206 sats \ 7 replies \ @tomlaies 8 Jun 2023
Look, I'm a deeply convinced Bitcoiner like most people here... But I don't understand why people bring up physical cash limits. 1. Physical cash is irrelevant 2. It's not access to your finances that is limited.
We have many good arguments for Bitcoin. Why bring up the weak ones instead?
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318 sats \ 1 reply \ @sudonaka 8 Jun 2023
Tell that to the Canadian truckers. Permissionless use is my #1 reason for owning Bitcoin.
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0 sats \ 0 replies \ @tomlaies 8 Jun 2023
That's a good point. Certainly a better point than cash being physical.
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0 sats \ 2 replies \ @sudonaka 8 Jun 2023
Also some pointers for you since you seem to be new:
- Your opinion of Bitcoin is irrelevant
- “Mass adoption” is irrelevant
- “Arguing” is irrelevant
Bitcoin is the hardest money in human history and everyone will be able to trade their worthless fiat for Sats at the price they deserve.
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103 sats \ 1 reply \ @tomlaies 8 Jun 2023
Being early here isn't an accomplishment of relevance. I've been on SN since only 2k items behind you.
I worked in finance for years and I studied ITsec to a masters degree. I know Bitcoin, its cryptography and math behind it deeply. Do you?
Agreed. I wrote a post about this, maybe you'll like it: #159684
And Bitcoin is ✨digital✨ because physical is trash. Seems like we actually agree, doesn't it?
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10 sats \ 0 replies \ @sudonaka 8 Jun 2023
Agreed. My opinion on being new or early is also irrelevant.
Apology for my initial tone, I believe “Toxicity” is key to demonstrate the fact that this movement is totally independent of anyone’s feelings.
It is Liberty vs Tyranny and we address it from all angles in our own ways which we have been prepared for by our life experience.
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0 sats \ 1 reply \ @jase 8 Jun 2023
The problem with banks is the fractional reserve system so if you have money in there and you want it all out it’s not there
Have they reversed the 0% bank reserves ?
Easier to bank run especially in this day and age and incentivizes worse behavior on the bank side
I think this is good for people to look at alternatives especially the ones that don’t understand or care to look at why they can’t take out more and just want their money now, they will find the easier route and that is when BTC will take off. BTC needs to get easier to attain for the person that doesn’t care to look up how to do things and just wants it.
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0 sats \ 0 replies \ @tomlaies 8 Jun 2023
Yes. And none of your points apply to physical cash only. They apply to book money as well. You're not disagreeing with me so far :)
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3 sats \ 1 reply \ @KwesiAngel 8 Jun 2023
Bitcoin will always be the most important to happen to us in this generation.
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0 sats \ 0 replies \ @sudonaka 8 Jun 2023
And for all generations to come
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0 sats \ 0 replies \ @OriginalSize 8 Jun 2023
The best defense against bank runs for decades has been this scene from It's a Wonderful Life. Question is, why doesn't it work so well these days?
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0 sats \ 0 replies \ @BlokchainB 8 Jun 2023
😂😂😂
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