Jeffrey RobinsonFeb 15, 2023

I'm getting sick and tired of reading how there are still some people who are forever (still) preaching the cult of #bitcoin and #crypto. It's not currency. It's not an investment. It's bullshit. Sadly, there are no shortages of greater fools.

https://www.amazon.com/BitCon-Naked-Truth-About-Bitcoin-ebook/dp/B00NUIUQ3A/ref=sr_1_1?crid=3AC147J9AIFMN&keywords=BitCon&qid=1676503476&s=digital-text&sprefix=bitcon%2Cdigital-text%2C79&sr=1-1

Show threadvolkrisFeb 15, 2023

@WritingFactory

You get into this sort of gaslighting situation where people who actually in their real lives use Bitcoin as currency are being told that they don’t do the thing that they absolutely do.

And that’s why those arguments don’t really carry much water. People know for a fact based on their own personal experiences that the argument is false.

Yes, Bitcoin is a currency. It is an investment. How do I know? Because I know a bunch of people who personally use it as a currency and as an investment!

It’s like claiming water doesn’t run downhill as I am watching some water run downhill.

Show threadJeffrey RobinsonFeb 16, 2023
@volkris if you think, bitcoin is a currency, you don’t know what currency is. If you think that bitcoin and crypto are investments, you don’t know the difference between an investment and gambling Look up the “Theory of Greater Fools. “ I refer you to “BitCon - The Naked Truth About Bitcoin.” you’ll find it on Amazon is an e-book and it debunks every single thing you think about this crap.
Show threadvolkrisFeb 16, 2023

@WritingFactory

How would you define currency?

Show threadJeffrey RobinsonFeb 16, 2023
@volkris Not me, these definitions are established by economists. I’ll post the section from BitCon that goes into this tomorrow on my Substack and let you know where to find it.
Show threadvolkrisFeb 16, 2023

@WritingFactory

The thing is, I’m talking to you, so I want to know how you define it. Even if you are adopting some standard definition, that’s fine, but I want to know what you mean by the term so I can talk to you about it.

Show threadJeffrey Robinson
@volkris I define it the way the economists do and will send it to you tomorrow.
Feb 16, 2023 at 1:26amMastodon for iOS