|
181
|
Economy / Speculation / Re: Ethical implications of the use of Bitcoin
|
on: March 09, 2024, 12:17:50 AM
|
I'm wondering if the OP is asking about the ethics of Bitcoin in a negative sense?
There have been a few posts claiming that Bitcoin isnt fair because its so expensive
now and the price is being driven up, and a lot of people got Bitcoin in the early days
for next to nothing, they make these points as if it is unethical.
I've seen claims that Satoshi's Bitcoin should be re-distributed, almost that it is
unethical that they are just locked away. There are a lot of ethical discussions and some
ideas are not ethical at all but some people think they are.
I'm sorry but I don't see anything unethical about being informed enough to find out about Bitcoin early, being smart enough to acquire it early, and being strong and smart enough to patiently hold during the ups and downs while weaker people panicked and sold. If anything is unethical it's wanting to re-distribute other people's Bitcoins. |
|
|
|
|
182
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: March 08, 2024, 06:51:11 PM
|
OT: anybody in favor of Sub-Zero fridge? The darned thing is $13.8K around here, lol.
My better half is following btc chart now and it makes her "excite", as Borat would say.
To me, any fridge is a good fridge....
I've worked on a few houses with people that had one. Yeah, they look impressive enough but to me, a fridge is a fridge. I'd rather spend it on a car or keep it in BTC haha. But you know the saying... happy wife, happy life :p Fridge? Car? They're both just machines. I find it amusing that some people actually get personally attached to machines. |
|
|
|
|
184
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: March 08, 2024, 05:19:12 PM
|
Good morning Bitcoinland. A lovely ATH. Slow coming though. Had to wait 3 whole days since the last one. Of course we got the standard long squeeze and fiat-taking. No problem. Going back up. As we surge up through the $7xxxx range will retail fomo finally start to kick in? Love the updated format with historical dates. Let's see how fast we make this chart obsolete. |
|
|
|
|
186
|
Economy / Speculation / Re: Ethical implications of the use of Bitcoin
|
on: March 08, 2024, 04:53:37 AM
|
Speculate on this topic. Let's gather the knowledge of the legends here.
The most important ethical implication of Bitcoin ownership is decentralization, followed by pseudonymity. Breaking the centralized stranglehold of banks, governments and other corporations on money is the greatest benefit of Bitcoin. There is no freedom without anonymity and while Bitcoin is not totally anonymous, its pseudonymity is a step in the right direction. There is nothing ethical about banks, governments, churches and other corporations. They are based on greed. |
|
|
|
|
189
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: March 07, 2024, 05:12:05 PM
|
Mango says here I am in the kitchen!  Some monster over clipped his wings, and so he can't fly.  We adopted him as a rescue bird. He does have full run of the house though, no cages for this guy.  Well we do have one, but the door is always open, and he has a little nest on top that he usually hangs out in. Is he house broken? |
|
|
|
|
192
|
Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
|
on: March 06, 2024, 01:08:43 AM
|
|
We finished Tuesday (UTC) well over where we started Monday... one day up, one day down but basically up.
I can't believe how many crybabies seem to think it was some horrible big dip. It was just a little short-term long squeeze. No big deal.
The ETF boys are not going to stop accumulating bitcoins just because some fools prefer fiat currencies or like gambling with leverage.
More ATHs please.
|
|
|
|
|
Show Posts
