In a little more than 10 years, Bitcoin has become a ubiquitous part of everyday life, and the community around Bitcoin (and other cryptocurrencies) has grow...
Years ago I bought bitcoin and then ethereum when I was a libertarian Joe Rogan fan, at the time I was just interested so I could buy drugs on the internet (would never think of breaking the law today) now it’s worth enough to buy a house.
Ever wonder why the right wing (mostly white guys, the people who have always had the money and power) are getting rich for doing nothing and the left just shits on each other for thinking about buying crypto?
When my daughter was born four years ago I started a crypto savings account for her because our bank’s savings account only pays 0.01% interest. Now that account is worth 10x what it was back then and maybe by the time shes 18 it really will be worth something. It’s really annoying to hear leftists shit on saving money because I’m “destroying the planet” somehow, just spouting the same talking points as Jamie Dimon… 🤔
It’s really annoying to hear leftists shit on saving money because I’m “destroying the planet” somehow, just spouting the same talking points as Jamie Dimon…
On one hand the amount you are buying is literally irrelevant, you are not a billionaire or millionaire so 0.25 of a bitcoin is a meaningless amount when it comes to issues of power use and the environment.
On the other hand you can't pretend bitcoin isn't shit. It is like saying there is no ethical consumption under capitalism THEREFORE I should be able to fly around in a private jet everywhere 5 times a week because I won a lotery.
At some point your personal choices do actually matter.
If you were someone buying thousands of bitcoin per month/year then I'd definitely say you are part of the problem no matter what ideology you claim to support.
When it comes to your crypto saving account what I'd say is that you are incredibly optimistic if you think that account will have anything of value 14 years from now(2035), all I can say is be careful with those expectations lol.
It’s really annoying to hear leftists shit on saving money
Bruh.
You invested money in the hundreds of dollars and you'll retrieve money in the tens of thousands of dollars. Where do you think the difference comes from?
Yeah, it can be annoying when people are right, especially when it's at the expense of your investments and savings strategies. But hey, that's why material concerns triumph ideology, and why these kind of financial bubbles arise and pop even though we've seen it happen hundreds of times. Feel free to keep gambling on crypto though, I can't think of a better way to spend your time and money in this system. But buying crypto does not seem to be a feasible method of praxis, which is why I don't see the point of discussing it as political strategy. And if it is to become a political strategy then we sure as shit shouldn't be discussing it on forums filled with the fbi. To my understanding of economics and theory, crypto is not a lever of power we can potentially utilize in the future but yet another consumer choice.
Which part of the right wing? The media whores or the capitalists? The libertarian fail-sons or wanna-be fascists? Small jetski dealership owners? Which ones are 'getting rich doing nothing'? Cause I guarantee you they are doing something. It's just that something doesn't lead to anything but their own personal enrichment, which will likely lead to catastrophic ecological outcomes for most people outside of the core of industrialized nations that can weather those changes.
Years ago I bought bitcoin and then ethereum when I was a libertarian Joe Rogan fan, at the time I was just interested so I could buy drugs on the internet (would never think of breaking the law today) now it’s worth enough to buy a house. Ever wonder why the right wing (mostly white guys, the people who have always had the money and power) are getting rich for doing nothing and the left just shits on each other for thinking about buying crypto?
When my daughter was born four years ago I started a crypto savings account for her because our bank’s savings account only pays 0.01% interest. Now that account is worth 10x what it was back then and maybe by the time shes 18 it really will be worth something. It’s really annoying to hear leftists shit on saving money because I’m “destroying the planet” somehow, just spouting the same talking points as Jamie Dimon… 🤔
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On one hand the amount you are buying is literally irrelevant, you are not a billionaire or millionaire so 0.25 of a bitcoin is a meaningless amount when it comes to issues of power use and the environment.
On the other hand you can't pretend bitcoin isn't shit. It is like saying there is no ethical consumption under capitalism THEREFORE I should be able to fly around in a private jet everywhere 5 times a week because I won a lotery. At some point your personal choices do actually matter.
If you were someone buying thousands of bitcoin per month/year then I'd definitely say you are part of the problem no matter what ideology you claim to support.
When it comes to your crypto saving account what I'd say is that you are incredibly optimistic if you think that account will have anything of value 14 years from now(2035), all I can say is be careful with those expectations lol.
Bruh.
You invested money in the hundreds of dollars and you'll retrieve money in the tens of thousands of dollars. Where do you think the difference comes from?
I mean...that's great for you, but if that video is right you are just part of a ponzi scheme.
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Yeah, it can be annoying when people are right, especially when it's at the expense of your investments and savings strategies. But hey, that's why material concerns triumph ideology, and why these kind of financial bubbles arise and pop even though we've seen it happen hundreds of times. Feel free to keep gambling on crypto though, I can't think of a better way to spend your time and money in this system. But buying crypto does not seem to be a feasible method of praxis, which is why I don't see the point of discussing it as political strategy. And if it is to become a political strategy then we sure as shit shouldn't be discussing it on forums filled with the fbi. To my understanding of economics and theory, crypto is not a lever of power we can potentially utilize in the future but yet another consumer choice.
Which part of the right wing? The media whores or the capitalists? The libertarian fail-sons or wanna-be fascists? Small jetski dealership owners? Which ones are 'getting rich doing nothing'? Cause I guarantee you they are doing something. It's just that something doesn't lead to anything but their own personal enrichment, which will likely lead to catastrophic ecological outcomes for most people outside of the core of industrialized nations that can weather those changes.
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You need a little more time in the oven my friend. Those brain worms aren't fully fried yet.