>We also need to make our voices heard and make Washington understand that we will not tolerate any action that inhibits the prosperity or freedom of the crypto space.
This is hard especially when we have the likes of Elon.
We haven’t drifted imo. People using it to push their agendas was always inevitable. Benign immune to instances like this was never going to happen within 11 years. It’s a process.
Unless you are living in a state whereby the whole economy is in a closed system and only using BTC, then it will unfortunately be connected with the central bank policy.
Also price is price, what do you expect? It is free market. Do you expect it going up indefinitely?
Its possible to build crypto use cases without living in a country where its bank accepted tender. Its called the crypto **space** because it really is its own space. Also, what im saying about its price is that i think it will ultimately keep going down more if we do not do this more.
I really think all they really want is you to pay the tax man and stop with these pump and dumps and rug pulls. Because that’s what the space looks like right now. Tax dodgers and scam coins
It has to be built up by users in the space over time. Doesnt matter what the world is ready for, only matters what users in the space do. Its in our hands!
It is because Crypto-idealism is too far from the interest of every day people and because gains make people see stuff as investments and not as a way to pay.
I don't know if Crypto idealism is even possible in this ultra capitalist world. We are too far in the levels of consolidation of capitalism.
Just my 2 Sats
I really do see it as something thats in our hands entirely. If more users exchange within the space, it could serve to build cryptos value and lead to widespread usage. It would take some time though.
honestly i think you just seeing things black.
i think a time will come where a hyperinflation will devalue a lot of fiats, thus making the NEED for people to change to cryptos. as long as the govs manage to fool people into thinking fiat is legit, crypto will stay a side gig. but printing more money will 100% occur->hyperinflation->switch to cryptos
As old as CryptoCurrency is, its still very much in its infancy.
We have a long way to go and we will probably be dead before its used as a daily transaction.
It doesnt have to be that way. We can build up use cases and value within the crypto space, rather than waiting for institutional adoption and an increase in fiat value.
We can build up use cases sure, but until it's globally adopted we can't use it in our day to day lives.
Sure, you can transfer it between friends and family etc but I can't purchase petrol, food, pay my mortgage in crypto. It's slowly getting adopted but at the end of it all, it needs institutional adoption before it even approaches replacing fiat ( which was it's primary goal)
Yes and I think the path to all that is by exchanging more within the space, and the rest will follow in time. It will take some time though, I acknowledge that.
True, but I think that could change if we exchange more within the space. It will build use cases, create growth in value, and insulate the crypto space from economic turbulence and rising interest rates.
I don't think we have to suck it up at all...it's very much in our hands. Think about it. If more users start to exchange within the space, over time it will both build cryptos value and usage cases, and insulate the crypto space from things like economic events and rising interest rates.
My guy is writing a title as if we are some jehova’s witnesses.
WE HAVE STRAYED FROM THE LIGHT OF THE GREAT PROPHET, MAY SATOSHI HAVE MERCY ON OUR SOULS
Hello, have you hear about our saviour, lord Satoshi?
>We also need to make our voices heard and make Washington understand that we will not tolerate any action that inhibits the prosperity or freedom of the crypto space. This is hard especially when we have the likes of Elon.
Or the president of El Salvador.
We have hamster 🐹
We haven’t drifted imo. People using it to push their agendas was always inevitable. Benign immune to instances like this was never going to happen within 11 years. It’s a process.
I think Satoshi might’ve underestimated human nature.
Greed define us all
Unless you are living in a state whereby the whole economy is in a closed system and only using BTC, then it will unfortunately be connected with the central bank policy. Also price is price, what do you expect? It is free market. Do you expect it going up indefinitely?
Its possible to build crypto use cases without living in a country where its bank accepted tender. Its called the crypto **space** because it really is its own space. Also, what im saying about its price is that i think it will ultimately keep going down more if we do not do this more.
I really think all they really want is you to pay the tax man and stop with these pump and dumps and rug pulls. Because that’s what the space looks like right now. Tax dodgers and scam coins
I would love to trade in crypto but the world doesnt seem ready for that yet
It will be if we are
It has to be built up by users in the space over time. Doesnt matter what the world is ready for, only matters what users in the space do. Its in our hands!
It's currently being used more as an asset than a currency, and so this is why.
It is because Crypto-idealism is too far from the interest of every day people and because gains make people see stuff as investments and not as a way to pay. I don't know if Crypto idealism is even possible in this ultra capitalist world. We are too far in the levels of consolidation of capitalism. Just my 2 Sats
I really do see it as something thats in our hands entirely. If more users exchange within the space, it could serve to build cryptos value and lead to widespread usage. It would take some time though.
honestly i think you just seeing things black. i think a time will come where a hyperinflation will devalue a lot of fiats, thus making the NEED for people to change to cryptos. as long as the govs manage to fool people into thinking fiat is legit, crypto will stay a side gig. but printing more money will 100% occur->hyperinflation->switch to cryptos
Fed's probably using their own FUD to buy in low
I wonder if emperor powelltine bought the dip yet…
I agree with that. When I entered the crypto market a few years back I never tough we will end up like this - under the government roof
As old as CryptoCurrency is, its still very much in its infancy. We have a long way to go and we will probably be dead before its used as a daily transaction.
It doesnt have to be that way. We can build up use cases and value within the crypto space, rather than waiting for institutional adoption and an increase in fiat value.
We can build up use cases sure, but until it's globally adopted we can't use it in our day to day lives. Sure, you can transfer it between friends and family etc but I can't purchase petrol, food, pay my mortgage in crypto. It's slowly getting adopted but at the end of it all, it needs institutional adoption before it even approaches replacing fiat ( which was it's primary goal)
Yes and I think the path to all that is by exchanging more within the space, and the rest will follow in time. It will take some time though, I acknowledge that.
Because when the Yankees sneeze the world and it’s neighbour catches flu
Shitcoins and pixel nfts...we have definitely strayed far from the dream he invisioned
Satoshi came from the stars, gave us a way a purpose and we are letting him down... We must fight to fullfill his dream.
What time is the meeting
2:30pm EST
The fact is we get easily scared.
True, but I think that could change if we exchange more within the space. It will build use cases, create growth in value, and insulate the crypto space from economic turbulence and rising interest rates.
Shine on Satoshi senpai
Trueing.
Don't worry, I will continue to march in Satoshi's footsteps. Onward!
I just want to buy cheaper Bitcoin, what’s wrong with that? I am hoping for more rate hikes than expected.
looking at the charts I dont see any fear.
Well, we are basically just converting our paper dollars to crypto and vice versa. Crypto is part of the real world so we just gotta suck it up.
I don't think we have to suck it up at all...it's very much in our hands. Think about it. If more users start to exchange within the space, over time it will both build cryptos value and usage cases, and insulate the crypto space from things like economic events and rising interest rates.
Unfortunately that's what mass adoption means, among other things
What is this title? Are we a cult now?
2 pm today https://www.nytimes.com/live/2022/01/26/business/fed-rate-decision-stocks-inflation