Talk of The Villages Florida - View Single Post - Bitcoin Explained in plain english
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Old 07-06-2022, 03:11 PM
MorTech MorTech is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
LOL! I love listening to cult BS. There are so many right now, as thieves / crooks / get rich quick schemes / sociopaths / etc love the game. NFT were just another game created by the believers. The funniest part is that thieves steal each others' thieve's currency, which makes the whole implementation fraudulent.

block chain tries to solve the byzantine general game theory problem, Byzantine fault - Wikipedia and its the best solution so far. However, that doesn't make it economically viable on a mass scale as an asset class nor a money as a store of value for trading for goods and services.

the cult dudes don't even know when they are in the cult, and after some people come out, they can't believe how brain washed they were. . . . time to read up on abnormal psychology and behavioral finance to understand the intersection of money mania periods.

good luck to the cult. . . and yes, I have studied economic history in grad school, and have traded / invested / speculated over 40 years, so i have some experience in reality. . even the great Jesse Livermore died broke, but his great granddaughter is a beautiful porn star!
What solves the "economic problem" of every political currency on earth rapidly falling to zero value? I don't think you understand what a "cult" is...Bitcoin is digital property that is limited in quantity and can't be stolen from you by muggers and voters.