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As Gold Hits New Record, Some See Warning Signs of Civilizational Collapse
(www.newsweek.com)
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this post was submitted on 20 Oct 2025
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No they're not the same, you're correct. You're totally incorrect that it has no utility. You honestly just don't understand how it actually works. I really, strongly suggest understanding
I have spent 15 years following crypto. I promise you that I know how it works. The fact is the fanboys are the ones who are mistaken as so much of that scene is built by people who either know fuckall about currency policy or are scammers.
Just to hold you accountable, kindly give me a brief explanation of how bitcoin works. If you know how it works, you should be able to explain it, and if you use Google to explain it for you, you'll defeat your own argument. So please, try if you don't mind?
Why would you have the right to hold me accountable? And hold me accountable for what?
I've created 16 blockchains and I'm one of Bitcoin's core developers. Just trust me.
That's what you're doing
That’s not at all accurate. It’s not surprising you are invested in crypto. Hopefully you can weather the loss of it.
Remember these conversations down the road.
And stop saying crypto. We are talking about Bitcoin.
It applies to all crypto.
Just because you say it doesn't make it true, and if it were true you'd expect me to be invested in other "cryptos" surely.
Do you think I'm invested in any non-Bitcoin crypto? Why would I draw such an arbitrary line between one and the literal rest of them?
Maybe, just maybe there is a difference.
And the same is true for yourself.
FFS buddy you think you have the right “to hold you to account”. Dial it back bro.
My arguments apply to all crypto.
Never mind, I found one but I had to look way back.
You said crypto has no utility. Which is awfully naive and I'm not even sure you really believe it. But you're not really making a strong case. You're just...saying it has no utility.
I have made arguments. You have ignored them or failed to understand them.
What can you use crypto for other than being a token? I can make things from precious metals. Heck I can write on paper bills. What can you use crypto for other tha being a coin/token?
What arguments? You haven't made a single argument, you've just been bloviating at random.
Tell me, what arguments have you made? Or is "crypto scam you dumb" the argument?
WHY is all crypto the same?
Objectively false
Lol sorry buddy but that's true. Followed crypto for 15 years and the space is filled with guys who never took an economics course
To be fair, you're not wrong about your point. But in this case it's a matter of being correct despite themselves.
And again, crypto is not equal to Bitcoin. Bitcoin is crypto, but only Bitcoin is Bitcoin. Maybe I'll be wrong, guess we will see
Again I would dial back the arrogance here as you are backing crypto.