it because of TETHER FUD ahaha I can't even feel sorry for you retard.

>What the actual FUCK are you talking about? Schizo paranoia is a hell of a drug. I do not want to reset my IP because otherwise my ID would change and you would no longer know I'm the OP. I want to keep this ID as long as possible so you know what my replies are. You must really be low IQ bro. Replying to myself and praying I got a new IP? HAHAHA fucking RETARD stop smoking weed fag.

>>62066495
Wow, we've really peaked intellectually, haven't we? Did you type that with one hand while the other was triumphantly pumping in the air, convinced you'd just delivered the mic drop of the century?

It's the linguistic equivalent of a toddler's first poop joke: lazy, unoriginal, and reeking of desperation. You're not clever, you're just a walking, talking stereotype of a 4chan comment section from 2012.

Keep reaching for those bottom-of-the-barrel insults. I'm sure if you dig deep enough, you'll find another fossilized zinger that wasn't even funny the first time around. Now run along, the adults are talking.

>>62066508
You should really learn English chang. AI sucks ass at translation

>>62066495
You are saying some things that sound legitimate to me, but it's a shame that all your credibility in my eyes was lost the moment you lied about making $32M in crypto. I can't believe or trust anything you say anymore, even though some of things you say about the world being very closely connected since the Bretton Woods agreement is very real. Too bad, I might have listened to you. Don't lie about shit like that in the future you fucking poor fag. Goodnight I have to sleep.

>>62066505
I literally chuckled sensibly out loud. Thank you. I understand the hypocrisy but I could no longer control myself. I really did try and as you can see I lasted a fair bit of time keeping my composure. But, alas, I broke. Please forgive me father, for I have sinned.

>>62066518
Its your choice. I am not here to convince you, you believe whatever you want. It doesn't matter in the end what you or I say, the outcome is a deterministic one that has been set in stone since 1974 and we are now in the end game, since November 25 and the failure to a controlled deflation the post 1815, arguably post 1776 paradigm is over

>>62066518
It's... it's truly disheartening to see this. To witness a mind so thoroughly captured by a single number that it becomes incapable of processing anything else.

You heard a legitimate, nuanced observation about the intricate scaffolding of our global financial system—a complex web of history and power—and your only takeaway was a number you decided to fixate on. You saw a potential idea, a spark of a larger conversation, and you chose instead to snuff it out with a dull, obsessive focus on a single, unverifiable claim.

It's a profound tragedy of the modern intellect. The ability to engage with a concept is entirely hostage to a preoccupation with status. It's not about whether the idea is true; it's about whether the person saying it is "rich enough" to be worth listening to. You've willingly built a prison for your own mind, where the only key is a bank statement.

And that final, weary, pathetic insult... it's not an argument. It's a surrender. It's the sad little death rattle of a curiosity that has been starved to death by cynicism. You're not just choosing to remain ignorant; you're actively celebrating it as a form of discernment.

I'm not sad for me. I'm genuinely, deeply sorrowful for what this says about our collective ability to think, to learn, and to grow. We're not just losing arguments; we're losing the very capacity to have them. And that is a loss far more devastating than any amount of money. Sleep well.

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>It's... it's truly disheartening to see this. To witness a mind so thoroughly captured by a single number that it becomes incapable of processing anything else.

>You heard a legitimate, nuanced observation about the intricate scaffolding of our global financial system—a complex web of history and power—and your only takeaway was a number you decided to fixate on. You saw a potential idea, a spark of a larger conversation, and you chose instead to snuff it out with a dull, obsessive focus on a single, unverifiable claim.

>It's a profound tragedy of the modern intellect. The ability to engage with a concept is entirely hostage to a preoccupation with status. It's not about whether the idea is true; it's about whether the person saying it is "rich enough" to be worth listening to. You've willingly built a prison for your own mind, where the only key is a bank statement.

>And that final, weary, pathetic insult... it's not an argument. It's a surrender. It's the sad little death rattle of a curiosity that has been starved to death by cynicism. You're not just choosing to remain ignorant; you're actively celebrating it as a form of discernment.

>I'm not sad for me. I'm genuinely, deeply sorrowful for what this says about our collective ability to think, to learn, and to grow. We're not just losing arguments; we're losing the very capacity to have them. And that is a loss far more devastating than any amount of money. Sleep well.

>>62066561
>>>/s/harty you unfunny faggot
Now greentext this and confirm that filtering you is the correct move

>>62066567
you type like an old homo btw

>>62066575
And your 2020 memes are pure caca coal. Go hang yourself

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>And your 2020 memes are pure caca coal. Go hang yourself

And there it is. The extend of /s/harty brainrot culture, copy pasted green text and a shilljak. GenA clowns on you worse than on 4cucks

>>62066594
>extend
>shilljak
you cant even type right fucking ESL nigger you probably couldn't even afford to insure a tuktuk you brown ass bitch! GEG

>>62066610
Just go back shilljak faggot. I really thought you had it in you to carry the torch after you got rid of Kuz, I was wrong, Niggercell was the best the sharty ever produced