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Much like Elon Musk couldn't liquidate his stocks and wind up a billionaire, my bitcoin is nowhere nearly worth $70B. I won't tell you my estimate, but I will say that it's quite modest by comparison.

Do you think the world really has $70B in cash to blow on bitcoin right now? Big players mine the stuff, they don't buy it.


There are only two mistakes in joining a Ponzi scheme:

1. Coming late to the party

2. Getting caught


The struggle is real


Wrong again


That sounds like something Wei Dai would say.


How big of a bet?


My standard bet is the price of a beer.


> Bitcoin was designed by an individual with intimate knowledge of the state of the art in suspicions of NSA backdoors.

Insiders at the NSA (or any other TLA, foreign or domestic) also fit this description. The strongest position is to know both the truth, and the most compelling misconceptions.


I think it is a mistake for me to fight the “NSA created bitcoin” narrative. I am gleeful at Nelson not owning any bitcoin and want all like him who reject it for ideological reasons to continue to misunderstand it.

Freedom and human rights need financial backing, and bitcoin does that.


That crosses into personal attack. We ban accounts that do that on HN. No more of this, please.

https://news.ycombinator.com/newsguidelines.html


Nothing like personalized comments coming from a brand new pseudonym.


It took quite awhile to understand what narcissists are and to recognize that attempting to talk to them is pointless.

They are simply incapable of valuing any other human being, let alone comprehending that such human being might have superior knowledge in any area.

After all, the narcissist is the supreme being. At least in their reality.

To be fair, “Unabashedly elitist” was a confession — if one were wise enough to recognize it.


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