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Joined 11 months ago
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Cake day: January 24th, 2024

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  • If the US reserves gold, why do they also reserve silver? Why do they reserve grain, oil, steel, cheese, or foreign currencies?

    Because it’s dumb to put all your eggs in one basket and the more you diversify, the safer it is. Like it or not, Bitcoin is an asset; and barring a global disaster that knocks out all electronics, it’s unlikely to go away. It makes sense to have some and sit on it.

    Will there come a time when everything falls apart and the only way to trade with another power is with tons of wheels of cheese? Probably not, but if it does, the US is ready.

    Will the same ever happen with Bitcoin? Probably not, but if it does, the US is ready.






  • If the election were between Trump and somehow someone even worse who was calling to nuke the entire area and turn it into glass, then I would absolutely be pushing for Trump. Shockingly, if we are trapped in a horrifying, dystopian version of the trolley problem (which we are), I’m going to make the choice that causes the least damage.

    Using another analogy, if you have a badly broken arm, you can either set it and try to keep it immobilized, or you can let it stay how it is and all but guarantee that it gets fucked up even worse as it heals wrong. Voting third party is like saying “I don’t like either of those options since they both involve my broken arm, so I choose to pray to the Moon Goddess”. There is no option that immediately stops your arm from being broken. You can delude yourself and say the Moon Goddess will magically fix it, but in reality, you are choosing the option that does nothing and makes it worse. Choosing to set your broken arm doesn’t make you “pro-broken arm”, it’s just the only practical choice given a terrible situation.