Much in the same way that any blunt object is a hammer? Yeah, sure. But if you go around calling wrenches “hammers”, just because you can hammer things with them, people are gonna look at you as if you were… eh… “special.”
Was in reference to you bringing up pump and dump memecoins. That’s why I quoted that part…
Those are still a marginal proportion of the trade. A hundred million is 0.01% of a trillion, as I’m sure you weren’t aware. Some meme coins being pumped and dumped IS the >0.01% I was talking about.
That’s not how that works, and you know that. I also never said you were wrong about anything except Bitcoin not being a store of value, which you agree that it is. So not sure what you’re even looking for…
Yes, it is, because you refuse to acknowledge any data or any information we can infer from the data. Oh right, sorry, you don’t understand the word. It means deduce or conclude (something) from evidence and reasoning rather than from explicit statements.
No you haven’t.
Yes, I have.
Then present it.
I already have, and you’ve the whole internet to research data or information supporting your delusions. Which you don’t have and NEVER WILL. You know, because they’re delusions.
refuse to acknowledge any data or any information we can infer from the data.
I acknowledge the data you’ve cited – but you have done nothing to demonstrate how that leads to a reasonable inference that ~100% of Bitcoin transactions are for illegal purposes.
If you set aside purchasing or selling bitcoins, then yeah, that is more likely true than not.
I’ve asked you what else could there be? What use can it be for people? And the only thing you came up with is “a store of value”. Meaning you’re investing in something that is being actively used as currency, despite you not having a single use for that currency, because the market which utilises that currency is so strong, it makes investing (ie “storing value with the expectation it’s gonna grow”) in a currency profitable.
Like I said from the start, the drug trade created the value which made Bitcoin a worthwhile investment. That’s what created the value; a market valued in TRILLIONS.
Remember that? How the value is in the TRILLIONS? Or are you just gonna pretend all the data I showed — from fucking Europol and not some niche independent propaganda rags — doesn’t exist?
You’d just like to avoid it, because it’s central to this.
Meme coins come and go, because they’re unreliable. They’re unreliable, because there’s nothing actually backing them up, much like fiat currency.
However, gold has. Because gold is naturally rare. There’s a reason there’s a thing called the gold standard.
Because currency being backed against something real makes it more stable.
Much like Bitcoin relying on criminal transactions makes it reliable.
So again, you’re completely delusional to think there’s other transactions in Bitcoin. Name ONE.
I can and have shown you data from which you can infer that during this discussion of ours, tens of thousands of illegal transactions have taken place using Bitcoin, but you can’t even NAME a thing you’d use Bitcoin on.
You’ve still not understood this isn’t a debate. I’m not arguing you.
Meme coins come and go, because they’re unreliable. They’re unreliable, because there’s nothing actually backing them up, much like fiat currency.
Correct. That is true about meme coins.
However, gold has. Because gold is naturally rare.
As does Bitcoin. Maybe you just didn’t know that. There is and can only ever be a fixed amount of Bitcoin. You might even be able to eventually travel to other planets and discover more gold there, but you can never discover more Bitcoin.
I can and have shown you data from which you can infer that during this discussion of ours, tens of thousands of illegal transactions have taken place using Bitcoin
As does Bitcoin. Maybe you just didn’t know that. There is and can only ever be a fixed amount of Bitcoin. You might even be able to eventually travel to other planets and discover more gold there, but you can never discover more Bitcoin.
Yeah but the value increasing comes because of the rarity. That’s why bitcoin is now 83 000 more valuable than it was a mere 10 years ago when I had it.
If the value of gold had changed by 83 000 times, we wouldn’t be having this conversation. (The world would have ended, one way or another.)
Tens of thousands out of roughly how many total?
Of all the transactions? What else would it be used for? You know, the question I’m 4 now having to pretend to ask again, because you keep avoiding, because you know you the answer will prove me right?
Correct again. You are absolutely not.
Correct again, like I’ve been the whole time, UNLIKE you…?
Gold was backed up as value because it was established as rare and valuable several thousand of years ago, and it’s remained equally rare.
Bitcoin has significantly increased in value because the trade it’s being uses for has increased.
The first time I bought drugs with Bitcoin I had several hundreds. Then I bought them last time when they were around 1e a piece. Then despite not buying any more, it kept increasing in value so much I got several drug orders out of after spending about 115 out of it.
People noticed the huge influx in people buying Bitcoin. As traders do, they pay attention to trends. But people weren’t buying it as “store of value”, ducking LOL. They were buying bitcoin to easily and anonymously order drugs.
And that business is worth (this is the dozenth time I’m repeating this and you’re ignoring it, coward) literally TRILLIONS.
Which is why it kept growing in value, which is it attracted investment.
But I ask you, for the UMPTEENTH TIME:
#WHAT ELSE DO YOU PURCHASE WITH BITCOIN THAN ILLEGAL THINGS?
Much in the same way that any blunt object is a hammer? Yeah, sure. But if you go around calling wrenches “hammers”, just because you can hammer things with them, people are gonna look at you as if you were… eh… “special.”
Those are still a marginal proportion of the trade. A hundred million is 0.01% of a trillion, as I’m sure you weren’t aware. Some meme coins being pumped and dumped IS the >0.01% I was talking about.
Yes, it is, because you refuse to acknowledge any data or any information we can infer from the data. Oh right, sorry, you don’t understand the word. It means deduce or conclude (something) from evidence and reasoning rather than from explicit statements.
Yes, I have.
I already have, and you’ve the whole internet to research data or information supporting your delusions. Which you don’t have and NEVER WILL. You know, because they’re delusions.
I acknowledge the data you’ve cited – but you have done nothing to demonstrate how that leads to a reasonable inference that ~100% of Bitcoin transactions are for illegal purposes.
If you set aside purchasing or selling bitcoins, then yeah, that is more likely true than not.
I’ve asked you what else could there be? What use can it be for people? And the only thing you came up with is “a store of value”. Meaning you’re investing in something that is being actively used as currency, despite you not having a single use for that currency, because the market which utilises that currency is so strong, it makes investing (ie “storing value with the expectation it’s gonna grow”) in a currency profitable.
Like I said from the start, the drug trade created the value which made Bitcoin a worthwhile investment. That’s what created the value; a market valued in TRILLIONS.
Remember that? How the value is in the TRILLIONS? Or are you just gonna pretend all the data I showed — from fucking Europol and not some niche independent propaganda rags — doesn’t exist?
Yes, it’s an investment to mainly hold, not unlike gold.
For the 50th time, how it became popular is completely irrelevant. Why are you so fixed on it?
You’d just like to avoid it, because it’s central to this.
Meme coins come and go, because they’re unreliable. They’re unreliable, because there’s nothing actually backing them up, much like fiat currency.
However, gold has. Because gold is naturally rare. There’s a reason there’s a thing called the gold standard.
Because currency being backed against something real makes it more stable.
Much like Bitcoin relying on criminal transactions makes it reliable.
So again, you’re completely delusional to think there’s other transactions in Bitcoin. Name ONE.
I can and have shown you data from which you can infer that during this discussion of ours, tens of thousands of illegal transactions have taken place using Bitcoin, but you can’t even NAME a thing you’d use Bitcoin on.
You’ve still not understood this isn’t a debate. I’m not arguing you.
Correct. That is true about meme coins.
As does Bitcoin. Maybe you just didn’t know that. There is and can only ever be a fixed amount of Bitcoin. You might even be able to eventually travel to other planets and discover more gold there, but you can never discover more Bitcoin.
Tens of thousands out of roughly how many total?
Correct again. You are absolutely not.
Yeah but the value increasing comes because of the rarity. That’s why bitcoin is now 83 000 more valuable than it was a mere 10 years ago when I had it.
If the value of gold had changed by 83 000 times, we wouldn’t be having this conversation. (The world would have ended, one way or another.)
Of all the transactions? What else would it be used for? You know, the question I’m 4 now having to pretend to ask again, because you keep avoiding, because you know you the answer will prove me right?
Correct again, like I’ve been the whole time, UNLIKE you…?
Exactly like gold. And how many transactions are people doing with gold? What kinds are they?
No, not exactly like gold.
Gold was backed up as value because it was established as rare and valuable several thousand of years ago, and it’s remained equally rare.
Bitcoin has significantly increased in value because the trade it’s being uses for has increased.
The first time I bought drugs with Bitcoin I had several hundreds. Then I bought them last time when they were around 1e a piece. Then despite not buying any more, it kept increasing in value so much I got several drug orders out of after spending about 115 out of it.
People noticed the huge influx in people buying Bitcoin. As traders do, they pay attention to trends. But people weren’t buying it as “store of value”, ducking LOL. They were buying bitcoin to easily and anonymously order drugs.
And that business is worth (this is the dozenth time I’m repeating this and you’re ignoring it, coward) literally TRILLIONS.
Which is why it kept growing in value, which is it attracted investment.
But I ask you, for the UMPTEENTH TIME:
#WHAT ELSE DO YOU PURCHASE WITH BITCOIN THAN ILLEGAL THINGS?