@PNS
This Bitcoin bullshit needs to stop. What a waste of resources. Shane on Adam for pumping our collective demise.

@PNS @cbrooklyn112 @rjdiasio

The fact that Adam is all in on it means it’s completely bullshit. He’s not been right about anything major like this.

@PNS@noauthority.social @rjdiasio@noauthority.social @RandomDeamon@noauthority.social
Adam said one thing correct, that mining bitcoin is a license to print money. If you choose not to do that then thats on you.

@cbrooklyn112 @RandomDeamon @rjdiasio

Now you're strawmanning.

What if your bitcoin's value was crunched into existence in that specific town, next to their homes, their electricity and water bills going through the roof?

I guess enjoy spending it.

@RandomDeamon @PNS @cbrooklyn112 @rjdiasio Kinda like those ledger entries at your bank. So much real work and resources to create some electronic accounting entries for an imaginary currency. You own literally nothing (Nixon took USD off gold standard in 1972) and are happy about it.

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@RandomDeamon @PNS @cbrooklyn112 @rjdiasio USD is literally created from whole cloth by a bank. There is no backing or material value whatsoever. (Paper bills and coins are an infinitesimal proportion.)

It is the largest illegal counterfeiting operation in the world (or history).

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