DooMAD
Legendary
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Activity: 3934
Merit: 3189
Leave no FUD unchallenged
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December 18, 2017, 11:28:12 AM |
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It's understandable why Jordan Belfort, of all people, wouldn't "get it". All he knows is buying and selling assets for profit. He's a speculator and he sees a huge number of people speculating. So yeah, he's calling it as he sees it. But what he sees is only the glaringly obvious part. Yes, there are lots of speculators. And yes, many of them probably can and will get burned. So in the limited context of what he can see, he's actually quite right. But it's still missing the point.
And that's trustless accountability, permissionless freedom, unprecedented transparency, a hedge against the fiat debt-vortex and unbridled inflation, better security and (depending on how disciplined you are) no reliance on middlemen taking a cut (but we're probably all still a little weak in that regard and hand money over to exchanges, it's a work-in-progess). Plus a dozen or more other advantages if you delve deep enough down the rabbit hole. None of which has anything to do with selling Bitcoin for a quick buck.
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