Viewing profile — moralsupply

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I love how much the HN community is invested in demonizing Bitcoin for its energy consumption. I wish for you bashing Bitcoin to keep all your wealth allocated in assets associated…

Go ahead and call Bitcoin a "fiat currency" if that suits your narrative. Don't be surprised if some people laugh at your face, though.

A mafia or some other organization capable of enforcing rules over people could create a fiat currency too.

Quoting the first sentence of the Wikipedia article: > Fiat money is a currency (a medium of exchange) established as money, often by government regulation. As for the definition o…

Except that most gold being traded under the "store of value" premise doesn't exist, it's "paper gold". Also, gold is the one most manipulated market in the world, having both bank…

How did you conclude that I was implying that USD being fiat is an argument for the use of BTC?

Do you know what "fiat" means? It means "mandatory". How is Bitcoin being imposed on you? On the other hand, if you live in the US and you decide to not use the US Dollar, you'll g…

Feel free to keep all your wealth allocated in gold. We'll talk again in 5 years time.

I love how much the HN community is invested in demonizing Bitcoin for its energy consumption. I wish for you bashing Bitcoin to keep all your wealth allocated in assets associated…

Should have bought some Bitcoin, waited a couple years, then lambo

Following that logic China and India should be a lot more problematic than Brazil. As a matter of fact, both of those countries "mismanage" Covid-19 as well.

> And you must be laughably far right to call The Economist left wing. Marine Le Pen would call it a right wing paper. Did you read the article? It doesn't follow a "right wing" to…

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Not dismissing her accomplishments or anything, but to keep things in perspective, do understand that NASA is a government organization, and the incentives for vertical growth with…

Does that mean more energy will be used to mine Bitcoin and more carbon will be emitted in the atmosphere, killing turtles in the oceans and burning the remains of the Amazon fores…

Bitcoin is evil as it burns forests and kills turtles in the oceans due to its energy consumption. Buy bonds instead. They have no carbon footprint, and they are guaranteed by our …

With "low CPI" the government doesn't have to update government workers' salaries to compensate for real inflation. In the US, 1/6 of the workforce is paid directly by the governme…

Dogecoin was created as a joke, but as money Doge is a lot more sound than any fiat currencies out there. It's not that Doge is a bubble. The bubble is the US Dollar. (insert Doge …

The article should be renamed to: "Why measuring inflation using the CPI is misleading" The CPI is designed by the government in order to give it plenty of slack to keep printing m…

The minimum wage is universally zero. Government-mandated minimum wage is effective price control, which never works. It has the effect of taking people who are not qualified to pr…

And still we can't run Among Us on MacOS...

Have you noticed that recently we get at least 2-3 bitcoin "energy consumption" stories reaching the homepage every week? You're not concerned with that, but you're concerned with …

Don't give the HN crowd any insight on what Bitcoin really is. They have been bashing Bitcoin for a long time, and they still don't get it. They downvote and fight whoever tries to…