Dad's Advice
Tough, but kind.
- You guys don't seem to get it. Demanding a bribe in bitcoin is like saying: "Give me a suitcase of unmarked $100 bills - and make sure you put a GPS tracker in it!"
- It's true. I've become intolerant of fucking idiots that still think bitcoin is a "scam", or "tulips", or that some shitcoin is "a bitcoin", or any of the other absolute IDIOCY that passes for bitcoin knowledge on this site. It's 2025. It's no longer excusable to be this ignorant about bitcoin.
- Bitcoin is here to stay. That argument is over. The only question remaining is, when are you going to finally take the time to learn about it?
- steak and shake is going to declare bankruptcy in about 7 months
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View full threadOh and also tell about pre-mining and other forms of distribution, tokenomics. I’ll need to understand that if I’m ever to hope to see the difference between bitcoin and crypto.
- Oh one last thing, tell me about network effect, first mover advantage and how those things affect the value of a given form of money, that may be somehow important but I need you to teach me. Explain why bitcoin’s market cap is so much larger than the 100’s of thousands of other coins - combined.
- That's extremely incorrect. Bitcoin *does* have an official site, run by the developers, who develop the official bitcoin software that all the miners still use. Dude, Bitcoin and crypto are the same. I can go into lots of detail here. You always want to learn more right? Or is it too much for you?
- Please go into lots more detail. Teach me. Focus especially on decentralization, I’d like to learn about that. Also tell me about protocols with issuers, organizations and foundations behind them, vs protocols without an issuer. Also touch on securities vs commodities. Thanks. Can’t wait.
- bitcoin.org/en/faq This is the official site, it says: Bitcoin is the first implementation of a concept called "cryptocurrency" So, are you saying the official bitcoin developers are wrong?
- lol Bitcoin has no “official site”. You are literally light years away from understanding any of this. If you can’t get past the pedantic fact that yes of course bitcoin is a cryptocurrency, but Bitcoin and “crypto” couldn’t be less alike, then there really is no hope for you at all. NGMI
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- Bitcoin. Not crypto. You're so far. And getting further. I have no hope for you but I wish you the best. Take care.
