Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Wind_FURY
on 16/02/2024, 16:49:55 UTC
[edited out]
What is the actual importance of Bitcoin? If we merely talk about it as something that "will make people gain more from their investment", especially people who have yet to actually learn anything about it, it might sound like a Ponzi to those people, no?
Yes, people to think about bitcoin as a ponzi, and they don't really tend to understand what bitcoin is.. and I still see no reason to get worked up at the term investment,
Pardon me, but let me stop you there. No one is getting "worked up" at the term "investment". I'm merely debating for learning more about Bitcoin if someone wants to talk about it with other people, especially nocoiners that are still suspicious about "Bitcoin". I believe if the suspicious truly learn about how it works and how elegant of a solution was found to the Byzantine General's Problem and the game theory behind it, then something inside them might "click" and acknowledge the value of what Bitcoin gives to society. People should accept that it's a new "standard" for hard money, and THAT makes it a good investment.

No problem.


Stop getting worked up so easily.   Wink

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy


¯\_(ツ)_/¯

It's not a joke. I truly believe that as Bitcoin HODLers, we should learn more about our investment. It's also no mere investment, it could be the most important asset, like Gold, that might serve as a back-up/fall-back if the current financial system fails/crashes.

Bitcoin's technical design and the design decisions made by the Core Developers ensures that it remains as a form of hard money for internet transactions. Those big institutions wouldn't touch Bitcoin and wrap it in an ETF, if that didn't have any value.