discussion comment
2 years ago
We don't trust a lot of things you say, FTS.
"That wasn’t really a lie, I really did make a purchase on Amazon by only spending my Bitcoins, and I can still do that now whenever I want. Notice that that is not the same as writing that Amazon has a Bitcoin checkout option. It may not have been the best way of wording it, but I consider it to be effectively paying for things with bitcoins"......... by exchanging bitcoin for a virtual debit card via paywithmoon.com
Wow! By that logic I can use my labor to make purchases on Amazon. I still don't understand how you can look at that sequence and not realize you are using fiat with extra steps... unless you're being deceitful on purpose to make bitcoin seem more useful than it is.
discussion comment
2 years ago
I meant a young lady who will pull you out of the whole Jordan Peterson thing.
Bitcoin is bad for the environment. There's no way around this friend.
Bitcoins value only is whatever someone would pay for it. As a result coiners are heavily incentived to recruit more people in.
A deflationary currency is not good. A currency and store of value aren't the same thing. Bitcoin isn't a good store of value.
discussion comment
2 years ago
You taking attacks on bitcoin so personal is why people think bitcoin is so culty/a pseudo-religion.
I don't think you're an idiot, just one a millions of young men who fell into the incel/libertarian rabbit hole. People like Jordan Peterson prey on your lack of skills and monetize on it. Bitcoin does the same. You only read things that agree with you and your echo chamber emboldens you into thinking you are correct. I hope you find a young lady who will pull you out of it.
discussion comment
2 years ago
The second sentence in that cbs article says Russia is using bitcoin to avoid sanctions.
The only use case for bitcoin is for transactions the US government would block, like things to Russia, animal torture videos, and pedo shit. If this is something you want to support do it. The best I can do is educate people on how depraved bitcoin is.
discussion comment
2 years ago
I don't want to get off topic either but Jordan Peterson is not someone young men should be looking up to. I did see see your last thread about being a PL for a night, please do not take anything Jordan Peterson says to heart- relating to women or finances.
discussion comment
2 years ago
I do like lexus, but I figure its time for us to do our time for all of our frivolous spending. Toyota is very good anyways.
discussion comment
2 years ago
FTS, I linked the thread in my original comment calling you out for lying about paying using bitcoin on Amazon.
https://tuscl.net/discussion.php?id=70872
Click the above link^^ even though it says tuscl its the link.
Feb 22 2020 from FTS
"*How did I make an Amazon purchase a couple weeks ago by only spending my bitcoins? Is Amazon part of the dark web? Better luck next time...."
discussion comment
2 years ago
I spend (lose) a lot of money on sports gambling, blackjack, expensive cars, and going out to eat multiple times a week, think 4+ times.
I'm selling my BMW and miata and moving to drive a new Toyota hybrid. My wife is also selling her BMW for a crv or rav4. We're also trying to learn how to cook so we eat out less. Eventual goal is to eat out once a week and to cut our car insurance bill in half.
In the process of moving closer to family so every week we can have a home cooked family dinner once a week too.
discussion comment
2 years ago
Speaking of lying about Amazon accepting crypto, our very own FTS lied about paying using bitcoin on amazon 2 years ago. Cannot trust this dude he just wants to spread his pyramid scheme and he'll do anything including lie to do it.
https://tuscl.net/discussion.php?id=70872
discussion comment
2 years ago
I cut down gambling a lot so I've been spending 700-1000 a strip clubs so far this year with room to move up if I cut down on some of my other dumb things. Although Desires is kind of getting stale, feels like 80% of the roster has been there for the last 2 years now.
discussion comment
2 years ago
Thank you FTS for putting hundreds of hours into understanding bitcoin. I really appreciate it.
discussion comment
2 years ago
"look yourself in the mirror and ask yourself if you're prepared to take responsibility for your position on Bitcoin."
Yes I am. Im making the decision based on facts set forth in front of me and my own experience using bitcoin/blockchain. Its clunky and not very user friendly. Mass adoption won't happen. The average American doesn't want to be their own bank. I'm not sure what you do for work, but I work in finance. I made it clear to my higher ups its too much effort to work in crypto and I'd look for another job if asked to do so. Try to do financial analysis/reporting with blockchain/crypto.
discussion comment
2 years ago
Scrubbie I wouldn't short bitcoin. It's so highly manipulated, we are nearly 150 posts into a topic about bitcoin being shit and tether hasn't even been brought up yet. Look up tether to see why shorting bitcoin is a bad idea.
discussion comment
2 years ago
"Mining bitcoin will be instrumental in the next phase of human development and solving climate change"
LOLOLOLOL OMFG I FUCKING CAN'T BELIEVE THIS.
Proof of work is inherently energy intensive, there is no way around this. Its very 1984esque for crypto cultists to claim bitcoin is good for solving climate change.
At first they laugh at you, then they continue laughing. Then they're rolling on the floor laughing. Please stop I can't laugh any more. I can't stop laughing. Then you lose your catch phrase/you get exit scammed by the exchange you use. Sorry for your lose.
discussion comment
2 years ago
I can't stop laughing.
"I've made half a mill on crypto since 2017"
"I just want to help people"
"Wake up! Stop acting so immature"
That twitter link was amazing too. I sent it to my nephew in school for finance.
You may not like it, but this is what having fun being poor looks like.
discussion comment
2 years ago
I guess its pretty cool you're not ashamed of it. I know my nieces/nephews/kids had a big talk about how it's considered lame to like your own posts on social media.
I assume you're a millenial.
discussion comment
2 years ago
FTS, I mean this to save you embarrassment, we can see that you're liking your own posts...
discussion comment
2 years ago
"If the USD price of Bitcoin, 5 years from today, is less than $20k, then I will concede that I was wrong."
Regardless of the price it will always be a shitty option. As long as the tech is the tech it I will never be a viable option for the US and the world. As long as 1 bitcoin=1 bitcoin its shit.
discussion comment
2 years ago
So what FTS is trying to say is bitcoin adoption is imminent due to lightning network. This network will make purchases very easy and streamlined (as easy as swiping a credit) only both parties need botcoin to use it. Since the early adopters have their stacks of bitcoin already the slower movers would have to pay a premium to join in on this easy payment system, making the early believers rich.
This is where the cult part of bitcoin comes in. FTS/other Hodlers realize they NEED to recruit other people so their bitcoins go up in value. As a result they make it their personality/hobby to get people in on bitcoin.
I've received PMs from people asking why I've argued with FTS so much on other threads, its so that people who aren't as familiar with bitcoin can understand exactly why FTS is posting about bitcoin.
discussion comment
2 years ago
I'd say its a downgraded spreadsheet, glorified spreadsheet is kind of a compliment to it lol.
One of the things about bitcoin is the crypto cultists are conditioned not to sell but "hodl" instead. This stops a "bank run" on bitcoin and keeps the price elastic. There is no way there is 1 trillion dollars in bitcoin. To get the true market cap of bitcoin you'd have to multiple the price the bitcoin was bought by the amount bought/created at the time. Of course you also have to account for the bitcoin that has been lost forever too.
discussion comment
2 years ago
I lost it at Jordan Peterson. Ugh I really don't want to get personal but certain kinds of men are attracted to his beliefs. There is alot of overlap between Jordan Peterson fans and crypto cultists.
Also onion article posted yesterday:
https://www.theonion.com/man-who-lost-everything-in-crypto-just-wishes-several-t-1848764551
“Over the past few days, I’ve started to worry that all of this stuff—Web3, non-fungible tokens, even the blockchain—is just a Ponzi scheme to cheat people like me out of our money, and no one even thought to explain this to me outside of the hundreds of people I deliberately ignored. It’s really a shame that I learned all of this too late.”
discussion comment
2 years ago
Ahhh yes the x famous/rich person bought into it so should you!
Here's an article about Theranos support from famous/rich people who personally vouched for it.
https://money.cnn.com/2018/03/15/technology/elizabeth-holmes-theranos/index.html
discussion comment
2 years ago
No adult in the US who owns a house, stocks, and a car is going to get poor slowly from inflation they actually benefit from it.
discussion comment
2 years ago
FTS did all that research but never once did he use bitcoin as an actual means of currency. Any artist who actually USES bitcoin will tell you how terrible it is. Stick with fiat.
discussion comment
2 years ago
Bitcoin is trash and only pedos and Russians use it.