soonerinlOUisiana

Whenever I see videos or pictures from Spain, I immediately think of body odor. More so than France.

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You really want a subject to ponder? What makes that 20 in your wallet really, actually, worth 20 dollars?

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But that’s just it. My $20 will always be a $20 no interest note to the federal reserve. And its purchasing power is based on how much goods/services a seller is willing to render for it. What I don’t get is, what makes your one bitcoin worth $1 today, $2 a year from now, or $0.10 a year after, other than the fact that that’s just what people are willing to pay for it. At least with highly appreciated speculative stock, there’s the anticipation that the underlying business model will produce a lucrative revenue stream at some point, which powers the demand. Seems like with crypto, it’s merely a casino game where the chance/hope is that you’ll someday sell it for more than you paid for it. Yeah, arguably the stock market is the same, but as I said, stocks at least have an underlying business, absent a scam, of course.

Sorry, I didn’t realize not everyone gets hyperbole.

PS: :bird:

Me no follow podsters.

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Bitcoin, at least in theory, gets value from having a limited supply, being transferable without a bank, and having enough people trust it that it becomes liquid. But that is also the problem. Its value depends almost entirely on continued belief in the system. If that belief holds, so does the coin. If confidence collapses so does it. So you are correct that it holds no intrinsic value.

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One of the best explanations I’ve ever read, but I’m still left thinking “there’s nothing there”, which you do sort of confirm. It’s not like investing in Exxon because you know people need gas, or General Mills because you know people gotta eat, or Union Pacific because you know all these products need to move. Even Enron produced more utility, at least in theory.

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We will never be great at this sport since we funnel all of our best athletes to football, basketball, baseball, hell even hockey.

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Said it in another thread. Good off season conditioning sport for middle schoolers and younger, but really nothing more than a guaranteed letter jacket for fragile white boys at the high school level. And nothing more than a club sport at many universities.

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You're giving that game way too much importance.

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Amen.

Well. It looks like things haven’t changed. America’s best athletes still prefer football (the real kind), basketball, and baseball. Soccer is nothing more than a last resort for fragile white boys to get their letter jacket.

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She's not looking good at all in that photo.

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Definitely looks a lot “less white” than she normally does. Like maybe her typical public photos are “manipulated”.

Socialism is awesome.

What’s so brave about riding a train with a bunch SPLC false-flaggers?