2024 ELECTION THREAD

2024 ELECTION THREAD

The next presidential race will be here soon! Please see current Bovada odds. Thoughts?


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14 July 2022 at 02:28 PM
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by Slighted P

we're far more likely to go to war to protect the dollar than we are to willingly switch to ****ing bitcoin.

What's your point?


by housenuts P

He rambled for like 30 minutes and then finished it off well.

- fire Gary Gensler
- commute Ross ulbricht
- create a strategic Bitcoin reserve - the wording of this one was somewhat controversial. RFK and Sen. Lummis specifically said strategic btc reserve. Trump said to take the ~200,000 BTC currently held by DOJ/gov't entities and rather than sell it move it to a strategic stockpile.

So he finished it off well. Overall he has a pro crypto pla

I already told you why crypto is evil and wasteful and stupid. I also already told you why it's disingenuous for you to pretend to care what Kamala says about it, with which you agreed. Still awaiting some level of reflection on your part. I won't hold my breath.

Instead I bet you'll hit me with one of the most based memes of 2009 like you did with didace.


by housenuts P

Already exists

Lol for real??


by housenuts P

What's your point?

responding to you thinking the US government should buy bitcoin.. there's no need for the US to have bitcoin because we simply aren't going to allow it to succeed in the drastic way that the cryptobros think it will


by Karl_TheOG_Marx P

I already told you why crypto is evil and wasteful and stupid. I also already told you why it's disingenuous for you to pretend to care what Kamala says about it, with which you agreed. Still awaiting some level of reflection on your part. I won't hold my breath.

Instead I bet you'll hit me with one of the most based memes of 2009 like you did with didace.

You didn't tell me why. You just stated some inaccurate points and why you don't like it and you feel bad using it. But for some reason you use it. Why?

I don't remember the disingenuous Kamala part.

You think I care about Trump. I could give two shits for the orange clown.


by Slighted P

responding to you thinking the US government should buy bitcoin.. there's no need for the US to have bitcoin because we simply aren't going to allow it to succeed in the drastic way that the cryptobros think it will

Why does USA hold gold?


by housenuts P

What's your point?

that crypto sucks and anybody that likes it is, at best, a corny dork?

or maybe that it has little-to-no effective use for governments and/or other entities that provide services to mass groups of people (although it does have plenty of use for child pornographers!)

I don't know, I don't want to speak for another poster, but in any case, holy cow you suck


by Karl_TheOG_Marx P

that crypto sucks and anybody that likes it is, at best, a corny dork?

or maybe that it has little-to-no effective use for governments and/or other entities that provide services to mass groups of people (although it does have plenty of use for child pornographers!)

I don't know, I don't want to speak for another poster, but in any case, holy cow you suck

Hahaha I'm actually laughing at how boiled up and raging I imagine you are. Hahaha love it.


by housenuts P

Why does USA hold gold?

do you honestly think bitcoin would somehow be useful in the situations that would make gold reserves useful?

i'd argue that if any of that gold is ever actually needed bitcoin certainly isn't saving you. lol


by Karl_TheOG_Marx P

that crypto sucks and anybody that likes it is, at best, a corny dork?

or maybe that it has little-to-no effective use for governments and/or other entities that provide services to mass groups of people (although it does have plenty of use for child pornographers!)

I don't know, I don't want to speak for another poster, but in any case, holy cow you suck

Aw come on. You are being unfair here. It is also a great tool for money laundering!


by housenuts P

You didn't tell me why. You just stated some inaccurate points and why you don't like it and you feel bad using it. But for some reason you use it. Why?

I don't remember the disingenuous Kamala part.

You think I care about Trump. I could give two shits for the orange clown.

I informed you that crypto mining involves overwhelmingly massive energy expenditures. I remember a few years back, some crypto grifters started promising that energy use for crypto was about to decrease dramatically. SOMEHOW, that didn't happen...

I believe I also told you that it had little-to-no effective use for all the working-class people or anybody else who can't afford to speculate on it for indeterminate periods of time. It's a useless "currency" for buying groceries, paying taxes, or basically all of the day-to-day things people do to survive. It's much more useful for buying, say, hitmen on the internet to murder your wife, like your boy Ross was up to.

I didn't say anything about you and Trump. You're a libertarian/contrarian type, I know you types love to dismiss the Republicans.


by Slighted P

do you honestly think bitcoin would somehow be useful in the situations that would make gold reserves useful?

i'd argue that if any of that gold is ever actually needed bitcoin certainly isn't saving you. lol

Yes I do. Gold is not easily transportable. Not easily verifiable.

Bitcoin is new age gold.


by housenuts P

Yes I do. Gold is not easily transportable. Not easily verifiable.

Bitcoin is new age gold.

Housenuts makes me laugh 😃


by housenuts P

Hahaha I'm actually laughing at how boiled up and raging I imagine you are. Hahaha love it.

I'm making the dismissive wank-off motion at you; ask people here, they've seen me rage much harder than this!

You're a bog-standard crypto VC creep. Nothing new.


by Karl_TheOG_Marx P

I informed you that crypto mining involves overwhelmingly massive energy expenditures. I remember a few years back, some crypto grifters started promising that energy use for crypto was about to decrease dramatically. SOMEHOW, that didn't happen...

I believe I also told you that it had little-to-no effective use for all the working-class people or anybody else who can't afford to speculate on it for indeterminate periods of time. It's a u

I'm not going to bother educating you, but you are wrong. Unfortunately the narrative on this is mostly wrong. Bitcoin will end up being a net positive for the environment and energy.

You keep using it though for poker, but claim only hitmen and child molesters use it. Interesting.


by housenuts P

Why does USA hold gold?

The US used to have a gold backed currency. Don't think they've actually added to the reserves in 50 years.


by Crossnerd P

Lol for real??

I think pretty much every shitcoin you can possibly imagine "exists" in some sense, there are thousands or tens of thousands of them, it's just that they're all mostly pump and dump schemes that are now worthless after their promoters exited their positions. I'm sure housenuts knows more about this than I do, perhaps he can explain in more detail.


by d2_e4 P

I think pretty much every shitcoin you can possibly imagine "exists" in some sense, there are thousands or tens of thousands of them, it's just that they're all mostly pump and dump schemes that are now worthless after their promoters exited their positions. I'm sure housenuts knows more about this than I do, perhaps he can explain in more detail.

You are correct. There's a few 'TrumpCoins'. The latest being DJT, allegedly created by superstars Martin Shrekli and Barron Trump.

But yes they are all shitcoins. Ignore that noise. Bitcoin only.


i'm by no means an economics guy.. but i feel like the world economic collapse/hyperinflation needed to make that gold useful instead of US dollars also isn't going to provide the environment for bitcoin that people think it will..

besides in that situation what do the cryptobros think they will be exchanging that bitcoin for? gold?


like there might be a use case for some smaller countries that deal with hyperinflation to hold some bitcoin if they want to speculate a bit, but the US having it just seems superfluous.


by ecriture d'adulte P

The US used to have a gold backed currency. Don't think they've actually added to the reserves in 50 years.

Under the Bretton Woods system post-WW2, the US used to maintain about 20,000 tonnes of gold reserves. Since that system fell apart by 1971, partly due to the costs of the Vietnam War, it's gone down to just over 8,000 tonnes. But gold is a real thing and you never know when it might be useful.


by housenuts P

Why does USA hold gold?

Historical inertia.
What benefit would the US government get holding bitcoin?


by Crossnerd P

Lol for real??

MAGA trump coins.
I bought at 7$, sold at 8.75$ after he got shot.


by Parasense P

MAGA trump coins.
I bought at 7$, sold at 8.75$ after he got shot.

I think we found our man on the grassy knoll, folks.


by housenuts P

You think I care about Trump. I could give two shits for the orange clown.


Yes, we know you could, you've made it clear that Trump's your man because Bitcoin something something.


by housenuts P

I'm not going to bother educating you

You can barely read (see below). You couldn't educate a child on the alphabet.

by housenuts P

You keep using it though for poker, but claim only hitmen and child molesters use it. Interesting.

I didn't claim that "ONLY" hitmen and child molesters use crypto (although them, along with pyramid scheme type grifters, do indeed comprise a large amount of the crypto base).

I have claimed that crypto is of little use (and will remain that way) to working-class people (i.e., the majority of humans) in terms of the activities they undertake on a day-to-day basis. Instead, crypto is a speculative asset for the ownership class and wannabe grifters.


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