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/biz/ - Business & Finance


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11690662 No.11690662 [Reply] [Original]

He may be a crazy larper, but in the end but he is correct. The entire premise behind crypto, if you havent figured it out already is taking profits. If this isn't your motive you are in it for the wrong reasons. Profits is how you GROW this industry. Why do miners mine and traders trade without this competition none of this would grow. The reason Craig is correct is because he wants to attack other chains and generate profits.

This leads me to my biggest issue with the current state of BCH/BCHABC and many other cryptos. They have become the exact cult they would like to point there fingers at. Bitcoin has segwit which is an opt in for a shitty 1mb blocklimit. Instead of HIRING THAI HOOKERS to illegitimate the project they should have ATTACKED BTC filling up those blocks making it impossible to create profit on the chain. Imagine just 4 months in this bear market where BTC was unusable. This never happened and using BTC only costs a few Sats so the narrative of BTC doesn't work falls on deaf ears to the media. But no, what happened this last year BCH losing hash and SATS to BTC. BCHers were fooled and didn't follow the #1 rule of taking profits. Craig is correct this is pure capitalism, survival of the fittest. Once you understand this you understand CSW, McAfee, and many others. IF YOU DO NOT ATTACK OTHER CHAINS YOUR CHAIN WILL DIE OUT CSW sees the writing on the wall. Ask yourself this if you believe in the future of your chain why are you not attacking BTC?

>> No.11690713

>>>/r/eddit
stay there
kys

>> No.11690717

This is why POS is going to be a failed system looking to make profits off of bag holders with no way of competing in the system.

>> No.11690725

>>11690713
Did I hit a nerve? I dont use shitty Reddit. If your chain is not attacking and growing it is dying.

>> No.11690756
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11690756

People join these cults to buy into shared delusions. Only to be fleeced for profits.

>> No.11690926
File: 61 KB, 696x449, craig-wright-bitcoin-twitter-696x449.jpg [View same] [iqdb] [saucenao] [google]
11690926

>developers exerting there power. Doing >everything to maintain the delusion that nothing >is wrong.

>> No.11690941
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11690941

>>11690756
You are the one being fleeced.

https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a

>> No.11690953

>>11690941
>Follow the cult delusion.
Who is fleecing me? I am taking Profits. Lightning, 1 MB all its going to do is Enslave people.

>> No.11691145

>>11690662
Agreed. PoW is a new paradigm of governance and the rules of the old world (virtue signalling, social grace, compromise, etc.) no longer apply. Bitcoin is not going to be moved forward by everyone coordinating and singing kumbaya, it will be moved forward in the same way life itself has always moved forward: ruthless competition.

>> No.11691169

>>11691145
Thank you. At least someone gets it.

>> No.11691190

Why even bother with BTC and other cryptos meant for currency when there is a project like Chainlink? No point at all.

>> No.11691222

>>11691190
Chainlink is ruthless and driven to make profits. The storm /biz/ is making is great.

>> No.11691339

He might be smarter than Ver and Jihan, but SV is dead now.

>> No.11691358

It's also why litecoin is a total scam. It's not even trying to hide its uselessness by only sucking bitcoin cock.

>> No.11692080

Bump before I go home.

>> No.11692345
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11692345

>>11691339
>this broke drunken sperg might be smarter than a child prodigy turned multi billionaire and the first investor in bitcoin startups
I can't even ...

>> No.11692386

>>11690717
>competition is what a group of people controlling vast amounts of hash power decide they like or dislike
how about, you know, competing for adoption and actually being useful? you pow worshippers are so fucking dumb quasireligious brainlets sometimes

>> No.11692850
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11692850

>>11690662

>> No.11692884

>>11692386
>Being useful
This is where your ideology has blinded you what has actually been "useful" according to the market. Think deeply about this.
>>11692850
Nothing productive to say so its just insults. Where is the post wrong?

>> No.11692896

>>11691222
Hahahaha

Fuck sergey cunt

>> No.11692902

>>11691358
Would love to see LTC die

This... Is 21 century war

>> No.11692907

>>11692896
Just look at how its been performing in this bear market. I mean the evidence is literally in your face. If you bought in the summer you are up 100% so far.

>> No.11692911

>>11690662
>attach btc by filling up those blocks
This is what happens when room temperature IQ meets keyboard

>> No.11692947

>>11692911
You are saying nothing of substance. Its not even in what OP wrote.

>> No.11693823

>>11690662

tl;dr

go fuck yourself

>> No.11693893

>>11690662
Bitcoin has been and is being attacked from every possible front, get your alzheimers checked. And fakeidiot is never correct no matter what kind of mental gymnastics you invent.

>> No.11694222

>>11693893
Lol delusional.
"Satoshi's Shotgun"