/biz/ - Business & Finance

Everything he says about bitcoin is a lie and he knows it. He's just spreading fud to push his own gold business. His son holds a lot of bitcoin and so does he secretly.

I hope everyone can finally ignore him.

>>26146631
Everything he says about bitcoin is true. Bitcoin's intrinsic value is the payment processing network, which on BTC was hard capped to 1MB blocks for no reason other than CORE could build their 3rd party apps like Liquid on top of it. If Bitcoin was actually a low fee payment processing network it's intrinsic value would at least match PayPal or Visa. Add smart contracts and dapps ontop of that and then it would be far more valuable than Visa. But instead we have shitty BTC with 1MB blocks and no apps built on it and $10-$50 transaction fees and muh hodl.

It isn't worth shit.

>>26147598
ok boomer

>>26146553
Why would he be though? Nothing will happen to his gold. All his boomer metals are holding value. You can make fun of them all you want but that isn't changing anytime soon.

>>26147598
This is why BSV is the future

>>26147624
You can't come up with a logical argument to dispute any of the facts I posted. Enjoy getting rekt when the rug pull happens.

Oh look it’s another fund guy who inherited all his money from his dad who had 20m go “missing” giving shitty advice, it’s like dan bilzerian shilling finance

>>26147598
That is akin to whinging about gold being 'too heavy' when there are lighter metals to use, and not having the liquidity of mercury, and the transportation costs of gold is too high.

No one knows who actually made Bitcoin, there is no corporation or company, so there is no sueing. Banning will have the streisand effect. Bitcoins dominance, aside from being the first, is that it's going to be limited in supply, and the supply will always dwindle (someone with some satoshis in an account dies and no one can get access to it because they can't find the wallet or password).

>>26147598
Nobody cares to convince you cause it’s clear you’re ngmi with a closed mind

Can we meet in the middle and get him to make his own paxg/dgx

>>26147598
no core dev is against increasing blocks at some point in the future, blocks will increase when the average bandwidth and storage abilities in tech will be more advanced

>>26147736
CORE has brainwashed everyone and has full control of the project. One day CORE or miners will convince people to reclaim lost coins for miners or to increase the cap past 21 million. It is the only possibly scenario if you want to maintain hashpower with 1MB blocks. In 20 years the block rewards will be nothing and it will rely on transaction fees only.

>>26146553
he is quite baste and is actually a bitcoiner parading as a gold bug. I guarantee he and his son are in kahutz and if they knew about it and weren't american they would have gotten into the glitch presale