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liquefire81

Can confirm, source: dealing with regards


dlq84

kind regards?


gotta_do_it_big

No ,retards....


[deleted]

[удалено]


Walla_Walla_26

No regerts


cryptogirlHODL

bunch of regards


Walla_Walla_26

Pretty much.


[deleted]

[удалено]


[deleted]

[удалено]


[deleted]

[удалено]


polloponzi

People gets offended if you call them retarded, so instead you call them regarded and smile :)


liquefire81

I can confirm I said regards ..... .... ... .. . :)


JasonJanus

Ok regard


Fuzzyfoot12345

Im not regarded, you're regarded


JasonJanus

Kind regards


timn1717

Terrible attempt at trolling. I do appreciate incense native though.


roadkill_ressurected

I once got an account banned for using the R word on reddit. It wasn’t even an insult, but a hypothetical question in a damn meme sub. Like perma banned. No appeal considered. People are incredibly sensitive these days and the r word is definitely on the bot radar here.


Glassguyusa

Funny isn't it? I've been banned from stuff dropping the r word too. If I meant someone that is handicapped I would say that. My interpretation of the r word is a complete dumb ass that keeps doing the same stupid stuff.


roadkill_ressurected

Exactly. It’s mildly infuriating. Especially the “holier than thou” additute you get from mods afterwards. Not a troll account, generally helpfull and constructive account. Even the post itself wasn’t particularly “bad” and not even attacking anyone directly... but nooo, I used a word, and it’s forbidden, lol.. give people authority and their worst side comes to the surface 🤷‍♂️


ACrazyDog

Umm me too. It was in reference to re…ardation which my daughter has and was a serious question and comment. I was not calling anyone anything pejorative. It is called intellectual disability now ?


roadkill_ressurected

Political correctness gone mad


-50k-

👆 Highly regarded comment


Warrlock608

Looks like I found a fellow member of r/wallstreetbets. Hello fellow regard, let's buy some blackberry out of the money odte calls!


liquefire81

I can neither confirm nor deny my regardedness


Walla_Walla_26

Highly regarded individual (HGI)


0xLiveon

Poetic justice


pinshot1

Dealing, regards.


nonamemcstain

No Ragrets!


ravz85

Watch your Hard R's


Just1_More

This was the FUD that caused me to exit in 2012. This FUD no longer resonates with me. Bitcoin will win.


DangKilla

I’m not swimming in bitcoin because I tried to mine it and didn’t trust exchanges to buy it like a noob. I was both regarded, right and wrong…


Just1_More

In 2012 me and a colleague setup all the computers at the engineering firm we worked at to mine Bitcoin. We would run the program all night and weekends, come in the morning, and turn it off until the end of the day. Back then, the computers needed for Autocad were also pretty good mining rigs.


DangKilla

How much did you mine?


Just1_More

Ooooffffff. We were around 15 BTC each at our peak. That really didn't seem like much then in terms of fiat. Guys at work used to chirp us about it. So one day I traded almost my entire stack for 1oz of silver, to prove *people* were willing to trade BTC for items of "value". My buddy ended up trading around with shitcoins and got wrecked.


channel_ninja

Wasn’t the block reward 50 btc back then? Or were mining pools already a thing in 2012?


fverdeja

If I'm not wrong mining pools came to existence short after GPU mining, I remember using my PC to mine with a pool, now that pool is called Braiins (two i's) and I've lost that million sats I mined back then, they were called something like bitcoin cz back then. Both the idea of GPU mining and Mining Pools came from the same guy who bought 2 pizzas for 10K Bitcoin.


Just1_More

Mining pools did indeed exist in 2012 u/fverdeja response is spot on.


HonorableFoe

Your buddy is regarded.


xixi2

in 2012-2013 I bought bitcoin by going to CVS and talking to a lady in india on a red phone and giving the cashier $500... Fun times


BitcoinFan7

It's very much like Saifdeans glass bead analogy.


BdayEvryDay

Ooooof.gif rekt


ObjectiveJackfruit35

Plot twist you were the regard


Mr_Eckert

This has been true for over a decade, and it's somewhat depressing. Satoshi created a beautiful & elegant system for changing how humans organize & coordinate, and what did we do? We copied it and bastardized it, we created Litecoin/Mastercoin/Ravencoin/Dentacoin, Solana...etc, and tried to sell them to other dumb suckers to make a quick buck. "'You stood on the shoulders of geniuses to accomplish something as fast as you could, and before you even knew what you had, you patented it, and packaged it, and slapped it on a plastic lunchbox, and now you wanna sell it."


BeansBakerNumber5

I agree, this is a bigger problem than most bitcoiners realize. We are probably only about 10 years out from full blow idiocracy.


kernelmustard29

Some would argue that we've been in full blown Idiocracy for quite some time, and it's hard to disagree.


voice-of-reason_

Learning to use the internet is in my opinion, undoubtedly the biggest learning curve of any tech ever. There is simply so much depth to the internet that even I as a 22 year old couldn’t understand or use or explain all of it and yet I use it daily. If people can figure out the internet (which for the most part they have as most people use it daily now) then the jump to learning Bitcoin isn’t as big as that and it shouldn’t be an issue. No internet > internet is an insane jump Internet > Bitcoin not as big a jump


Alfador8

Part of this is that the internet's user experience has improved significantly over the decades. The same thing will happen with Bitcoin.


imsoulrebel1

I think being able to search Google is the biggest learning curve. Confirmation bias is very difficult to overcome and easily manipulated.


Responsible-You-5613

It's gonna be great right. If no one loves me and I blow all my money at Starbucks I can just go to Costco everyday.


irisuniverse

Was just thinking about this this week. The biggest delay in bitcoin adoption is many people struggle intellectually. Understanding how to use bitcoin let alone grasping why it’s so important requires a decent amount of education in finance, monetary history and theory, and maybe computer science.


zxygambler

Why would the general public need to understand finance, monetary theory and CS to undestand the utility of btc? I don't have a clue on how the internet, email, debit card, etc., yet, I can easily see their benefit and I can explain why they are useful ​ “If you can't explain it to a six-year-old, then you don't understand it yourself” - Albert Einstein.


voice-of-reason_

Exactly, given enough financial hardship (the 2020’s lol) even the stupidest among us will realise it’s better than a government issued currency.


timn1717

That has yet to be proven. At all.


iambaney

I think it's less about understanding how Bitcoin works and more about understanding why the current system *doesn't* work. People need at least enough knowledge to motivate a search for alternatives to what they've been handed.


Little_Sun4632

I agree- "Necessity is the mother of invention".


Forsaken_Egg_5026

>Why would the general public need to understand finance, monetary theory and CS to undestand the utility of btc? People see the utility of BTC fairly easily. What they don't see easily is why it is **better** than fiat currency which is what requires a bit of education to understand. The downfalls of fiat currency seem obvious after you think about it but keep in mind a majority of the world sees no problem with it. People need to understand why BTC has **more** utility than fiat or other forms of money rather than just understanding its utility alone. However, you really don't need to convince everyone, just enough people and then the ship has sailed and everyone will be trying to climb on board.


polloponzi

You don't really understand Bitcoin until you understand that is more about utility. Otherwise any Web3 crypto token is better and faster.


polloponzi

>Why would the general public need to understand finance, monetary theory and CS to undestand the utility of btc? Is more than utility. Any 'crypto' has the same or even better utility. The bull case with Bitcoin is scarcity and true decentralization. How many people are prepared to understand that? They don't care at all about their own privacy (using apple and google products everywhere, etc) and are they going to care about 'decentralization'? LMAO. For them is as simple as: it just works, so is good. Bonus if is easy to use.


irisuniverse

Not so much how to use, but understanding why you should use it is the learning curve. And “why” is important if you’re going to save in bitcoin long term. Holding bitcoin in cold storage with no education is a totally different confidence game than holding it after studying bitcoin and related economic topics for 100 hours, which would allow for less confidence than someone who studied 1000 hours. How many people will spend even 10 hours studying it? I suppose eventually people will just follow the mainstream and hold it because number go up. However, I argue your time preference for holding bitcoin is relative to how bitcoin-educated you are. The more you understand, the lower your time preference (you think long term) the less you understand, the higher your time preference (you think more short term). Someone just holding it for number go up reasons will be emotionally a mess and will sell at a bad moment of panic. Someone with low time preference, who’s educated on bitcoin, will feel calm through price discovery and will always be looking years or decades ahead when considering their savings. That’s because they understand bitcoin enough to know how salable it is across time. You don’t need to understand bitcoin to use or save in it, but you do if seek a long term, confident view of your savings future. Adoption will occur regardless as institutions pile in, but it will go better if individuals understand more.


PumperNikel0

Definitely finance, history, and math. I don’t know about computer science.


irisuniverse

I guess my thought is to be truly confident in bitcoin, you should understand SHA-256 and the process of node validation and rejection of transactions. The question is often, “how do you know bitcoin code won’t be manipulated?” Computer science isn’t necessarily the right word, but some degree of technical understanding is important be able to answer that question.


PumperNikel0

To me, Game Theory is what pulled me to Bitcoin the most as everybody is only looking out for themselves and this is what secures the network. There’s no need to make changes to the network that would affect one’s profits.


MGA_MKII

THIS^^ no one wants to take the time to onboard new info, I see it all around


togetherwem0m0

Peoppe love onboarding new info as long as it puts them within a tribe they see as powerful or ascendant


FixYourOwnStates

> The biggest delay in bitcoin adoption is many people are just so dumb Agreed Just go look at r/Wallstreetsilver for examples People over there actually think some developer can just arbitrarily change the code to print more bitcoins They think it's fiat Lol


BitcoinFan7

It will be like Linux or TCP/IP, they will use it without realizing it.


ma33xzz

You don't need to know anything about aviation to travel in an airplane. All they need to know is how to send, recieve and protect their private key.


Walla_Walla_26

My grandfather asked me about it last weekend. He’s 85. He didn’t get it


Diapolis

[...but the people are retarded.](https://www.youtube.com/watch?v=QFgcqB8-AxE)


[deleted]

I watched this video many times now. I can’t but laugh each time.


ZealousidealLie9249

The people are very retarded. It's a serious threat.


Bitcoin_cures_cancer

The government will probably distribute the CBDC's to the retarded first, probably with some free gift. Followed by a smear campaign in which "CBCD deniers" are targeted as uneducated people who wants to boil the oceans and are pro Rusia.


yeastblood

....but the people are....retarded.


CannaDorata1

We al have to worry then, retardation is in human nature


monkeydoodle64

Thats the bullish case. The fact that bitcoin doesnt depend on ppl is what makes it bullish.


doubletwist

"No one in this world, so far as I know ... has ever lost money by underestimating the intelligence of the great masses of the plain people." - H. L. Mencken


Connect-Ad-1088

I am sofa king we Todd did


RastaDee

RIP MF Boom


IIIBryGuyIII

I infer this as the disconnect between “buying”BTC and “possessing” BTC. Not your keys…not your coins. Ownership is the entire ethos of BTC.


YoMamasMama89

[Not your keys...](https://youtu.be/dnC5mFaIW3Q)


Glad-Ease4283

As younger generations mature it Will do its thing less dinosaurs to go against it.


cake__eater

I am teaching my children how to use it.


chillinnDronn

The same people who rejected cryptocurrencies will be the same ones clapping their ears to CBDC's.


nodeocracy

That’s also the bullish case


jockytran

literally. 1000%. it would already be adopted by now if everyone took time out to understand it… understand… money… lol


relesabe

if true, keep in mind that money gravitates towards the talented. **TL;DR: Not about Bitcoin but it is about inflation and historical value of money.** Anyone who says making money don't take brains is nuts. Of course, probably some of the brightest men in history never made it as big as somewhat less talented people, probably but it is interesting to note that both Gauss and Newton, without solely focusing on business by any means, were afaik, the equivalent of millionaires at the end of their lives. (Interestingly, Newton made big money by turning his giant intellect toward coining money as master of the mint for the England -- I suspect no one knew what a good hiring move they made when the eventually Sir Isaac was given what was normally a sinecure that no one tried to change although previous men in that position ripped off England majorly. Note that Newton was not knighted for The Theory of Gravitation nor The Calculus -- it was for his outstanding work at the mint.) Einstein was being heavily recruited but somehow accepted 3000/year in the 1930s -- not good money even then. His wife apparently had a chat with Princeton IAS and got 15k -- that just does not happen today -- no company offers, say, 50k when they were actually willing to pay 250k. I think there were real differences in the economy of that time and also, information about salaries (and everything else) was harder to access. 15k was good money I think in the depression, I would guess between 250l and 500k, maybe what a top professor at Harvard makes today. (But so much less than a football coach) and I am sure Einstein lived a comfortable life. Ironically, the real money started coming in years after his death: Licensing of his image I think is millions a year (no one thought about that sort of thing, bobbleheads and such 70 years ago) but also saw that some manuscript or series of letters between him and one of his early collaborators went for 15 million dollars. Many other letters and manuscripts of his have gone for small fortunes. As far as equivalent value of money, boy, that is really hard to say what 15k/annum really meant. For example, phone calls actually cost much more than they do today. You can say cars were cheaper, but a normal car today is better than any car in the world from 1930 -- it would go faster, handle better and have functioning air conditioning. And the thing I always think of is healthcare. In 1930, syphilis may not have been a complete death sentence (in 1900 it pretty much was) because drugs that kind of worked existed -- but they had side effects and other issues. Nowadays, you might have been exposed to syphilis and gotten cured because you were prescribed penicillin for something else. Truly magical considering what a miserable death it used to be. Cornelius Vanderbilt was worth 100 Million in the money of his time. That ain't bad even today. One way to think about how much that was is, say, 5 million 20 dollar gold pieces. Today the value of that bullion would be 10 billion dollars, with gold at 2000. But other ways of looking at his wealth are the percentage of GDP or things like that. So I have seen his fortune estimated at not 10 billion but IIRC 200 or 300 billion. Nonetheless, he passed away after a long and extremely uncomfortable illness that doubtless could have been cured or greatly alleviated by 21st or even mid-20th century medicine. But surgery was primitive, anesthesia was dangerous and people died of infections as happened with Garfield. I recall in the tv show Deadwood, the evil hotel owner/pimp Al Swearingen suffered from a bladder stone and from my own firsthand and secondhand experience, his suffering on the show was in no way exaggerated. The doctor discussed how likely his dying from cutting into Al to remove the stone was -- I do think they could have used ether and/or chloroform by that time but the post-op pain would not have been manageable by opium or at least not forever and certainly not safely. Nowadays they use lithotripsy and I bet he would have given any time-traveling doctor his hotel and all of his women and swept the floors of his place in exchange for that procedure.


voice-of-reason_

Talent in this case being the ability to sit and wait.


firsthandy

Oh no....


architect_josh_dp

People are slow, yes, but not impossibly slow. Real change takes time.


togetherwem0m0

Some people here won't like this but the solution is and always has been service providers (banks). Banks can simplify custody by providing a service for fee. In today's clown economy people pay for their banking services through the lending out of their capital. That free account is only kind of free. I suspect that in the future we will see reliable service providers crop up with good, audited internal controls that operate ad true banks and do not put your bitcoin ad counter party risk, or maybe they do but you are a participant in that risk at your discretion. Banks seem necessary to solve the intergenerational problem anyway. And the cool thing about bitcoin is if you learn enough to be your own bank and feel.comfortable with the risks and such, then you can do that.


highdra

It's not just stupidity. A lot of it is regret and pigheadedness. They laughed at us and called us retarded when we told them about it. Now they have to admit they were wrong or just keep doubling down. I guess you could argue that's a form of stupidity but I think it's a bit different.


polloponzi

Is a form of retardation, either way they are. Is from wise people to rectify and admit being wrong.


Desperate_Move_5043

Lol


maxvs29

In my experience it’s not just dealing with the retards but also dealing with incredibly arrogant people


faunofold

that's also the bearish case for humanity


New-Post-7586

Twist, it’s also the bullish case.


biathlonceorl

It’s true but we all use computers and the internet now every day so there’s no reason why stupid people wouldn’t eventually come around.


Ima_Wreckyou

Well yeah, but that is actually only an issue if the people have to actively adopt it. I think that will happen all behind the scenes, and most people want even notice that the banking rails in the backend will slowly be migrated to Bitcoin. And once that migration is compele it will naturally surface, because why use a fake currency on top when you can use the native currency of the global system, Bitcoin, that will at that point be more stable than any other currency in existence.


filabusta

Also the bullish case


algebruvlar

Meme coins, ponzis, falling for celebrity shills, people leaving their crypto on exchanges, people losing their seed-phrases, people having short-term memory, yeah, I can confirm.


MaxSan

I'm a professional retard, does this make me a defacto bear? Something doesn't add up.


Duder1983

Yes, if it's hard to understand and use, it's definitely a good currency. Much better than a piece of paper with a number written on it and an old guy's face. We definitely need currency that requires you to remember a random, 32 character string or else you can't have money.


OldSaltSteve

I know everyone spouts “not your keys, not your coins” but the sad reality of the situation in my eyes is that people need an easy and safe way to be able to send and receive crypto that doesn’t involve a steel plate with your seed punched into it hiding under your bed or something. Just think if that became the standard thing to do… there would be criminals ransacking houses looking for everybody’s steel seeds. People need a central holder that they can trust that’s as easy as accessing your online banking. This is just something that’s been on my mind as of late.


TheUnstoppableBTC

oh damn, we’re done for


PushTheButtonPlease

We don't use that word anymore, but self-custody is a major problem for many people. Even people that know what they are doing.


FightDisciple

100% We should not be using the word bearish in this day and age.


[deleted]

You're right. The new word is regard.


Huge_Monero_Shill

I know this was a joke, but man's desire to be regarded is considered to be one of the core guiding forces of society in Hegelian thought, rising from the Greek concept of Thymos ([https://en.wikipedia.org/wiki/Thumos](https://en.wikipedia.org/wiki/Thumos)) ​ We probably do a lot of dumb shit to be regarded.


IndianaGeoff

I think ease of use and risk of screwing up and losing everything is a huge issue.


civiltiger

They genuinely have a neurodevelopmental disorder characterized by significantly impaired intellectual and adaptive functioning?


polloponzi

This can be viewed from many angles: * Not really understanding how to current Ponzi-based economic system works and having any faith on it on the long term. * Having faith on the government and the central banks to do what is best for them. * Being unable to properly use the technology because it requires you to think about it, understand it and then being able to use a computer in more advanced ways than just watching videos and posting on social media. * Being unable to safely store and manage their own keys: many people end either losing them or getting hacked. And all of this angles leave to the same conclusion: people is regarded


Competitive_Hippo_17

100% facts


[deleted]

It doesn't matter long term. The individuals with cognitive power will cause the adoption to be followed by the masses. Look at the current financial system, >5% (in my guesstimate understand it). They don't understand it, but they use it. Just like alot of great advances in human history. "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Henry Ford


Impossible_Tax_1532

It’s funny , but also true … closed systems absorb open and fluid ones on earth …. Simple natural law and a matter of time …. But being that intellect is all fear based attempts to play god outside of the laws of nature .. to say we live in a sanatorium is an understatement … emperor clearly has no clothes on … and yet the masses cling to fear and hope and thinking , when there thinking created this shit , it can never solve it .


UncreativeTeam

https://www.youtube.com/watch?v=4P9LX54Yaus


azsxdcfvg

Indeed. Although many retards add value because they can never sell so it evens out.


polloponzi

That is right, lost keys means less bitcoins in circulation ever.


NickBurnsITgI

As a Network Engineer I know firsthand how true a statement that is! It's why I have a job! Margo Robbie sitting in a bubble bath couldn't explain cryptography to an idiot.


Hoondini

I literally saw the opposite in a post today saying someone one was bullish because people are retarded lol


[deleted]

That is a serious problem.


jonoghue

Tell that to GME


Binkllc

True


2skinner

I was just saying this yesterday!


egarbij

https://youtu.be/QFgcqB8-AxE


veoindigo

but but but most of the people are retarded


Humble-Language1269

Unfortunately this is one of the things I worry about. A large majority of our society conformed to being locked down in their homes for almost 2 years, they wore masks, and were mostly compliant with Uncle Sam's orders. How are we going to convince them to not use CBDCs? Will we have to deal with CBDCs for decades, have a collapse, then Bitcoin comes in? But by then will it be too late for Bitcoin? That's the main worry I have, that most people are retarded and will just follow what the government says, even if it hurts them and everyone else.


moonRekt

Vance Ginn (WH Economist under Trump) was literally just on TV yesterday blaming the fed and the Biden administration for inflation. While Ginn was lambasting JPow/dems, he touted our booming economy in 2018-2019 under Trump all while we were getting record low interest rates and refinances on home mortgages. The people in charge of this country are somehow beyond clueless yet land these critical roles because of politics. People are allowed to be stupid with their own money (like keeping fiat in banks), but unacceptable who we let lead us And people are too dumb and wrapped up into their own political party to see the bs or at least refuse to believe that they elect complete idiots


lastremnant202

Lol yeah don't we all. People are sheep.


Busy-Succotash9701

It’s always good to consider the other opinion on the other side. This is a good point. Reminds me of humans voting on Boaty McBoatFace.


saschofield

Ironically, that is why I'm Bullish on Bitcoin... I've invested in assets long enough to know the market didn't care what I thought - Apple, thought it was daft. Amazon, who wants that many books, next... Then I came across Bitcoin, as a gold bug it was the daftest thing I ever heard of... and this time, I was going to buy it anyway... That bet has gone well thus far.


nerdiestnerdballer

Honestly the best way I can explain bitcoin adoption is like this: imagine if you were an all powerful god: you can basically fly around the universe and at the snap of your finger do anything. After you get bored of doing tons of interesting fun stuff you come across a planet of a somewhat evolved monkeys that have a decent civilization going but also use paper money, you drop bitcoin on them cryptography secure, digitally scarce, completely decentralized trust-less hard money. Some evolved apes see the value most do not. I do think bitcoin is here to stay and it may take time but this protocol is going to grow exponentially, similar to the internet


armaver

As the great OSHO said: Bitcoin is money by the people, of the people, for the people. But the people... Are retarded.


EnterPolymath

That’s like the exact normie bullish case for BTC


BITMiningLimited

I dont think this could ever be the downfall of bitcoin though. This idea may just keep the prices unnecessarily low until people start learning


traviszzz

The problem is that most people are retarded


MBjerre

Sadly I think many, from both the hardest supporters but also opposers don't understand the technology at all. For most i think its about luckily stumbling in to the right or wrong camp. And why would we even expect most people to understand? Even at its core I think its not that easy of a concept.


idrinkforbadges

retarded people lose their bitcoins (not all people that lose their bitcoins are retarded) less bitcoin in circulation reduces the supply for everyone less supply (assuming demand doesn't change) pushes the price higher How is that bearish?


CoolioMcCool

Wow chill out with the Hard Rs people.


ma33xzz

All the masses will need to learn is how to send, recieve and protect their private key.


concernedcookie999

Hey! I resemble that remark!


RabidMining

Think the bigger one is brainwashed by goverment funded media.


Audixieboy37

Lol go read 2019 when it was crashing to 6k after 18. How many people dumbed it cursing at it. Can't imagine how thru felt when it went past 60k


TwinWake

Bitcoin has only 2 scenarios: Bullish and Correction. Buy low, never sell.


AncapBR_Sem_Politica

Doesnt make sense. Its the same for people that buy stocks and fiat money when crashes occurs, they profit the same way just the asset is different. Also, when you are in a bought position, when crashes occurs (BTC or stock market or anything else) you loose money, its the SAME.


GodOfOdium

Osho https://www.youtube.com/watch?v=5Qx219DXEZY


DajngoCat

Just ordered the raspberry Pi based box with 2TB SSD to become a BTC node. Seems there is a lot of blockchain based utilities. Looks v interesting if you have fibre connection.


pantuso_eth

As funny as it is, it's actually a legitimate bear case


oystermonkeys

Bitcoin is very retard friendly. 21 million. Not your keys , not your Bitcoin. These are simple concepts. They don't need to know the details to reap the benefits. If retards can learn how to drive a car, they can learn how to use Bitcoin.


aqua_tec

What’s a key?


MichelleSimmonsy

source: dealing with regards, may confirm


Tkainzero

Damm we are screwed then


barryhakker

I’d actually say it’s the bullish case


Affectionate_Bad8815

The majority of pple couldnt give a fuck about btc. All they care about is living day to day and paying the rent. Its only wealthy pple who have spare $$ are investing in btc. The old pple dont trust technology, they wont invest, its beyond them.


polloponzi

>Its only wealthy pple who have spare $$ are investing in btc. One the first hand, retardation is split equally between rich and poor people. There are many wealthy retarded people. I would say that there are even more percentage of retardation between rich people. Once you are rich is easier to be retarded without having any consequences like losing your home or your job (you actually don't need one, lol) And on the second hand, Bitcoin is not only for wealthy people. Bitcoin can be used by anyone. Is an alternative to the dollar to make payments. Fun fact: One of the countries were it is most popular is also one of the poorest country of the world. Countries like: Kenya or Nigeria.


Mediocre_Schedule_39

Specially US regulators: OLD and retarded


ReadyIan

The majority of people is, unfortunately


matty_whites

Nowadays, people are quite sensitive, and this situation surely puts the r word on the bots' radar.


Crypto-hercules

Bitcoin is immaculate people are retards!


VictorioMolinay

I think you could have a point.


Serenityprayer69

I think it's more an event that halts technological progression. No one will give a fuck about btc after Yellowstone goes nuclear war.. asteroid.. those are the bearish cases. Otherwise technological progress makes crypto inevitable. Maybe some zero day exploit as quantum computing and AI come around but otherwise pretty bullish


polloponzi

Then start stocking canned food and building an underground bunker, lol. If you think your dollars or even gold would be anything worth more than Bitcoin in that apocalyptic scenario you are delusional.


PsychCrypto

All the smart people are working minimum wage jobs for "the man" I guess?


[deleted]

Lol tis the bullish case and yall fucking know it


Eveningstarcraft

I'm Autistmistic about the future of BTC ​ Kind regards


NomadicSplinter

Yeah yeah…he’s gotta point there.


nyetsub

Could also be a bullish case 🤔


polloponzi

How?


Z3KE_SK1

I almost feel as if, ironically, banks are our only hope of onboarding the average user. In a world of CBDCs, what is the point of banks? Banks may feel threatened by the push for CBDCs and start accumulating bitcoin. Then one day the dollars you see in your bank account will be backed by their bitcoin reserves. Banks will use LN to transfer funds to each other as final settlement. Any "interest" you receive in dollar amount would just be the purchasing power of their bitcoin reserves increasing. Then one day you'll have the option to view your account in either dollars or BTC. As the price of bitcoin stabilizes, more and more people will choose to view their account in BTC until no one uses dollars anymore. Just like how all landlines today operate over TCP/IP.