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For only $69,469, you could help a poor bitcorn owner recover their investment in internet numbers.

submitted by Sector2 to Finance 1 monthMar 10, 2024 15:50:17 ago (+5/-1)     (www.tradingview.com)

https://www.tradingview.com/chart/?symbol=CRYPTO%3ABTCUSD

But now I'm wondering if embracing accelerationism might be the fastest way to end this civilization and give us the reset we so desperately need. If so, bitcoin and AI would be the way to go.

On the other hand, chances are high it will only end civilization for the common people.


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[ - ] Crackinjokes 2 points 1 monthMar 10, 2024 15:53:24 ago (+3/-1)

What makes you think that Bitcoin holder would want your worthless US dollars to exchange for something they have that is increasing in buying power literally every minute ( and has for the last 15 years)

[ - ] Sector2 [op] 4 points 1 monthMar 10, 2024 16:01:56 ago (+4/-0)

Have you noticed how "the value" of bitcoins is denominated in dollars?

[ - ] Centaurus 4 points 1 monthMar 10, 2024 16:53:34 ago (+4/-0)

So basically whatever price bitcoin is going for, subtract 25% due to inflation over the last 3 years and that is what it would be worth in January of 2020. The value hasn't gone up, just the price.

[ - ] Crackinjokes 1 point 1 monthMar 10, 2024 18:37:39 ago (+1/-0)

I guess you are not aware that Bitcoin has gone up at a logarithmic progression since inception.

Many many times inflation

1000's and 1000's of times inflation.

[ - ] Sector2 [op] 0 points 1 monthMar 10, 2024 19:39:11 ago (+0/-0)

I was aware when it was $32 that it was ripe for speculation, but there are things more important than money.

[ - ] Crackinjokes 1 point 1 monthMar 10, 2024 18:50:01 ago (+1/-0)

[ - ] Gowithit 4 points 1 monthMar 10, 2024 17:51:35 ago (+4/-0)

Stop noticing or Crackings going to have an aneurysm.

[ - ] Crackinjokes 2 points 1 monthMar 10, 2024 18:36:31 ago (+2/-0)*

Actually it's not.

You can buy more with Bitcoin today than you could 5 years ago.
But you can buy less with dollars.

Bitcoin is valued in buying power

[ - ] Crackinjokes 0 points 1 monthMar 10, 2024 18:44:48 ago (+0/-0)

Not just values in fiat dollars.

In fact you can buy anything including houses, eggs, and gold with Bitcoin

https://bitpay.com/blog/how-to-buy-gold-with-bitcoin/

[ - ] Sector2 [op] 0 points 1 monthMar 10, 2024 19:08:36 ago (+0/-0)

My egg seller only accepts money.

[ - ] Crackinjokes 0 points 1 monthMar 10, 2024 18:42:28 ago (+0/-0)

I do get tired of dealing with deniers.

Here is something you can wrap your brain around.

You can buy gold bullion with Bitcoin if you like.


"Buy Precious Metals With Bitcoin At Bullion Exchanges
Bullion Exchanges is committed to offering the most convenient payment methods when purchasing any precious metals on our website. If you choose to buy precious metals with bitcoin, you will receive a 1.5% discount off the credit card price hence you’ll pay a lower premium than choosing to pay with a credit or debit card."

It would be dumb but you could.

https://bullionexchanges.com/learn/buy-gold-with-bitcoin

[ - ] Sector2 [op] 0 points 1 monthMar 10, 2024 19:19:17 ago (+0/-0)

I have zero use for gold. The only metal I could possibly use would potentially be various extruded aluminum shapes. No projects needing that at this time though.

The only reason I can think of to support bitcoin is if it were guaranteed to end our civilization, but it's far more likely to lead to total human slavery.

[ - ] Crackinjokes 0 points 1 monthMar 10, 2024 18:39:02 ago (+0/-0)

You can stay in your coping denial or you could look up your local Bitcoin ATM and buy some.

[ - ] Sector2 [op] 0 points 1 monthMar 10, 2024 19:32:25 ago (+0/-0)

There's one a 13 minute walk away.

I've had a bitcoin tab open on my computer since it was $32. What makes you see it as something to get involved with?