You dont see the difference? If USD was so good, wouldnt they hold it in that? They hold it in assets because USD isnt worth holding.
30 sats \ 8 replies \ @ek 10 Nov
Since when are we talking about how good USD is? We were talking about the influence of rich people which don’t save in USD just like bitcoiners. That’s my point.
Seems like you are still learning, lol
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Maybe @Satosora means that rich people will also sell bitcoin and make USD too, because the direction of bitcoin is of course towards the dollar too.
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You are talking about how the rich save in assets. Is bitcoin not considered an asset anymore? My point is that many bitcoiners arent trading their sats for usd. They are holding because they know that USD is worthless.
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51 sats \ 5 replies \ @ek 10 Nov
These are the three things I thought we agreed on:
A) Bitcoin is an asset that goes up.
B) Rich people hold assets that go up.
C) Rich people have influence.
=> bitcoiners have more influence if price goes up even without selling
But for some reason, you think bitcoiners are special and need to sell to have influence like rich people.
I can’t explain my point better than that.
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I dont feel like bitcoiners are special and have more influence than anyone else. I think bitcoiners that sell are weak. Bitcoiners that have to watch the price in USD to feel their net worth need to figure out their life. Those are my points I am trying to get across. A, B, and C I can agree on.
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20 sats \ 3 replies \ @ek 10 Nov
Seems like you’re having a different discussion.
You agree on A, B, C but what about my conclusion?
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To tell you the truth, I dont feel like a majority of bitcoiners have any influence. They just want to hold and be left alone. So even as the price increases in USD, they dont believe it is relevant. Maybe my idea is too idealistic, but that is what I think.
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110 sats \ 1 reply \ @ek 10 Nov
Have a nice day.
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KILL SHOT
Read all the way to the end of the thread. Did not disappoint!
Money is power. The more valuable our hard money, the more power we have. It’s not about selling. We fix the money, we fix the world.