[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 37 KB, 599x584, tone1.jpg [View same] [iqdb] [saucenao] [google]
11053273 No.11053273 [Reply] [Original]

Some people asked for the Vays part of this debate.

Roger "Hur dur - killing babies"

Tone "Don't spend ur bitcoin unless the vendor RESPECTS it"

Noobs "You guys keep yelling and scaring me - I wanted to buy some but now I'm scared"

https://youtu.be/HNFUvGp-YZI

>> No.11053713

Maxies make Ver seem reasonable every time.

>> No.11053774

Adam Smith would say that if you use btc as money it would lose its value.

>> No.11054296

>>11053273
>i sell my bitcoin to people who care about bitcoin

im sure you do tone. im sure you didnt sell thousands of bitcoins in december/january to FOMOing retards. im sure you didnt bud

>> No.11054368
File: 661 KB, 1365x526, SPURDO X20 X--DDDDD.png [View same] [iqdb] [saucenao] [google]
11054368

is this the thread where BCashies damage control losing their app in Google store the same day they fall below 0.66, the worst showing since a year ago?

Because that shit's hilarious

>> No.11054393

normies with their shirt off is bearish for bitcoin

>> No.11054434

BITHCOIN CHASH

>> No.11054445

Holy fuck bitcoin core kikes are pathetic, put on a fucking shirt

>> No.11054643

The chinese cowboy segment of jerry springer was even worse.
https://www.youtube.com/watch?v=HKM6DlaRpYo
It's really hard to know who to root against.

>> No.11054667

>>11053273
>>11054643

All three of these are the worst people in the space. Atleast Ver on boards corporations in the background by bribing them.

>> No.11054689

>>11054667
Anyone that says "the space" is quite bad Tbh

>> No.11054923

>>11053713
Tone Vays is objectively a fucking moron

>> No.11055057

>>11054667
>>11054923
I still think Tone's pretty good at TA. But he's so drunk on the core koolaide, he believes in the bitcoin standard, where banks hold your coins and settle transactions for you.
Jimmy Song is probably a good enough technologist to know how intellectually dishonest he is.
Roger Ver's heart is in the right place, but he's a gun pointed at his own foot in his mouth.

>> No.11055079

>>11055057
>where banks hold your coins and settle transactions for you.
that's not what he believes.
Layer 1 with high fees will be used by banks and institutions for settlement, layer 2 (LN) for ultrafast cash tx.

>> No.11055247

>>11055079
Yeah, banks are the layer 2 solution.
BTW, not much different than settling everything through custodial exchanges. You better fucking believe they're running a fractional reserve.
We need decentralized exchanges for price discovery and real world merchant adoption. Both of which Tone is against.
He's literally stated that institutional custody is more important than merchant adoption.

>> No.11055284

>>11053273
is tone a jew or italian?

he looks like shit

>> No.11055322
File: 84 KB, 1334x293, adqakc6dq9901.jpg [View same] [iqdb] [saucenao] [google]
11055322

>>11055247
https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a

https://hackernoon.com/them-lightning-network-nodes-sure-do-look-centralized-to-me-what-gives-ee39c9b12ac0

>> No.11055451

>>11055247
It is. If you want merchant adoption right now all it will do is devalue the coin because you will have immense sell pressure. Great if you don't care about the price.
But what makes bitcoin more valuable than just a payment system is that it's an asset. The robustness, decentralization and network effect of the protocol is what matters most for the moment.
I agree it was not stated in the white paper but the white paper isn't the bible and the community decided btc was better as digital gold for now.

>> No.11055528
File: 63 KB, 766x522, gurl-many-such-cases.jpg [View same] [iqdb] [saucenao] [google]
11055528

>>11055451
>the community
ITYM the market. 10/10 post would read again anyway

>> No.11055744

in the future there will be a huge inevitable war though between those who want to remove the 21 M cap to add inflation and those who dont.

>> No.11055825

how much money does tone vays have?
and who named him that? wtf

>> No.11055874

>>11055322
This is why I hate founder worship and dogma. Banks run fractional reserves. That's their fucking job. Decreasing block rewards to reduce inflation is folly, if we have to revert back to a fractional reserve.
My hope always was that users can retain full custody of their funds while using the 2nd layer. But I'll wait to see what the consensus rules are for running a validator node. Plasma has very robust incentives to prevent any kind of fuckery.

I'll read your articles later.

>> No.11055912
File: 512 KB, 750x1194, 20180902_001101.jpg [View same] [iqdb] [saucenao] [google]
11055912

>>11055451
Spend and replace brainlet

>> No.11055946

>>11055451
Okay, but it won't be your bitcoin once you give it to the banks. It will be a debt that you're owed and one they may not be able to pay.
WE ALREADY WENT THROUGH THIS SHIT WITH THE (((GOLD STANDARD)))!

>> No.11056074
File: 54 KB, 587x442, proofofshirt.png [View same] [iqdb] [saucenao] [google]
11056074

>>11054445
I think he lost his checked luggage bag and no one would lend the creepy dude any clothes.

>> No.11056120

>>11053273
Fk man, Roger has his heart in the right place, he's the only non-scammer in crypto, but he comes off as a douche every time.
Gladly, the corekeks he's usually debating are behaving even worse.
A debate between Roger and Oy Veys, moderated by an employee of Vays. Nice-oh

>> No.11056793

>>11055912
That's what I've been doing for a few months now. Loving purse ;]