Quote from: as.exchange on December 15, 2020, 11:41:07 AM

Quote from: jackg on December 14, 2020, 09:09:09 PM

If you own bitcoin you don't even own a line of code. You own a number, that's it.

Quote from: jackg on December 14, 2020, 09:09:09 PM

Quote from: Tstar on December 14, 2020, 11:39:28 PM

Z

Quote from: Broly46 on December 14, 2020, 11:42:21 PM

Ironic, the fake rich, looking at the number, the number won’t lie, people can write a wall of text of lies, yet they don’t want to trust the number won’t lie, because they’re so biased, they rather believe in story than a globally recognised parameter of rich: the number won’t lies, the current number of bitcoin is standing at 19k it’s not gonna lie the current gold value is standing at 1930, it’s not gonna lie, the current blue chip value is standing at 30,000 it’s not gonna lie, yup be mature and accept the numbers.

Well here we talk about globally accepted and consensus-based reference for intrinsic value of asset - market price. While it surely gives indication of your current net worth, it doesn't mean you are rich though. If today you hold 1,000 of Bitcoin and tomorrow every single country bans it and makes it illegal to hold Bitcoin, then you cannot even use it as collateral for getting loans. With gold (for example) such scenario is unlikely as making it illegal would mean collapse of all central banks (not the case with BTC), would mean end of production of important electronic components (not the case with BTC), collapse of supply chains and monetary systems (if Bitcoin dissapears tomorrow only small % of people will actually care, as most of the population still doesn't even know what that is). That's why doesn't that show you the similarity with Tesla / iPhone - small group of people worked together to hype it to make it as indication of own status and wealth, while in reality the truly wealthy ones stay with traditional side.

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It has been a blessing to a lot of gold bug didn’t listen to those non sense stock market create real value story, and these gold bugs hodl their gold like a religions through the entire market cycle, and their reward is so sweet, they watch their value goes up which is re best rewards ever it doesn’t need a lot of fancy praising and attention given to them on the social network, they enjoy the reward alone and on he dark so they’re extremely aware of social event which sound very fake to them just some wannabe rich who get a lot of wealth suddenly and making a lot of noise to impress some fast women fast car and fast house. We are the gold bugs, watching all the blue chip mega rich, spending money like a drug addict over the past decade and turn their once very famous very perceived rich to a dumpster red chip that the companies eventually goes burst and get boot off the bourse.

Yeah yeah the perceived “real rich” business owner very famous on the social network very political influential very high smv very successful, just over ten year they turn from having everything to have long nothing but a bloke, such a “real rich” to be ironically.

Too bad, the gold bugs are too very smart they had know ahead of time all this so called perceived “real rich” and their little cat and mouse game, they decide to not play this stupid game of the “real rich”, they do not crave for attention, they do not crave the recognition, they do not need to tell everybody they’re rich all over the place, the only thing they care most about is looking their numbers goes up, it’s very frugal, very real, very inspiring, and very encouraging number to them, their life is totally out of the social norms, they don’t need those noise to tell them they’re really the greatest person on be earth.

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