Ok, watched some videos you guys recommended & read some crypto history…
Converting all ETH to BTC ASAP! Thanks for educating me!!
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Replies (99)
One of us.
👏
Hallelujah brother
Nailed it. Bitcoin has a programmed supply to the year 2140. Etheriums supply is dependent on a small number of individuals. No contest.
Bruh
Good move. Welcome to the light side.
Why did you even fall for eth?
good preventative treatment! KB MD
Oh wow - you were holding Eth?
Glad you found out why that's not such a good idea for maintaining your purchasing power.
Focus on the signal & ignore the noise 🤙
Well... that was fun to watch! Cheers! @Ken Berry, MD
Proof of work 👏👏👏
it'll be apparent in a very short period how massively positive that move was Dr. Berry :-)
Nice!
Maybe you'll follow Saifedean Ammous and Lyn Alden. Two greats in the education of Austrian Economics..🥰
you all make me sick.
every last one of you.
i will spit in your face if we meet.
i have never seen a more pathetic bunch of subhuman beings in my life
You are a fast learner 👊🏽
Big rewards for those who focus on hard money
You’ll not regret 🫡
Nice! Smart move! 😁 👍
Everything goes to 0 vs #Bitcoin
🫡
DR. KB can U recommend an artificial light for Eskimo foot fungus in winter?
t-y!
Way to go good doctor. To listen and test is a wonderful thing. 3 years no type 2 due to you.
Meme coins, NFT’s are candy. ETH and SOL are bread and rice. BTC is like a ruminant that ate good grass all its life. Jaja
Interesting! What made it click for you?
shut up we all did 😂
Good job man! There's a reason why we're Bitcoin only 😁
sum of us got it & by that i mean we didn't get mETH amirite Kortik
💪🫶🫡
👏👏
Welcome brother
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Yess! That was fast!
A sign of a man who knows he doesn't know it all and is willing to always learn more. Well done, doc! 🤝
*insert this is the way GIF
This is the way.
So happy if we can give back a bit for all the good you've done through education on nutrition and quality of life.
Good move, welcome to sanity.
Good move!
thanks for taking the time to differentiate the BTC and crypto
I did that a while back. Got my crypto degree after getting burned during the ICO era. Same with trading with leverage. Now I just hold Bitcorns. Dollar cost average on the regular and build your nest egg.
just in a nic of time!
Maybe have some Monero on hand as well. Maxis trash on Monero, but I wouldn't.
You can always use Bitcoin anonymously, but you can never verify Monero.
LFGGGG
myman.gif
I haven't converted what I have yet, because I believe in the need for an income stream as well as a nest egg. But I stopped putting new capital into anything other than Bitcoin a few years ago.
The only income stream built into the Bitcoin system is mining. Which is difficult if not impossible to get into properly without a large amount of initial capital, which I do not have.
you still had ETH? lol
Hush!
U mispelled stfu
!
#GFY
In terms of financial health, Bitcoin is all you need.
Eth history is rough lol Eth freaked me out ever since the that big eth miner literally censored at the block level with I think it was tornado cash… wild.
How can you do that if even Chainalisys can take a look at who's using BTC anonymously?
Glad more docs are leaving the matrix. We need more good guys for good health living in the future
Buy without KYC, use without KYC
But you cant ever transact on Bitcoin privately. Different thing entirely from anonymity (technically Bitcoin is not even anonymous, but pseudonymous)
Nothing stops this train . . . from going over the cliff.
ETH/BTC weekly chart since inception. Notice the descending channel (blue). No Bueno.
View quoted note →
View quoted note →
Read "The Bitcoin Standard" Doc
@₿k GFY 😘
Re-reading it right now @Saifedean Ammous
#winning
ETH was dead the day it moved to POS
When they update bitcoin with silent payments it might work
Silent payments are only for recipient privacy and it is more like obfuscation. Definitely an improvement, but doesn't help sender or amount privacy.
It doesn't work as well on a transparent chain. Counter party can still easily figure what address it went to. Even third parties can figure it out if they know 2 of 3: time of transaction, amount, or sender address
Still might work eventually. The end state would be the same as Monero - some people have their security compromised, but most people cannot be tracked down via their transactions and most people's money cannot all be tracked down without their keys. The IRS loses the ability to just freely track everything at once in one big comprehensive view.
"Still might work eventually."
Yes, maybe eventually it will be figured out. But right now it's inferior to Monero when it comes to private transactions.
Agree
Awesome 👏
If you use pseudonymity correctly, it is effectively anonymity
If you believe in the bitcoin thesis, that all other assets, currencies, and commodities will collapse in price in BTC terms, why would you want any “income stream” in anything else? Wouldn’t it be possible to sell smaller and smaller amounts to finance your life at BTC increased in price?
Putting aside that important caveat ("IF you use pseudonymous correctly" - most users can't) anonymity is not privacy. It's a transparent blockchain.
next step. don’t lose your bitcorn! learn multisig with no single points of failure.
We buy bitcoin and smoke shitcoins
I think that it is possible to have solutions on layer 1 which make it much more convenient to use pseudonymity correctly. It's also possible to get much better privacy and less transparency on layer 2+.
None of your criticisms appear severe enough to sacrifice the money part of money. For all you know monero could lose 1/3 of its value over the coming year due to obfuscated insider action or some glitch.
As strong as my faith in Bitcoin is, I don't believe that Bitcoin will ever be the "only" currency in our civilization.
I hear what you're saying, though. If we are hard core into the Bitcoin ethos, then the only way to buy sats would be through proof of work and passive income is not work.
There is no "2nd best"
"It's also possible to get much better privacy and less transparency on layer 2+"
Agree, which is why an L2 on an encrypted base would be ideal for private and anonymous transactions. FCMP enables that.
"None of your criticisms appear severe enough to sacrifice the money part of money."
Fungibility is also a money part of money. A transparent crypto introduces more friction to that being an MoE even if you have an L2 on top.
Sure 😂😂😂😂😂
Maybe he saw this… 😅🤣
omfg 😅👌