LibreHans
@LibreHans@lemmy.world
- Comment on Bill Nye The Science Guy on Climate Change 1 month ago:
Bill Nye - Climate Change is REAL motherfuckers!
So science-y
- Comment on Anon gives up on Bitcoin in 2010 2 months ago:
They’re trying to dump their bags on the US government. Is it illegal? Sadly no. Should it be? Yes.
If they are dumping their bags now, which SHOULD make them criminals, what were they when they bought those bags? You make zero sense.
Your opinion won’t matter. You don’t own an exchange, you aren’t a major bitcoin miner, and you’re not a platform landlord or newspaper editor.
Again you show zero understanding or knowledge of bitcoin. Node runners showed miners who is in control in 2017, and they will happily do so again.
To make an analogy for the lightning network, imagine each time you made a credit card payment, you have a to roll a die, and only if it comes up as a six, your payment goes through.
That’s cute, previously you pretended that only onchain exists, and now you’re a lightning expert, an expert who is unable to run a well connected node. Okay.
- Comment on Anon gives up on Bitcoin in 2010 2 months ago:
Not useful to law abiding citizens, exactly.
Are the senators and state legislators who advocate for bitcoin strategic reserves all criminals? You don’t know what you’re talking about.
The scarcity is debatable because of forks.
A fork will never be considered bitcoin by my bitcoin node, and nobody who runs a bitcoin node is incentivized to increase the limit on bitcoin as it would only devalue their bitcoin. Again, you don’t seem to understand even basic concepts about bitcoin.
which leads to a transaction limit of 7 transactions per second
Oh my, you’re stuck in a narrative from 2017. Again, you don’t know anything about bitcoin or the lightning network.
- Comment on Anon gives up on Bitcoin in 2010 2 months ago:
You mean bitcoin is not useful to you, it is very useful to lots of people. How is its scarcity debatable?
- Comment on Anon gives up on Bitcoin in 2010 2 months ago:
I don’t understand how bitcoin has value
The first major use case were donations to wikileaks, because the existing financial system shut them out. Recently, the Americans shut Russia out of the financial system and stole their money. Escaping financial repression is valuable (even if you don’t agree that people should be able to escape).
- Comment on Anon gives up on Bitcoin in 2010 2 months ago:
Hm wat? It’s obvious that something useful and scarce will always go up against money a central bank can create out of thin air.
- Comment on Anon gives up on Bitcoin in 2010 2 months ago:
The cope. Nobody could have predicted this! Except all the people who predicted it. But that was just luck!
- Submitted 6 months ago to videos@lemmy.world | 0 comments
- Comment on Inflation? 7 months ago:
Its always more more more.
Obviously, because the money is always worth less less less.
- Comment on Inflation? 7 months ago:
Lol, you’re the one propagating the big banking propaganda that monetary inflation is not inflation.
- Comment on Inflation? 7 months ago:
Money is always tied to the value of things, so according to you inflating the money supply always leads to money losing purchasing power.
Debt denominated in USD
- Comment on Inflation? 7 months ago:
Have fun staying poor
- Comment on Inflation? 7 months ago:
Their ACTUAL profit margins are significantly larger and growing.
Their gross profits are up because money is worth less because of inflation. The purchasing power of those “growing” profits has basically not changed.
- Comment on Inflation? 7 months ago:
Go look up their net profit margins, they are going sideways.
- Comment on Inflation? 7 months ago:
Nobody said US debt, it’s USD debt, this is basic international economics knowledge.
Inflation is the loss of purchasing power of money, not somebody raising prices. Inflating the money supply leads to loss of purchasing power.
- Comment on Inflation? 7 months ago:
Go look up net profit margins of retailers, they are going sideways.
- Comment on Inflation? 7 months ago:
Which company do you think is price gouging?
- Comment on Inflation? 7 months ago:
Stores don’t look at inflation, inflation makes the stuff they sell more expensive to buy, so they have to sell it for more money or make losses.
Fed policies like interest rates directly affect almost all countries because they have USD debt.
- Comment on Inflation? 7 months ago:
FED policies affect every currency on this planet as they are all backed by the usd… the consumer price index was designed to under report inflation. The basket would be CHEAPER every year because of improvements in production if there was no inflation.
- Comment on Inflation? 7 months ago:
lol. The Fed devalues your money, of course that leads to rising prices.
- Comment on Inflation? 7 months ago:
Inflation and our financial system were created by politicians.