Nicholas Detsis
11 posts


@NicholasD1390 @WatcherGuru Don’t be upset with me.
Hope the best for you
🤝
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@AustrianEcon201 @WatcherGuru We've got way bigger problems if the internet fails, this is a ridiculous fear. Regardless, bitcoin's blockchain would survive. Anyway, you asked why anyone would own bitcoin and you dont like the answer. Noone is asking for/ needs your help, or cares if you want to buy it.
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Decentralized just means it can run from anywhere. I know the meaning. You lose internet/satellite coms then Bitcoin is worth Zero. Thats a single risk factor people don’t even realize.
It’s the Achilles heel in your decentralized argument.
Ive tried to explain and help save you money
I’ll try once more;
No use case! No intrinsic value!
Runs off Buy/Sell orders only
Internet goes out? It’s Light Out for everyone holding and you won’t even get a $1.00 for your digital coin
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@AustrianEcon201 @WatcherGuru Thats just consensus though, most gold is either jewelry or bars in a vault. It has some industrial use for sure, but its mainly valuable because we all agree that it is.
Youre misunderstanding what decentralized means, your points about that are non-sequitur.
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Decentralized as in FBI can raid your wallet due to criminal connections? Doesn’t sound decentralized to me
Plus stable coins created by the banks are technically decentralized in those terms.
See that late part you are wrong. Just be patient and hear me out.
First and foremost im some Gold Head, I own Zero Bitcoin and very little physical Gold
Gold can do a lot of things:
1.) Jewelry
2.) Fake teeth are still made of Gold (full cast crowns)
3.) AU is used in Aerospace and Technology daily. In many ways!
4.) its also a finish on many industrialized items
Look it up. 🫡
I promise.
Im here to help
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@AustrianEcon201 @WatcherGuru What about it being a decentralized blockchain that operates independently from central banks (money printers)? Value is an abstract thing. Golds value doesnt come from the fact that its a physical object, it comes from scarcity and consensus. Bitcoin is the same idea.
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@NicholasD1390 @WatcherGuru Don’t know what to tell you
Buy/Sell orders
Runs off supply/demand
- no business behind it
- no use case now that all banks have/make their own stable coins
- its not physical (if it was physical then it would have a little value if made of AU or other metals)
🤷♂️
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@AustrianEcon201 @WatcherGuru If thats all you learned from your research, youre either not smart enough, or youre engaging the topic in bad faith.
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@NicholasD1390 @WatcherGuru I did! It all comes back the same.
There is no worth. Only runs off buy/sell orders.
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@AustrianEcon201 @WatcherGuru So many people asking these same exact surface level dumbass questions. Just do some basic research, ask grok, fuckin Google it. Bitcoin is not complicated.
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@WatcherGuru Why would anyone own bitcoin? Or any digital coin
Im so lost… whats the use case/intrinsic value?
I’m truly asking 💭
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@bitcoinlfgo Why would anyone need a bitcoin bank ffs. You've lost the plot
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@saylor Yeah I think me and my members will stick to profiting consistently trading gold 👀
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@PamKeithFL You are not entitled to an explanation, what is this bullshit?
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@DogginTrump Remember not to associate your liberal friends with these libtard psychos. Normal people aren't like that.
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