It is difficult to imagine a scenario in which Schiff changes his tune. He is quite the stubborn twat, and perhaps he is broken to the extent that he claims that he does not get bitcoin or that he believes bitcoin to be lacking in actual value.


I think that you might have a personality problem.

Why do your ONLY feel comfortable in the event that you are making some kinds of bold proclamations in regards to where the bitcoin is going, and half the time you are just blowing with the wind, so there is not a lot of substance behind what you are saying, beyond that you had a "feeling."  (or would it be a "vision in the night"?)

Accordingly, in the past 48 hours, we broke above $112k and bounced into the $117k arena.. So now all of a sudden we are going to get stuck in your proclaimed range.

You are repeating the same nonsense you said earlier.. you are just saying what you wished would happen rather than actually accounting for how bitcoin tends to behave in the real world.  A little birdie whispered in your ear. Right?


It is not a bad vision, even though I am not sure it captures enough, since we also could have a progress bar that shows a kind of transfer of wealth from the no coiners to the coiners.. and I am not sure if they would be saying the same thing or they would be saying similar things in different ways.

We are never going to completely get rid of various fiat systems or the various ways that wealth is stored in assets and/or currencies, even though most of it is likely to slowly (and suddenly at various points) gravitate into bitcoin.  I am thinking potentially 50-200 years for it all to play out, even though there likely will be spurts of growth and also spurts of set backs contained in such timeline (and yeah, I am not very narrow in my own depiction of such timeline).


You are apologizing for being easily distracted into noise (and nonsense)? and spouting out baloney and narrow theories in regards to bitcoin's value proposition? What else is new with you?  You have been in bitcoin for around 14 years and you still don't seem to get it.

Sure, we likely seem to know several of the ways that bitcoin is currently being used, yet it still ONLY has around 1% of the world adoption, and sure, we have companies, governments and status quo rich folks proposing to hoard bitcoin and to also create difficulties for individuals to operate outside of their KYC systems, yet bitcoin has use-cases beyond the various ways that it is currently being used or not used and surely a decent number of retail are going to have to buy bitcoin at higher prices due to the behaviors of several (not all) status quo rich trying to hoard and/or control bitcoin, which pumps the bags of the current BTC holders, even though it might not be completely for our own good to have so much money going into various KYC systems, even though bitcoin seems to have had been designed for a decent number of attacks, and we will have to see how some of these matters play out, while on the individual level hopefully guys are still inclined to accumulate bitcoin and not get recked and also not be fucking around (like you Phil) holding way too many dollars and hedging too much with dumbass (distracting) shitcoins, including continue to buy into their dumbass talking points (which may well be your own talking point - which is hardly seeming insightful in regards to bitcoin's ongoing value propositions as compared with other assets, currencies and/or even shitcoins as you consider some of them to supposedly have some importance/relevance into where bitcoin might be going relative to these various other largely affinity scam projects).


You continue to think that bitcoin's success comes from its ability to be used in micropayments?

What about the ability to transact with anyone in the world (whether it is $10 or $10 billion or some other amount) and no one can stop you?  Isn't that powerful, too?