Quote from: Richy_T on July 25, 2021, 11:00:40 PM

Quote from: bkbirge on July 25, 2021, 02:05:40 PM

Haha! Said no one on the internet ever, lol. It's interesting to me, once you get outside our btc bubble how completely uneducated on this topic the vast majority of people are about it. It's like Dunning-Kruger Mt. Stupid level understanding combined with complete apathy/uninterest about the topic they claim to know all about.

Heck, even within the bubble, there are still quite a few nuances that many people are not really aware of. Change addresses, transaction dependencies, block emission and so on. Bitcoin is definitely the poster boy for Dunning-Kruger.

Anyone of us can be guilty of thinking that we know more about a topic than we do, yet suggesting that bitcoiners have high susceptibility for dunning kruger does not seem fair.

You tend to be so inclined to dish-out backhanded denigrations of bitcoiners, and perhaps you have not learned yet Richie, that Bitcoin is not merely about making sure that the technicals are all correct or even understood by the masses of investors (whether they be accumulators, miners, merchants or investors in infrastructure or some other categories), but it is about various sound money principles (resiliencies.. and made to stave off government and status quo attacks through innovative decentralized incentives) that seem to have been upheld pretty damned well, so far in bitcoinlandia.. lots of us do not understand bitcoin, but it still seems to be a god-damned good investment for laymen...

So many times in history that laymen do not have opportunities to front-run the already rich in terms of investment opportunities.. but in this case, we have been seeing those kinds of opportunities for regular peeps to front-run the status quo rich.. and the opportunities are still alive and regular peeps do not need to know everything about bitcoin in order to be able to invest into it and furthermore, regular peeps do not need to know some of the very amazing technicalities in bitcoin in order to know enough to invest and to have investment and participation strategies and techniques.

... and sure the battles are not yet over.. but to suggest that a lot of us might be dummies about bitcoin because we do not sufficiently understand some of the technicals, seems to be just wanting to denigrate bitcoiners for the sake of it.. and if bitcoin keeps progressing, it is going to take many generations for people to really understand bitcoin or at least to see bitcoin as it evolves (presuming that it continues to exist and to gravitate value into it).