Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
El Salvador passed a law forcing the government there to promote Bitcoin using compelled taxpayer money. Today, Bitcoin's price completely revolves around what the US president says about it on any given day. So much for Bitcoin being some kind of hedge against governments 
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Yes.. leaders of governments have been elected by the people and they have discretion regarding how to spend public (tax payer) money, [...].I have trouble seeing how I have any responsibility to say anything about what may or may happen in regards to what various governments might or might not do.
You live and die by what governments do now.
Yes.. governmental decisions have effects on the lives of people in a variety of ways.
So much for Bitcoin being some kind of hedge against government control. Now the price is dictated by the US president, which is control you handed to them voluntarily in exchange for temporarily pumping your investment portfolio.
Y'all area cheap date.
Y'all area cheap date
.Who said that I have anything to do with this? The price comes from the market and there are sometimes ups and downs in the market that are affected by a variety of factors... not just what governments do or don't do.
I agree it has grown, but I think new products are only just starting to take hold.
You sound like a marketer, and sure maybe you are correct and maybe not. I personally believe it is way better to figure out some kind of a bitcoin plan (and to execute it) instead of getting distracted into supposedly new products that you believe are the next best thing.. blah blah blah. I imagine that your own product (shitcoin) is in the mix of "great" products that you consider to be better than sliced bread (and bitcoin too).If you know about bitcoin, then you figure out whether you are going to invest into it and how much. If you choose not to invest into bitcoin, that is your choice, and it likely will have negative consequences.. but sure, I don't know the future, so it is possible that you will end up being better off by not investing into bitcoin as compared to the ones who choose to invest in bitcoin.
Imagine saying, in about 1986, that General Motors will always be the biggest company in the world because... they are the biggest company in the world. The biggest one always always stays the biggest, they said.
Well, that's not always the case. Perhaps this is why Bitcoiners are now trying to get governments to use force and compel citizens to stop using other products--because they are losing in the free market.
Bitcoin is a protocol not a company, and to me it seems that governments, institutions, rich people are coming to bitcoin rather than bitcoin going to them.. Well, that's not always the case. Perhaps this is why Bitcoiners are now trying to get governments to use force and compel citizens to stop using other products--because they are losing in the free market.
There are lobbies in all kinds of sectors. You believe that if I own bitcoin, then I am supporting the bitcoin lobbyist through my having had bought some bitcoin? Or are you wanting to make some other point? Are you suggesting that I need to act in some kind of way in response to what some bitcoin lobbyists may or may not be doing?
(That said, what most Bitcoiners missed about the 2024 US elections is that the major donors, under the guise of "Bitcoin", were actually brokers and non-Bitcoin makers who have a financial interest in hawking their own products over Bitcoin: the actually Bitcoin community just get conned, I think ).
Sure.. Trump has a lot of shitcoiner ideas, and a decent number of shitcoiners around him, so it could be interesting to see the extent to which shitcoining and/or bitcoining comes out through whatever governmental acts might be communicated [...] ).You seem to believe that you have everything figured out, including your continuing to proclaim that the government controls bitcoin. Most likely you don't really understand bitcoin very well, yet of course, you can believe whatever you like, even dumb shit.
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In the long run, the winner of the digital currency wars will be the product(s) with the most individual users. There's no way that ends up being Bitcoin since it simply doesn't scale.
I am glad that you have bitcoin-related matters figured out...or at least you believe that you do (to the extent that you are even being truthful in your ongoing nonsense.. it can be difficult to believe that you even believe your own ongoing nonsensical proclamations).In the long run, the winner of the digital currency wars will be the product(s) with the most individual users. There's no way that ends up being Bitcoin since it simply doesn't scale.
.I have other investments besides bitcoin. At the bottom of this linked post, you can look at my description (outline) of categories of assets of what I had said that I had between about late 2013 until mid-2022. I don't tend to tell people what they should do, so people have to decide on their own what they want to do and to take responsibility for what they do, yet if someone is brand new to investing in bitcoin, then I might suggest that they either start to invest 5% to 25% of their income into bitcoin (of course they need to have discretionary income and take from that and also establish an emergency fund if they don't already have one). If someone is an experienced investor with various other investments, then I would suggest that they consider 5% to 25% of their quasi-liquid portfolio go into bitcoin, and surely if they are more whimpy then they would error on the lower side and if they were more bullish or aggressive then they would error on the higher side of the range. In the end, individuals have to figure out matters, for themselves, and I would be willing to attempt to answer bitcoin-related questions for anyone who is considering investing into it, yet surely quite a bit of the work of trying to figure out individual tailoring of bitcoin-related investment matters would likely mean that individuals should be striving to account for their 9 individual factors.