Do you find it hard to merit people when you don't agree with what they are saying? I'm not talking about a small disagreement here, rather about completely opposite points of view.

Since I've been on the forum I've made sure to give people merit even if I don't agree with what they say but I recognize that it's not as easy as when you do agree with them.

Moreover, I think that many times merits are given simply because people agree with what the other is saying and not so much because the post is specially worked.

I think another thing that is also hard is, if you have had a heated argument with someone (and at that time you have not given them merit because you understand that those posts do not deserve it), to give them merit in other posts that you find in the forum later on. Again, that's another thing I've made sure to do, to give someone merit regardless of previous arguments, but I think it goes against our instincts.

I try to be objective, except when discussions lead to insults. If someone insults me, I put him on ignore and I won't give him any more merits.

What are your views and experiences about it?

Look, I'm not going to discuss this any further with you because it's clear that we're not going to reach an agreement. I don't know if I didn't explain it well in the OP or you didn't understand it well, but when I talk about Bitcoin absorbing market cap of other assets I'm talking about a years long process.

In my view, as of today Bitcoin has already absorbed some market cap of gold. Most of the money that has been put into Bitcoin, if it had not been invented by Satoshi in 2008, would be in the market cap of gold today. And for that it hasn't taken people selling nearly $1T in gold to buy Bitcoin.


You have made me think, because it is true that for example gold today is a store of value and practically not used as a currency (unlike in the past), while a lot of transactions are done in Bitcoin every day.

Yes but my point was that no state should force Fiat on anyone either, that's what they do and I don't see many people complaining about it. I don't see people using the Fiat for its "merits" either, apart from the fact that this is what is accepted as payment.


No, you didn't.

Besides, it seems to me that protests will be closely linked to the price. If it goes up a lot, no one will protest, as soon as there is a drop, there will probably be protests again. It shouldn't be like that, and Bitcoin should be valued for its intrinsic properties but it seems to me that's what's going to happen.

And Shitcoin Cash is ranked 15 but it has like 1-2% of Bitcoin market cap.

Yes, that's what I mean. We've just touched $50,400 btw, let's see if we break it today.

That's because we are badly accustomed  to the profitability of Bitcoin. Before it existed, such high returns could only be obtained with very high risk assets, so the potential profitability was coupled with a very high potential risk of losing your money, if not outright scams. To despair when the price of Bitcoin has "only" gone up 500% in the last year is very funny.

And it's happened to me too, eh, but if you think about it, it's a good laugh.

Actually, all news sources are biased to an extent. Information, knowledge, does not exist as detached from our preconceptions. Another thing is that there are outrageously biased sources of information.


I agree but in general, not just with the Afgan conflict.

I don't see mentioned that in poker, unlike other casino games, there is another reason to implement kyc, apart from the typical anti money laundering reason: to avoid collusion. If you don't identify individual players with a different identity each, you can have two or three players at a table who are playing together from the same place ( knowing what cards each one of them has.

Me too, I have not seen him answer the previous question:


I myself have used casinos for the privacy of my coins. When you deposit you do it from one address to one address of the casino, but when you withdraw, the casino sends it to you from another address different from your address which is also usually another address, so you lose track of it. They usually have one or a few addresses with a large balance, and the addresses that contain small deposits they consolidate from time to time.

So if you deposit today in a casino and withdraw the money tomorrow, most likely the money you deposited is still in the address you deposited it and the casino pays you from another address that has a large balance with only one input.

I don't agree with that. In every country in the world they force us to accept Fiat, they force us to pay taxes with Fiat, so for a country to do the same with Bitcoin seems great to me.

And the photo you put is a laugh, it is not the first one I see of "massive" protests and there's hardly a soul.

Well, it is true that today the crypto issue does not move a mass of voters as other issues can do, but what I find interesting is the trend. It seems to me that we are going to see more and more politicians talking about measures favorable to cryptocurrencies in their election campaigns, and that is positive for the normalization and mass adoption of Bitcoin.

100% in Bitcoin. The other thing would be to play roulette. If you like the thrill of playing roulette, I would invest 90% Bitcoin and 10% shitcoins.

The other thing that would be nice to know is, are you going to invest for the long term? Or are you looking to invest now to sell in the future (trading)? I say this because if you go long maybe it is worth adding even if it is 100 cad a month.

Well, as I said before, and as I see the conversation is already drifting to Biden Kamala etc. I proceed to lock the thread. Thanks for your opinions.

No, not really. You didn't quote the last sentence, in which by the way I missed the "no" but I think it's clear from the context.


(I've added the "not" in bold)

So, if in the next 10 years what has happened in the last ten years happens, that gold rises just a little bit without counting inflation, but even loses if we count inflation, and bitcoin rises parabolically, it is more than feasible. You can find gold with $15T market cap and bitcoin with $85T maket cap perfectly well. The only thing is that the dollar will be worth much less in 10 years than it is now.

I'm glad you said that and thanks for stopping by the thread to say so. Sometimes in these threads people complain but then when they have the problem solved they don't come by to say so.

In any case, Lightlord should rethink how he handles payments:


Because in the end, it results in loss of customers/investors.

In principle, I don't see it as bad, although as has been said, there will be places where advertising can be seen, such as on the Internet, but a reduction of massive advertising is not bad.

I am in favor of the gaming sector, but well regulated to avoid abuses. And I am against many regulations, but in that sector without regulations there would tend to be many abuses. Young people are now able to gamble impulsively from their mobile phones at any time, and on anything. That is more likely to lead to addictions than when the only way to bet on sports was to go to a place far from your home to play a pool.

This is similar to the ban on the use of credit cards that was discussed in another thread. It seems to me that in both cases the spirit, the intentions, are good, but I believe that the impact will be more limited than the regulators expect.

Mainly to make money, although I wouldn't call it gamble.

I mainly play poker, and it gives me benefits. I have also sometimes played casino games, but since I understood the underlying mathematics I am thinking about the expected loss even if I win.

Let's say I play a casino game with -20% EV per roll. If I bet $10 and win, let's say $100, instead of rejoicing, what I think is that I'm $92 down on the expected value and that I'm going to pay for that in the future. Therefore, I don't play much.

Yes, but that is not the general rule. I for example used to invest in other things, and now only in Bitcoin. The bigwigs that are getting into Bitcoin are at least partially stopping investing in other assets and that is going into Bitcoin.


Yes, I have already realized that you are very clear that Bitcoin is going to end up being a currency. As of today it is not, and I am not so clear. By Greshan's law, as long as there are low value currencies, people will tend to keep the Bitcoin and spend fiat currencies or shitcoins. I discussed this once with mk4.

Then there is the theory that the Bitcoin will end up being everything, unit of account, store of value and currency, which I guess is your vision, but that is still to be seen.


For it to absorb market cap, there does not have to be a gold market crash. Simply that people stop buying gold as a safe haven and buy Bitcoin instead, simply if what has happened over the last 12 years continues to happen, the price of gold has risen little or not at all if we take into account inflation and the price and market cap of Bitcoin have risen by a huge amount, as I say, simply with that, the market cap of Bitcoin can reach 5.5 times that of gold. It is a progressive process by which a person who has a coin worth $100 does not have to sell it for $20.

Lol! It seems to me that the same thing is happening around the world.


No, actually I didn't say it was only exclusive to communist countries, but if you look at where hyperinflation has occurred, it is not usually in countries that practice strict austerity in public spending and have a small state. On the contrary, they are states that spend and spend and spend. Italy would be an example. Before joining the euro, it also removed 0s, and it was not strictly communist but it had a state and a much larger state public expenditure than Germany, for example.

I'm going to leave the thread open a bit longer and I will lock it, because it is already drifting into discussion about communism in general. If someone wants to, they can open another one.

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