46 karma · joined May 19, 2020
We've developed a fairly decent record of events back to 14,000 years ago
Look up 'Miyake events'
Can't wait for 2025 for the next round of bullshit expansion. You can celebrate again in 2026 during the "collapse"
Bitcoinisdead.org
Imagine what it would do to banking data and transfer/payment networks on the impact facing countries.
And that's fine, because the beauty of satoshi releasing it as open source spawned an entire ecosystem of ideas and implementations, so while his 'baby' may not be what he envisioned the basic idea and problems solved live on through evolution.
Monero is the 'ideological' best cryptocurrency in my opinion, and I've hedged my bets across a handful of coins that I think at least offer something valuable to the future space.
Bitcoin has the first mover advantage and although bastardized into a 'gold like store of value' completely detached from its original use case I'd still want to own a decent amount because why fight momentum.
I agree with everything you say (wild west token scams, tether backing and sketchy accounting) but I think there is too much benefit at the core for one to disregard the entire space. The cream will rise to the top.
The amount of institutional investment this round offer legitimacy and absolute scale of potential that can't be overlooked by anyone that's been paying attention.
Honestly, for the amount of forward thinking technologists that call this nook of the internet home, there is a ridiculous blind spot for cryptocurrency. It's actually ridiculous to me that such forward thinkers could be such luddites.
Will it take another decade before you realize we're there - or if not yet, where this is going?
*Edit: speaking about crypto as a whole not specifically doge coin. BTC and ETH first to market with digital solutions to antiquated economic problems. But I'm not joking when I say the cut of Musk's jib puts a significant non-zero chance that he announces Doge will be the official martian currency. PT Barnum or not, I wouldn't completely discard the idea.
I don't trust that much verbosity
Worse comes to worst he can afford to build his bat cave and hire his own henchmen. Assuming he can close his position deep in the money.
Those following might cry out against him when he does - but he's taught a lesson here and he will teach a lesson there. He was definitely in his wheelhouse developing creative financial education for his day job
But combined, it's sure is something.
The arbitrary metric is relationship
Any misunderstanding beyond that is a failure of both parties.
The reverberations of the loudest (most magnified) permeate and shape ideology.
Hopefully the conductors get the frequency right for long term and long distance communication.