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0 sats \ 6 replies \ @AJ1992 5 Dec 2023 \ parent \ on: Bitcoiners don't really have a good understanding of _____ bitcoin
Look at most of Europe or Australia as a great example. The fact that we have people in this country having to choose between paying rent and getting their life saving prescriptions is something no other first world country has an issue with. No one should go bankrupt because they get cancer. Look at the infrastructure and high speed rails in Europe as well. They don't have people working full time and falling under the federal poverty guidelines. They don't have an issue with a lacking minimum wage that would be $34/hour in the U.S. of it would have increased with the inflation rate. And that's calculating from when a minimum wage law was first signed into law. That's a statistic that can't be argued.
It's an internal single market with free movement of goods, services, capital, and labor. That's what works. I won't dismiss the fact there are some issues with that model also, but every single economy/government economics is going to have flaws of some nature. Wanna know what absolutely doesn't work? An anarchist society.
I am sick of myself and almost everyone I know who also has a college degree working over 40 hours a week and/or two jobs and still barely making it even without kids and even while living alone/with a roommate splitting the rent with you.
That's what
Are you seriously trying to suggest that Europeans and Americans don't have similar free market, capitalist societies?
I am sick of myself and almost everyone I know who also has a college degree working over 40 hours a week and/or two jobs and still barely making it
Besides, neither the US nor Europe have real capitalism, most of the fucked up stuff is precisely because they are centrally planned economies, through a central bank and fiat fueled malinvestment, which bitcoin fixes.
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Bitcoin creates just as many issues as it fixes though. And you maxi's fail to realize that there are some big flaws that in my opinion prevent Bitcoin from widespread worldwide adoption even with lightning. And the anonymity factor (which really isn't even possible in most cases anymore anyway) will not bring the masses in to Bitcoin because to be honest the majority of people don't care enough about paying or sending funds anonymously.
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Lol, ok shitcoiner.
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Why don't you argue the substance and the points I'm making instead of just slinging insults? Oh, that's right, because you have no argument against what I pointed out because my analysis is spot on.
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Substance?
Bitcoin creates just as many issues as it fixes though.
Zero substance.
And you maxi's fail to realize that there are some big flaws
Zero substance
And the anonymity factor [..] will not bring the masses
Zero substance, just an opinion.
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I've explained the issues with Bitcoin regarding the volatility of tx fees that other cryptocurrencies do not have, the inconsistency of time it will take for you transaction to arrive (get confirmed/included in a block), the fact that your transaction may not EVER be included in a block/confirmed, ect. These are all issues that will keep the majority of the first world's population away from Bitcoin. Even with lightning implementation you still have the issues with payments failing because they couldn't find a route, or payments stuck in limbo for days on end attempting to find a route.
You maxi's think it's flawless and maybe to you it is, but you forget most people will take cheap and/or free along with convenience over an ever changing fee to transact with the inconvenience of the fact your payment may never make it to the receiver.
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