Comments
Transcript
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IDAwful sound, I've given up listening after 5 minutes. A pity...
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PNBitcoin (BTC) is the only sane choice for any investor who DYORed properly.
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ECI found this quite entertaining. Jimmy was obviously speaking off the cuff also in my opinion. Understand some of the concerns below, but a fan of his core thesis of limited money supply.
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BOCalling workers 'rent seekers' because governments push cheques at people that have been thrown out of work and those cheque happen to be a little larger than the one they worked for is calis under the present circumstances. When someone gets up and says words to the effect that workers prefer to stay home instead of work because they are collecting government cheques are being arrogant. Jimmy, you need to think long and hard about the way you flippantly characterize a few people's views about receiving government financial support and the deep humiliation the vast majority of worker feel, having no choice, but to accept government support.
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NGIn my opinion, Jimmy Song, as many other BTC maximalists, is trying to control the crypto narrative blocking the market of private moneys to develop freely. They are the new 'State' in the field of crypto, preventing free competition, technological development (e.g. Ethereum) and keeping consumers captive of a (their) money. No thank you. Too 'Staty' for my taste.
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ABIf this is an expert view, don't talk about Ethereum. Stick to what you know. BTC and ETH are doing completely different things.
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LSThere were Ford Model T maximalists once.
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TLThe sound quality was absolutely horrible! Did he use the built in laptop microphone for a show like this?? Can’t believe it...
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SIVitalik doesn't control eth. That was a cheap punch from a bitcoin maxi to eth when there is more than a 1bil btc on eth,
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NGMaximalism Definition: (by Eric Voskuil - https://github.com/libbitcoin/libbitcoin-system/wiki/Maximalism-Definition): - (BTC) Maximalism is a public relations effort to discourage the formation of substitutes for a given coin. To the extent this is successful it may benefit existing (BTC) owners by restricting supply and subsequently elevating price. However as people fail to find close substitutes, activity moves to more distant ones. In the case of electronic payments this is generally state money. - Maximalism is distinct from shitcoin awareness in that it is characterized by promotion of one Bitcoin over all others. Proponents often express the contradictory theory that no other coin could be competitive with their preferred coin. >>> If this was the case there would be no reason to advocate for a single coin. <<< ------------ I strongly recommend you to go through the wiki of Eric if you want to learn about Bitcoin and Crypto: https://github.com/libbitcoin/libbitcoin-system/wiki/Cryptoeconomics (see chapters in the menu on the right hand side of your screen) He is a reputed Bitcoiner, BTC developer, successful entrepreneur, former fighter pilot and Top Gun and very cultivated in fields of political economy, libertarianism, anarchism, Austrian school of economics... RV would much better off bringing to the show a rational Bitcoiner like Eric instead of a clown like Jimmy Song. https://www.youtube.com/watch?v=5cmPGBl88ig - on CryptoDynamics
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SP21 million bitcoin = 2.1 quadrillion satoshi. The future of everything is digital, look around you, the future of money is digital. The asymmetry r/r of this trade doesn't get any better
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SpJimmy is a technical expert. He is a Bitcoin Core developer TRAINER! I'm a huge fan of his, and happy to see him on RV but he is NOT a macro economist. Can we please have Jimmy on again to share his experience on the code, and what sets bitcoin apart from the other crypto's from a TECHNICAL standpoint. Other than Andreas Antop this content is seriously lacking in the space. Non-technical people like myself trying to learn and understand crypto unfortunately have to trust technical experts to explain the what the technical properties are, and how they manifest for the user/investor. Jimmy is extremely well respected and trusted in the space, and I feel RV really missed an opportunity here to provide value.
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scAs for me, I'm tired of a system that is constantly manipulated by the various central bankers of the world. The world has now reached a point where the populace are more educated and demand a better and more trustworthy system. Bitcoin may not be the perfect answer, just as the current U.S. Dollar as the reserve currency has proven it is not the perfect answer, but it is certainly better than our current system, and worthy of being taken seriously, simply based upon the fact it cannot be manipulated by a few corrupt bankers.