But I love how you twist your logic in order to always oppose what you don't like.
On one topic you're saying every single person in the world is ditching their dying currency to invest in BTC to avoid inflation,
I believe this is the topic you are referring to and I don't see usage of the word "ditch", abandon or anything like that. This is a term you used in your opening post not me! I even use the "part of their purchase power" which is clear there is no "ditching fiat" involved!
When you buy BTC for your fiat you ditch your fiat, that is what happens when you buy any other foreign currency.
When you buy $ with your euro savings you abandon your euros and your trust in it because you think the $ is stronger, same with bitcoin, you don't invest your fiat in
BTC unless you believe your fiat equivalent will be worthless, so, you ditch it for
BTC.
Be it your life savings or 5$ or the stimulus check, it's still the same.
At this point, I'm convinced you are intentionally trying to not-understand my posts at all and just blindly disagree
You're mistaken deeply on this one.
With people like franky1 who are obsessed with being right I simply point out their mistakes and that's done, I don't spend more than two replies with him since I know he can't argue with, with people fixed on one idea I do the same.
But you, you're really interesting because you twist facts not to just be right but at the same time to have your feet in two boats with another one in the middle and try to find an equilibrium.
I just love how your hate for fiat ends when your love for some country starts and despite that fiat being garbage suddenly
BTC in that situation is no longer something effective. But at the same time if we change the storyline a bit, suddenly
BTC is effective in the said country in order to avoid sanctions put in place by the countries you hate.
So, rather than disagreeing with you, as if you look closer to my last posts from our "confrontation" I never actually expressed my point of view, all I've done is try, maybe in vain, on analyzing your twisted logic, and it's quite a challenge but also pretty funny and entertaining.
- All 150 million Russians (or whatever subcategory of Russians you choose like the sex workers) aren't ditching their fiat to buy bitcoin, no matter how much you insist. You are delusional if you think otherwise. It is also clear from bitcoin's lack of price rise.
- A certain number of Russians (I don't know what percentage) are looking to invest part of the fiat currency that has declined in value to keep their purchase power. Exactly as I explained in that other topic. That doesn't mean they are ditching fiat.
vs
As someone who has lived through a couple of these let me tell you that people do invest to keep their purchasing power. In fact many of them go on an investment spree even if they go hungry. I can show you pictures of long queues of people standing in line in 2018-2019 to buy gold coins because the government had just printed a ton of fiat and it was losing value.
Americans ditching the dollar for BTC! Good for bitcoin, something any sane person will do!
Russians ditching the ruble for BTC! This is irrational fear and manipulation!
Isn't this (the opposite) exactly what you said?
No, it's a mirror, but it's a special one, it only works for you!