I hate to speak for anyone else here, but I get the sense that many of us (including but not limited to yours truly) would be more than willing to work with you if you were providing various frameworks for why bitcoin might not be as valuable as some of us consider it to be;
I would be willing to for sure, i would even be fine with if he still considers Bitcoin useless for himself, but this extreme blindness about any arguments is just mind blowing. If he would just admit that his arguments were wrong, but he still doesn’t want anything to do with Bitcoin, it would be fine to me. Im not here to force any outcomes, but it’s the basis of his arguments that is completely ridiculous, they got debunked many times now. Just because something has a market, doesn’t make it a worthless dumping scheme, its comfortable to judge something, without looking at it.
The irony is that the fiat system creates an environment were actual dumping schemes are created, im just saying Wirecard, Lehman Brothers, Panama papers, CumEx files, JP Morgan Chase market manipulations, Libor scandal, UBS rogue trader scandal, and these are just a few examples, anyone who knows finance knows that this system is a complete playground for frauds, with billions upon billions in damages every year, and the population is the one paying for it. We didnt even get into companies buying and selling their own shares on the stock market yet, playing with their own investors. How much time did he spend to warn people about this?
This whole financial system is a ponzi scheme, just because they look professional, dont open their mouths in public, and the population has no clue whats going on and gets distracted easily with bs, like bashing Bitcoin instead of actual problems, this bs is still alive. Then theres people here claiming Bitcoin is a ponzi just because it exists on a market, when its actually trying to fix this broken system, all of the fiat bs is just backed by lies and the stupidity of the population. How can someone be so dumb to try to prevent an escape out of this? Self sabotage or conflict of interests?
That reminds me of some of the BIG blocker arguments and some of the complaints that some bitcoin HODLers are not using their bitcoin enough.. blah blah blah.
In the phase we’re in right now, the best use for Bitcoin is probably primarily being a Store of Value, just sit there, be safe, don’t get confiscated and that’s probably already the biggest benefit a good could possibly provide in the current fiat craziness. If we’re thinking about Gresham’s law, why should the “precious metal”(Bitcoin) be used over the cheap one(Fiat) in daily circulation. As long as the bad money circulates, the good money will rise in value so we have no urgency for anything, never fold out a winning hand.
Bad money drives out good money, so what these big blockers suggested really doesn’t matter, as the different utilization will come naturally, when the bad money is gone. Any try to force something to be used differently, like increasing the block size will be useless, like we saw in practice. Hodling might be the best utilization of Bitcoin currently.
Plus they may well be afraid to concede even an inch - especially since they are already standing on weak grounds of their own arguments and claims.
Or hes on some government payroll and doesn’t want to bite the hand that feeds him and maybe tries to rationalise his decision in some way, to feel like hes making the right decisions.
But living costs are exploding everywhere, idk how people can still sit here and think nothing is wrong with the current system, my only explanation would be that theyre one of the few that profit from this bs overall, so they became completely clueless.
People tend to feel needs to find their own way, even if they trust you or believe you, there is a certain amount of comfort that comes in tailorizing our own paths even if some of them end up fucking up BIG TIME because there can be a kind of tendency to gamble or even buy into shitcoin talking points which are largely fairly "smartly" designed to take advantage of human tendencies and even come off as convincing points that end up resulting in the parting of fools from any BTC/value that they might have been able to accumulate/build.
Sometimes pain will be the best teacher and humans cant resist the urge to try something themselves. It can also depend on the current learning level and people around oneself, it takes some time to realise Bitcoin-only is the way, most dont start like this. When i didnt understand much about Bitcoin and shitcoins, and i first heard the idea Bitcoin-only is better, it didnt come naturally to me, it sounded odd, then i actually took the time to study and go in deeper, and spared myself from shitcoinery. But with superficial level knowledge this will just sound odd and they might not look into it more deeply.
I have quite a few doubts about Snowshow having psychological or medical conditions that are contributing to his inabilities to address a vast majority of the points and/or frameworks are pointing out.
You might be right and maybe in the end we should just laugh about each other, we can laugh at him for not getting it, and he can laugh at us because he thinks were in a ponzi. In the end were all humans and depend on each other, doesnt matter if smart or dumb. And fighting over one one disagreement wont get us any further. We will purchase what we like, and he can purchase what he likes.
Fuck crypto.
Amen, Bitcoin changed the world, not some rainbow nft centralized pos cefi venture capitalist ponzi.
For sure Snowshow comes off as disoriented and retarded from time to time... but he likely knows better than that, and he likely knows that he is lying.
I hope so, initially i just registered on this forum to read some of the old posts, but i never really followed something else. Then one day i logged in and saw this thread and i couldnt believe someone could seriously think this, so i actually wrote a post for the first time. Without this thread i maybe wouldnt be here right now, so atleast i give Snowshow that. And despite this whole thread being completely crazy, theres actually some higher quality posts here than on soms other ones. Its not all bad and in the end, its actually kinda funny.