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155 sats \ 6 replies \ @ek 24 Oct 2023 \ parent \ on: Don't get too upset about the bulls***. BITCOIN is the TROJAN HORSE. bitcoin
No it can't. Gold is a shiny rock you can't transport a lot of safely over distance. So paper certificates were created.
If people use paper bitcoin, it's their own mistake. Using Bitcoin directly for everyday payments is absolutely possible and in reach for anyone.
Using paper bitcoin is probably even worse than using bitcoin directly since you can't pay for stuff with paper bitcoin.
Sure bitcoin is better than gold in so many ways, and it will be harder to rehypothecate-just not hard enough to overcome human laziness.
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Yes, maybe I am underestimating humans and their stupidity. But I think bitcoin has good chances to make it obvious that you want to hold bitcoin, not paper bitcoin. Education is key.
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Agreed. I'm doing a lot of soul searching about this myself. I keep thinking about that saying "don't wish for something so hard, you might just get it." Now I know why long term hodlers say they prefer bear markets.
My concern: Do I have the balls not to sell if the price goes crazy?
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Do I have the balls not to sell if the price goes crazy?
Bitcoin is money, use it like that :) It's yours, ignore people telling you not to sell.
Imo, it depends on what you sell it for. Value is subjective.
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Under-rated comment. Btc exists so that you can buy stuff with it that you want. Talking about it like it's the reified essence of the divine Good is almost certain to lead to bad things.
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I want to continue buying with bitcoin rather than selling for fiat.
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