Thread

Replies (97)

Bitcoin doesn’t need to change, Bitcoiners (the people) need to change. What’s required isn’t a protocol upgrade, but a BIP for the mind. It starts with a physical understanding of what the protocol already is, a completed understanding of time as Bitcoin instantiates it. Only from that grounding can protocol changes be justified by objective necessity rather than subjective preference. View quoted note β†’
so currency A loses purchasing power over goods and services, but currency B loses purchasing power even faster, thus it looks like currency A is gaining value relative to currency B and in your mind somehow this makes currency A gaining value overall, even though you can buy less land, beef, oil, or gold with it than a year ago. you're the literal posterboy for fiat dude, please keep talking, its HILARIOUS.
Well it just depends what the alternative is, doesn't it? Why save in anything? Why save in Bitcoin? If you had 1 bitcoin, and sold it 365 days ago to buy silver, and sold your silver today to buy back bitcoin, you'd have 2.5 bitcoin. If the goal is to accrue value, then you save in whatever does that! What drives value at the end of the day is STORIES. Things like inflation, liquidity, etc., these are just various plot points that we can use or not use in the stories we tell. But in the end the value of a given money comes down to how persuaded people are by that money's story. Money is simply trade-able persuasion.
Lots of things! Bitcoin is more or less a start-from-scratcher on an exact 10-year timescale, so a fair comparison would be other things that are also more or less start from scratch. Eth pretty sure. As in if you bought $100 worth of Eth exactly 10 years ago today, you'd have done better than if you'd bought $100 worth of Bitcoin. Also NVIDIA stock too probably, but that's not from scratch (though it's from the gaming GPU time when nobody could have forseen AI)
Nobody can tell you. This idea that some certain money has objective properties that exist outside of the human imagination and that will guarantee this money's success in x years time, it's all nonsense. No money, fiat or crypto, has objective properties that exist outside of the human imagination. No money has protons, neutrons or electrons. Just imagina-trons. All of 'em. It's all just one big fight for the collective human imagination, and the only weapons in this fight are stories. (Note *human imagination*, and not animal, because penguins and polar bears could care less about this fight.) Each money is armed with its own story, and the stories are doing battle, and it's never-ending, and new stories will emerge and old stories will fade away, and on and on we go. That's what it's about.
Lol "pick a date", no. You said 10, I gave you 10, and now you don't like it because you learned that Nvidia and Eth did better over the past 10 years. Also, news flash, 10 years is the least random measure you can think of. If it was 7.32 years or something the that'd be cherry picking.
Kajoozie Maflingo's avatar Kajoozie Maflingo
OK so then on a 10+ year timeline what has outperformed Bitcoin for savings (also known as DCA)
View quoted note →
Here's what I used for another oops didn't know person. It's 10 years ago today. Me, you and Mickey Mouse each have 100 Bitcoin. You keep yours. I sell mine and buy Nvida stock. Mickey sells his and bus Eth. This morning I sell my Nvidia and buy Bitcoin. Mickey sells his Eth and buys Bitcoin. Guess what? We both now have more Bitcoin than you. Amazing. What happened? If bitcoin is ~*good*~ and I have more than you now, then aren't I ~*gooder*~! Awaiting whatever other technicality you want to fish out of your pocket.
I’m looking at Mickey Mouse with his 3500 or whatever bitcoin, and you with your 100 bitcoin, and you’re telling me that somehow you made the right choice because of some arbitrary definition of β€œsavings”? hate to break it to you but 10 years ago today bitcoin required something of a risk appetite, you can’t retroactively go back and make it some kind of well-known thing like it is today
Don't pretend like if you could go back in time 10 years with $1,000 you'd buy Bitcoin and not Ethereum (butterfly effect disabled). Of course you'd buy Ethereum, and then you'd jump back forward in time and sell it for Bitcoin. And if you had a crystal ball and knew 100% for sure that say, whatever, I dunno, titanium, was going to rise in value versus bitcoin over the next 5 years, you'd sell all your bitcoin and buy titanium. If not then what are you thinking? That it makes you somehow moral to end up with less bitcoin but to have held it all along?
you're being a fool and investing your hard-earned money all in one place based on some weird combination of ideology, friendship and magic-show hypnosis. this isn't 2009. bitcoin's puberty is over. its teenager height now. lots of things will grow faster than bitcoin in 2026. as happened in 2025. (heck even the S&P 500 grew 20% faster in 2025.) keep some of your money in bitcoin but spread the rest around. trade a little. and cash out back to bitcoin when it makes sense. humans have been trading since the beginning of time for a reason.
newsflash: ETF's and stable coins and BTC Treasury companies and paper bitcoin and derivatives, etc... ARE THE NARRATIVE CHANGE. go watch every video Andreas Antonoupolous did from 2010-2015 and come back to us with a full understanding of the true original narrative of bitcoin. hint: we aren't supposed to be buddy-buddy with the wall st suits and bankers. we are supposed to leave them broke and unemployed and homeless, begging for scraps in the street as all their wealth becomes fucking W O R T H L E S S