Quote from: Iranus on Today at 07:41:33 AM

Quote from: JayJuanGee on March 17, 2024, 02:39:12 PM

Quote from: Iranus on March 17, 2024, 09:38:32 AM

One more thing, I think many people come to bitcoin not because of the freedom and privacy that bitcoin brings. Profit is what we are looking for in bitcoin and that is the main goal more than anything else.

People come for both, and they may or may not be as maniacally focused on profits as you are making them out to be.

Sure if you are in profits, then you are more comfortable..

But some people already have profits and comfort in their lives prior to coming to bitcoin, so they may well use bitcoin as a hedge and/or as a way to buttress their already comfortable situation.

None of us has to be maniacally focused on bitcoin profits or even presume that everyone is a greedy bastard in order to want to have bitcoin, even though surely bitcoin does provide incentives for those involved in bitcoin (even including miners) to pursue their own self-interest and their pursuit of their self-interest buttresses the strength of the BTC network.

In other words, there are already built-in incentives in bitcoin to pursue good, just and correct things and end up getting rich at the same time, even if some people might not be obsessed with such getting rich process.. and by the way, in regards, to the getting rich part of bitcoin, it mostly likely comes way easier for any of us who do not become overly greedy, since if you get overly greedy, you may well end up getting punished through BTC's volatility - and perhaps even reckt because you were being way more greedy than you should have had been - which truly also might have been part of the explanation for several of the fallen bitcoin businesses (and several of their customers) in the 2022 cascading of damages that played out through much of the second half of the year.

Once it is called investment, profit is the top priority, and when people have profit and money, they start to think of privacy and freedom.

You are just repeating what you already said.. .which is largely bullshit, and it seems to be coming from the narrow mindset of a trader who does not understand how the concept of investing might well be different from trading, and also how the whole world does not need to be framed in trading terms in order to make sense.

You are not describing any necessary natural progression, even if there might be various truths in regards to people thinking in terms of their own interests, and so in that regard, they may well be thinking in terms of Maslow's hierarchy of needs, if you are wanting to try to put things in some kind of psychological motivation order that is not necessarily revolving around your seemingly narrow view of the world in which you are considering that economic incentives rule the world.. and I am not denying the importance of economic incentives, even though I will proclaim you are out of your depth when you keep trying to repeat that everything has to do with profits.

Quote from: Iranus on Today at 07:41:33 AM

Yes, people come to bitcoin for both but what I want to say is that I just see people always talking about the privacy, the freedom that bitcoin brings. Meanwhile, profit is the first thing they need and care about,

Yes.. from your point of view.. you do not seem to understand higher orders of thinking.

Some people have already met their basic needs of food, shelter, and safety and they might not be so urgently concerned about those kinds of things, even if you believe that you have everyone (and their motives) figured out... even though direct profits might motivate you, you are hardly in a place to proclaim that everyone else needs to prioritize their aims in life in the same way that you seem to believe that you need to do.

Quote from: Iranus on Today at 07:41:33 AM

but no one mentioned it at all, I find it very strange.

Maybe because people think in terms of a variety of motivations, and profits is just one of them, and maybe profits does not apply in all situations for all people? and not that it should, either. I already mentioned the hedging behaviors in my earlier post, too.

Quote from: Iranus on Today at 07:41:33 AM

The most obvious example is that out of 10 topics on the forum, there are 9 topics discussing bitcoin price and its fluctuations. I rarely see people as actively talking about the benefits of bitcoin such as decentralization, privacy as we often discuss its price.

Yes.. we love to talk about price in this forum.. you are correct about that..