I reluctantly watched it in the end. jack mallers (nprofile…j565) did great, well done.
When Peter schiff compares with use case of cigarettes as money in prison because people want to USE cigarettes to smoke. Similarly Bitcoin's use case is it being the worlds first transparent money, no one can cheat. So people want to USE Bitcoin because they not getting shafted. Thats why these string of numbers have a demand! If this USE case doesn't apply any more (if bitcoin some how reveals a flaw that allows people to cheat, which isn't possible), then this belief could change. Similarly if those people who smoke cigarettes realise they could get lung cancer and die, stop smoking then demand for cigarettes would dwindle, and cease to be money in prisons. Because nobody wants them. When USD hyperinflates and no one want it anymore, it will cease to be money. Gold has already been tried and tested. Its got too many flaws and is losing against bitcoin. If we have WW3 all of Internet destroyed, all computers, hard drives holding record of bitcoin block chain destroyed then yeah sure gold wins. Peter schiff is doing a great job winding us all up!
Peter schiff is playing with words making our heads spin. Jack Mallers you kicked ass. Thanks. 👍
suboss
npub1ul…d7kr9
2024-09-13 19:43:36
in reply to nevent1q…qmvm
Author Public Key
npub1ulvfx7werjfhfxryajpuvdd2j8thmz9wylw4uj727wfcsrtwevrsdd7kr9Seen on
wss://nos.lolPublished at
2024-09-13 19:43:36Event JSON
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