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booksandwhine.bsky.social
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@booksandwhine.bsky.social
Finnish guy. Here mostly for books and good conversations. #booksky
New puppy owner so pics will be too many.

Lähinnä kirjoja ja keskustelua. Perhoskoiranpennun omistaja, joten kuvia tullee liikaa.
I did read the book already in 2021 and it didn't even get in my top 10 books that year.

I'm really wondering what was so awesome takeaway from that book and why you think I'm wrong.

Very basic money critique and baseless conspiracies?
December 8, 2025 at 3:48 PM
Oh I think you were not able to understand my previous comment.

Valuation view is mine, not from the book.
December 8, 2025 at 3:42 PM
I'm thinking you mess me with others in this chain? I'm the one criticizing bitcoin.
December 8, 2025 at 3:39 PM
Or guy who was actually able to show he has even shown the book?

What is your point? Because you have not shown me any, just this annoying metashit how I should see it how you see it. Without you telling what it is
December 8, 2025 at 3:37 PM
It is actually funny how you have not been able to turn around anything I have said. You just keep shooting this metashit, which is just your opinion.

Criticism on money is age old and part of many new movements. It can be one economic view.

I really don't understand what you are after?
December 8, 2025 at 3:36 PM
Haha, you mean key takeaways you consider correct? 😂 you religious people struggle to understand people take stuff in different ways.

I actually think you haven't read it.
December 8, 2025 at 3:32 PM
Yeah but I do believe digital will be baseline faster. Because it will be government issued?
December 8, 2025 at 3:29 PM
Well, it would have to be very systemic change and take down the whole global debt based economy.

Bombing is useless but control will be established in other ways.
December 8, 2025 at 1:52 PM
Note decentralized is not the same as digital.
December 8, 2025 at 1:43 PM
I would be very surprised if humans ever allow decentralized money to become standard. Rulers have military.
December 8, 2025 at 1:43 PM
You mean the book which I have in my hands and which have table of content exactly how I wrote it above?
December 8, 2025 at 1:39 PM
Yes, can work. For me the biggest problem is two folded:
1. Variation in price is not good for everyday use
2. Deflatory money would mean systemic political change and I'm not sure people are willing to go for it.
December 8, 2025 at 7:03 AM
History of money and potential applications of bitcoin sure were interesting. Critique on Keynes was bit off on facts and midpart of the book was conspiratual (part of it might ofcourse be true).

But it does not take away the fact that buying coffee with bitcoin might be 1 or 2 dollars within hour.
December 8, 2025 at 6:43 AM
Yeah, he explained what is money and then went on to make a case how everything bad in world is because of money and other conspiracy theories which may or may not be true and then went on to make a case for bitcoin and especially second level applications.
December 8, 2025 at 5:22 AM
Well most of the bitcoin lays on wallets waiting for value to go up. Its main function is not trade but investment, because it's price variation is so enormous.
December 8, 2025 at 2:20 AM
So you had nothing and went for name calling. Classic.
December 7, 2025 at 8:30 PM
Yeah, was just referring you to bringing in fiat when it was never the discussion here.

Currency might be flawed but politicians are the ones who are to blame. I hope you look outside US. There are societies ran much better, despite the fiat.
December 7, 2025 at 6:29 PM
All of those are under trusted algorithm to store ownership information 😂 just one way to conclude money.
December 7, 2025 at 5:50 PM
I am quite confused how you have come to conclusion I would defend fiat? Never once I even remotely initiated that thought but seems like you are very pissed off about that 😂
December 7, 2025 at 5:48 PM
Feet? You really think people are willing to move countries or states because made up currency is taxed?

Like now in us people are moving when they can not afford Healthcare?

Bitcoinchain is not controlled but once again, it is just vessel to valuate real world things. Or as it is now, speculative
December 7, 2025 at 5:20 PM
Well, governments can ban or tax bitcoin as an investment as they currently do in many places.

US is buying time to tie everyone in digital dollar and other countries will follow suit.

If bitcoin use is banned or even taxed based on estimated values, it will have a huge set back

It is controlled
December 7, 2025 at 5:03 PM
You are now talking about politics. Bitcoin will not fix that. It might be part of the solution.

You do understand that governments can kill bitcoin valuation quite fast if they want. And with that its use cases
December 7, 2025 at 3:56 PM
Sorry, messed you up with bitcoinbuddha.

And yes, we have agreed all the time it is digital money. But it's valuation is not usable for money. Nor it should be thought like gold nor other physical asset.
December 7, 2025 at 3:44 PM
I mean you are not critical to bitcoin, you are believer. I still have not seen single one other use case but trusted algorithm to store ownership information. Which it fundamentally is.

I keep hearing buzzwords but not one other example it would be anything else but new form of money.
December 7, 2025 at 2:31 PM