Erik Valium

Common normie “arguments” against #bitcoin :
1. Confusion between value and direct utility:
You argue that Bitcoin has no "direct utilitarian value." However, this view ignores Bitcoin's primary utility: enabling free and censorship-resistant transactions without government or corporate intermediaries.
2. Criticism of speculation:
Speculation is not a negative characteristic unique to Bitcoin. It is inherent to all assets, including fiat currencies, stocks, and property. Speculation allows for price discovery and efficient resource allocation. Bitcoin is no different; its speculation reflects its gradual adoption and the uncertainty inherent in any emerging technology.
3. Misinterpreted energy costs:
You highlight Bitcoin's high energy consumption as inherently negative. This ignores the fact that Bitcoin's security and resistance to manipulation depend directly on this energy expenditure. Furthermore, much of its mining uses renewable energy and helps optimize energy production by consuming excess electricity generation.
4. Backing Fallacy:
The criticism that Bitcoin lacks backing ignores the fact that fiat currencies also lack tangible backing beyond the coercive power of states. The value of money, traditional or digital, derives solely from the social agreement on its usefulness as a medium of exchange and store of value. Bitcoin simply exchanges trust in centralized institutions for cryptographically provable mathematical trust. (If you have a PhD in mathematics, you could prove this provably.)
5. Misunderstanding of Decentralization:
You perceive decentralization as a weakness because it prevents government control. This is precisely its central virtue: eliminating political manipulation, arbitrary inflation, and authoritarian control of money, restoring monetary sovereignty to the individual.
6. Simplistic Reduction of Historical Value:
You attempt to discredit Bitcoin by highlighting supposedly murky origins linked to online gambling. This genetic fallacy completely ignores the actual evolution of Bitcoin, whose open, auditable, and verifiable code frees it from its initial context. Furthermore, its origin is irrelevant to its current and future usefulness.
7. Mistake about El Salvador and Nigeria:
Minimizing Bitcoin adoption in economies with severe monetary problems ignores the critical importance of a currency that is resistant to inflation and state control. In contexts where fiat money fails, Bitcoin has demonstrated unquestionable practical value.
8. Confusion between narrative and reality:
Criticism about the "religious" narrative around Bitcoin ignores the fact that all currencies, including fiat currencies, require trust and a common narrative to function. Bitcoin's libertarian and decentralized narrative is no more irrational than the narrative of blind trust in central banks that generates inflation and recurring crises.
9. Mistake in comparative analysis:
Comparing Bitcoin's value to productive companies like Alphabet ignores the fact that Bitcoin is not intended to be productive in industrial terms. Its function is to protect value against inflation and political manipulation. Bitcoin is more comparable to gold or global fiat currencies than to corporate stocks.
10. Ignorance of the network effect:
Bitcoin benefits enormously from the network effect. Its utility and value increase exponentially with each new user, creating a natural resistance against marginal competitors that lack the same security, adoption, and trust built up over more than a decade of existence.
Bitcoin's true value lies in returning financial sovereignty to the individual. It does not depend on politicians or central banks; its backing is mathematical, and its strength is freedom. The fiat system is speculative, and it is printed without limits.
From: @digresor

2025-07-24 17:09:17 UTC

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🤔

2025-07-04 14:24:21 UTC

Banks are closed today. Guess what is not closed today …

2025-06-25 22:36:53 UTC

I have to say that it is a description very close to reality 🤣
#bitcoin #nostr
https://video.nostr.build/b51dacae386068b22bd33d5b3920f3895d9813a420b1b9f7a0164c9ce3b560db.mp4

2025-06-25 18:17:30 UTC

If the fundamental and substantial basis of an ideology is the abolition and violation of the natural rights of man, such as the right to life, liberty and property, such ideology must not only be discarded from the political spectrum, but also combated philosophically, culturally and civilly through the use of the First and Second Amendments.
#bitcoin #nostr
https://image.nostr.build/2e8abdc7a15b53668874c6059c1e1e25be5f379d9d545f23445dd7436fed2c56.jpg

2025-06-16 23:29:44 UTC

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Algún consejo de escuela online para comenzar ?

2025-06-13 17:45:52 UTC

Perceptions vs. Reality #bitcoin #nostr
https://image.nostr.build/c1bfd5fef83e4db992a5a247bdcb3cf6de19dec1df9221297bb96c8f0cd4be98.jpg

2025-05-30 02:08:38 UTC

See you in #bitcoin 2026
https://image.nostr.build/b87f984bfc4522bbc873efd999db558cddf9ea299bcfeab420360a9c7f5892dd.jpg

2025-05-25 21:45:31 UTC

#coffee
https://image.nostr.build/d1578ee1e5fdc7e4655c938f77bfa1d69f47b11f0d7fbee310bf32ffe60d5a50.jpg

2025-05-14 22:54:12 UTC

Power to the NODE OWNERS !!
#bitcoin

2025-05-05 19:00:12 UTC

#bitcoin #nostr
https://image.nostr.build/eeefb57eaa98d544927586e388d2f861e712aa2a3c138e2941fb6c90c1bcf197.jpg

2025-01-30 17:56:56 UTC

#kawasaki 🏆🏆🏆🏆🏆🏆🏆🏆 https://image.nostr.build/ce4f6dba215d068853dc6eb41bc155a02422325a24c71e8a3c2dc95049095229.jpg

2025-01-30 15:44:42 UTC

Illinois #bitcoin reserve.
https://cointelegraph.com/news/illinois-bitcoin-strategic-reserve-bill

2025-01-23 21:58:05 UTC

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Starting with the most obvious, basic and fundamental point where fascism wants absolute government control (like what you advocate with censorship) and MAGA advocates government downsizing, being more of a party geared towards political minarchism. You ignorant totalitarian loser.

2025-01-23 19:13:33 UTC

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Wow, you are really mentally retarded, you don't understand that if you give the power to determine who is nazi or not to the state, it immediately becomes a dictatorship? Are you so stupid as not to understand that??? What prevents that tomorrow from thinking like you are what is nazi? And they censor you, and they persecute you because you don't think like the government establishment or the state apparatus that is in power at that time. If this is not easy to understand for you, that means you just are an ignorant a leftard who is guided by empty emotions and not by reason.
There is no hate speech that validates government censorship, debate is the solution to extinguish fascist or communist ideas, extinguishing those virulent ideas like yours through debate and the use of reason is the only way to end their propagation, and not through the coercive power of the state or a corrupt regulatory entity.
You should read more and not talk so much nonsense.

2025-01-23 18:12:41 UTC

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Hahahahahahahahahhahahahahahahaha this is the stupidest argument I ever reed in my life ahhahahahah art you retarded argument, I want to have fun with you and destroy your logic with facts 🤣🤣🤣🤣🤣🤣🤣🤣🤣

2024-10-31 15:56:56 UTC

Happy Halloween !! 🎃⚡️

2024-10-19 17:18:01 UTC

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Totally

2024-10-18 20:49:37 UTC

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🎉🤘🏍️ motos y bitcoin, nada puede salir mal !
Listo para el gp de Australia y la final de SBK en Jerez !! 🏁

2024-10-18 18:36:08 UTC

Yes
#bitcoin #nostr https://image.nostr.build/4d900793a68acb42770d6c8e1472762a5f1f67f4c7ec576a5016f9aa5ff4fbbe.jpg

2024-10-16 17:26:02 UTC

🎯 defend your #bitcoin https://image.nostr.build/326eb996f103a6c24b58c5efd1616772dd8d020ba6b4d77d7db88faabd6a01c8.jpg

2024-10-02 17:35:26 UTC

Let’s not fall into the same mistake and pretend just to win the economic battle. Let’s focus on the entire cultural war which also includes values, and ethics involved in western civilisation.
#bitcoin #nostr

2024-10-01 00:20:09 UTC

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That’s been anonymous, not ungovernable. And if you have a “legal” business I assume you pay taxes that your government imposed to you. So there is nothing such as ungovernable. You pay taxes and obey the system law.

2024-09-27 20:02:00 UTC

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Yeah, no censorship, that has to be something new for you 😂😂😂

2024-09-26 21:01:31 UTC

The only limitations a free market should have are MORAL limitations.
#bitcoin #nostr #capitalism

2024-09-23 14:22:28 UTC

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X2 ⬛️🟨🐍

2024-09-17 17:44:28 UTC

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Let’s gooooo