Quote from: realr0ach on June 12, 2019, 11:19:33 PM

Quote from: pereira4 on June 12, 2019, 10:45:35 PM

How would you deal with the fact that it's only a matter of time we are able to mine gold in aesteroids/other planets and the supply will end up becoming huge with so much gold that it will become worthless?

Way to go making it ridiculously obvious that you're a lying scammer by continuously bringing up this stupid space mining meme. The cost of production for anything in space is astronomical and that is never going to change. It's also FAR LESS viable to mine silver in space than gold due to needing to process and transport far more materials.

If this lie is the best thing you have to try and trick people into using digital, government tracking and slavery system tokens instead of metals, then your cause is as good as dead. Seriously, you need to be an absolute fucking dumbass to even bring up this topic. You may as well be a flat earther posting this shit. The price of metals would also have to go to the moon BEFOREHAND for anyone to even attempt it. You can tell you're full of shit because you brought ZERO actual numbers to the table. What's the cost of production for mining gold or silver in space? A million dollars an ounce? Oh, that's right, you have no number because you're full of shit.

So you are allowed to make your hypothetical absurd scenarios including: "if I owned the entire silver supply..." or the classic "if the electricity went down...", but im not allowed to paint a picture of space mining to make a point. Is this how it works for metalheads?

Quote from: realr0ach on June 12, 2019, 11:38:15 PM

Quote from: pereira4 on June 12, 2019, 11:01:53 PM

You definitely cannot create the accumulated Proof Of Work of Bitcoin within your basement, nobody can, which is why Bitcoin has value.

Fine example of the dipshit scammer slogans you see plastered over Reddit all day. The kind of bumper sticker slogan lies Andreas Antonopolous pushes. Proof of work DOES NOT CREATE value. It's sunk cost fallacy. Jesus Christ, reading this continuous stream of mindless shit from you is too much. This accumulated sunk cost fallacy also has ZERO bearing on future security.

Value is created as you would need to spend increasingly more money to modify existing transactions, and in general accumulated PoW is the scorecount count going up for certainty, the #1 indicator for an investor to put money into something long term. Keep waiting for the death of Bitcoin, anytime now.