Recent content by Arden

This is a great argument if the world has two settings: 1. Everything stays exactly the same forever, or 2. The U.S. suffers a total system-wide collapse where the entire internet and payment rails are taken offline. But those aren’t the scenarios most Bitcoin holders are talking about. The...

The 200-day moving averages are based on different data sets?

Yeah, but the thing is, Bitcoin Cash isn't Bitcoin. It's not any more bitcoin than, say, Ethereum is. Since 2017, it’s been a separate blockchain with its own rules, miners, nodes, and ledger. I get why you would want to use something other than Bitcoin for every day monetary transactions...

https://visitpago.com/legend-of-the-lost-gold-of-dents-run/ The find would be worth about 175 million at today's prices.

Just giving you a hard time. Besides, I'm just happy we got you to acknowledge that BTC is a superior store of value. Frankly, that's as far as I'm willing to go myself. I've said on here many times I'm not sure that BTC is ever going to be "everyday money"- but I don't think it needs to be...

Tell chat gpt to make its answers more concise 😄

So funny, you're practically quoting Lyn Alden's broken money theory here. You just haven't made the last step to understanding why (based on what you yourself have said) btc is a superior store of value. To be fair it take some really smart people a long time to come around, but almost...

Me too- but they get a surprising number of things right. To an extent, it tracks that a system that makes people literally put their money where their mouth is would be more reliable than the typical talking heads, who can just push whatever narrative they want without real consequences for...

BTC bucking QQQ and following gold so far today. Going to guess it's bc the QQQ drop is being largely driven by govt shutdown fears and BTC is sovereign resistant

I mentioned Lyn Alden, she takes it one step further. Alden argues that money is ultimately an accounting system; a ledger that tracks who owes what to whom. In primitive economies, this ledger was mental or social (“I gave you a goat, you owe me a favor”). With the rise of markets, that...

Since we are on the topic, going to throw this out there: https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6 Strong recommend. One of the best non-fiction books ive read in years. You don’t have to like BTC to enjoy it, either.

Going to say this one last thing. Happy to continue the conversation after this, but i think we should move it to the crypto thread: The idea that “Bitcoin can be restricted by governments” is true, but it’s even more true of fiat, because fiat doesn’t exist without government permission in the...

Double post

Played PF1 extensively and every version of dnd out there. Was thinking of trying PF2 myself and watched this. Found it pretty damn insightful

Ok so it sounds like our real argument is: I think BTC is sovereign resistant but not sovereign immune, and that it doesn't need to be immune to be a better currency than fiat. You think it's not sovereign resistant, and therefore it's not better than fiat. Fair?