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About the Author: Tyler S


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  2. In a way, Bitcoin is more destructive than war spending. It’s paying for the destruction of resources and the exertion of human effort with no resulting physical product or service that does anyone any good. But it actually makes less economic sense than war, in that in war the victor might actually succeed in protecting or gaining some kind of desired resource such as oil, land, coastal access, labor resources, political power, people's survival, etc, as an ROI on the costs of conducting the war.

    Bitcoin only destroys resources, and the only thing it produces is the psychological phenomenon of some people being willing to exchange their actually practically valuable assets for something of absolutely zero practical value in the hopes that someone else operating under the same mindset will be willing to exchange even more actually practical assets of higher value for this worthless "thing" in the future. Otherwise known as speculation.

    Although the value of gold is mostly speculation driven, at least it looks pretty, and it has some industrial uses. Holland’s “Tulip Mania” in the 17th century, as silly as it seems in hindsight, at least had actual, physical, enjoyable tulips at its core. Bitcoin lacks any of this. It consumes vast amounts of electricity for computers to solve useless math puzzles. Nobody enjoys the puzzles recreationally, and they have no intrinsic or practical value. The answer to the puzzle is a short series of bytes stored in a distributed blockchain to prove that a lot of electricity was consumed to produce this series of bytes. Their scarcity is guaranteed by the high cost of the electricity required to solve them, and that's all. Scarcity alone doesn't equate to value.

    Strands of my hair are pretty scarce, globally speaking, but the scarcity of my hair doesn't make it valuable, despite the fact that many strands of my hair together could be used as insulation or padding, unlike bitcoins which can do nothing. And unlike the ease of cutting a strand of my hair, every bitcoin requires the destruction of vast amounts of really valuable human assets to produce. It's as if I invented a way to cut my hair by destroying a great deal of the world's food supply, so that the cutting of each strand required the destruction of a large and valuable amount of food, and then I sold each strand for real money at a price higher than the cost of all the food I destroyed in the process of cutting that strand, then used the money I earned to purchase and destroy more food in order to cut more hair. Is this responsible stewardship of resources? Is this responsible economics? It's more like collective suicide by deprivation. Overpriced gold has at least a little practical value. Tulips look nice. Even my hair clippings could potentially be used for something. But a "bit" coin can never be practically useful or beneficial to anyone in any way.

    Destroying valuable resources and consuming human labor with no actual resulting product or service that does anyone any good in even the tiniest of ways is a sure way for a society to hurt itself.

  3. <Always good to hear your thoughtful and logical analysis. I think we are entering a crab market Personally. We will still get our pumps and dumps but based purely on what the Fed are doing. That being said, as traders we can still make good money 😀 Thanks to Gabriel Alberto William for his amazing skills for helping me to earn 10 Btc through trading chart. Great TA as always>🙌🏻

  4. A great truth: ' this whole space would be a joke without Bitcoin'. BTC is the only crypto coin worth the while. Maybe Ethereum in a distant 2nd place, that's it

  5. “If you like loosing all of your money, have I got a hobby for you!” 🤣 🤣 🤣

    It’s funny coz it’s true…

  6. Major crypto youtubers just look mostly at pure T.A. and completely ignore the bigger narrative of why crypto pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. Today I’ve made 138% from my trades with Andre on ICP/USDT , BNB , XRP , SOL and waiting on further calls from Andre Sung Huo, he said we now have to wait for the market to rebalance. I’ve been day trading crypto for 2 months with accurate signals and insights from Andre Sung Huo which has helped me increase the value of my portfolio to 14 BTC.

  7. My wife was upset when she found out I drained her bank account on Bitcoin. I told her to get out. She thinks she can control me just because I don’t work or clean. When Bitcoin pumps, I’ll be purchasing a one bedroom apartment and a tesla robot

  8. < I totally agree with what you are saying….The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, and i have accumulated over 15.5 BTC in just three weeks with the trading strategy given to me by expert trader Kerry Pickett.

  9. I don't know about you… but I'm buying the luna dip 😉


  10. When I try to explain crypto to people who either don't know crypto or have fallen victim to "It's a ponzi scheme" news articles, I find it's most helpful to start by explaining what Bitcoin is and why it's worth something. The explanation "oh it's digital gold, there is a limited amount, it's a hedge against inflation" seems to be simple enough for beginners to understand.

  11. I undeniably <treasure the update on crypto we are getting from you, for me I think this is the best time to invest since the market is at a low rate. In some months time you'II be ecstatic with the decision you made today. I’m not going to blame my coach on my recent losses because It's not his fault. what i lost happened to be part of my profits. It's good that i trade not this hodling thing if not, i would have been in a big mess by now like other hodlers. Just like getting beaten in a fight. You look at what went wrong, learn some new blocks, some new attacks, get in better shape, and get back into the fight. There will be another day for all of us. What i'm trying to say here is that you if you haven't invested in crypto yet this is a great time and I will strongly recommend expert, Daryl Green.

  12. Hey Tyler, I usually never comment… or like… But I'm watching daily for 2 years and I would just like to say thank you. Love the content and your humour.

  13. I'm expecting lower, but considering we barely broke the previous high would it be that strange if we barely break the previous low?

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