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   vic (vic@seal.cafe)'s status on Tuesday, 12-Nov-2024 08:14:21 JST vic
   the bitcoin line goes up, you are more "wealthy" today than yesterday, and yet you produce nothing more than you did before (if anything at all)
   
   and you are different from the bankers you claim to hate...how?
   • Embed this notice
     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 12-Nov-2024 08:14:45 JST BowserNoodle ☦️

     in reply to
     @vic >"it's different when we do it"
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 12-Nov-2024 08:30:20 JST BowserNoodle ☦️

     in reply to

     • kevinparaguay
     @kevinparaguay @vic No. My point was that the type of beliefs that make people not like bankers and the current monetary systems vary. "It's different when we do it" is true, because we're not the ones with regulatory control of the world of finance. Speculation produces nothing, but it also doesn't parasitize the economy like usury and banking. At least not directly.
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     kevinparaguay (kevinparaguay@social.fbxl.net)'s status on Tuesday, 12-Nov-2024 08:30:21 JST kevinparaguay

     in reply to

     • BowserNoodle ☦️
     you'd rather be bootstrapping?
   • Embed this notice
     vic (vic@seal.cafe)'s status on Tuesday, 12-Nov-2024 08:47:10 JST vic

     in reply to

     • BowserNoodle ☦️
     • kevinparaguay
     @kevinparaguay @BowsacNoodle And as long as bitcoin stackers keep that mindset instead of working toward fulfilling the original vision of decoupling from the dollar, that is all society will ever be.
     
     Tragedy of the commons, I guess. Nothing to be done about it.
     BowserNoodle ☦️ likes this.
   • Embed this notice
     vic (vic@seal.cafe)'s status on Tuesday, 12-Nov-2024 08:47:11 JST vic

     in reply to

     • BowserNoodle ☦️
     • kevinparaguay
     @kevinparaguay @BowsacNoodle Bitcoin is a WEF project, first of all, so nobody is fighting anyone in charge by going all in on it.
     
     If people want to trade one fake currency for another so that they can buy more with it when they switch back to the first fake currency, good for them. But if they are pretending to be "freedom fighters" rather than what they are--Wall Street gamblers--then they are delusional.
     
     I don't hate the bitcoiners who are honest with themselves and everyone else about just wanting to be rich in terms of the almighty US dollar--if you're going to play into the system to get rich with no value added to society, it's a decent bet--but the ones who pretend to be freeing themselves from the world's banking system by stacking bitcoin are delusional.
   • Embed this notice
     kevinparaguay (kevinparaguay@social.fbxl.net)'s status on Tuesday, 12-Nov-2024 08:47:11 JST kevinparaguay

     in reply to

     • BowserNoodle ☦️
     Getting rich from gambling and adding no value to society sounds great. I'd love that. "Society" is a bunch of npc woke trash and israel grifters. Fuck em.
   • Embed this notice
     kevinparaguay (kevinparaguay@social.fbxl.net)'s status on Tuesday, 12-Nov-2024 08:47:12 JST kevinparaguay

     in reply to

     • BowserNoodle ☦️
     I would not feel guilty about conquering the conquerors if the shoe was on the other foot tbh. It's an arm wrestling contest not a beauty pageant
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 12-Nov-2024 10:11:08 JST BowserNoodle ☦️

     in reply to

     • kevinparaguay
     @kevinparaguay @vic Best way to get rich with any genuine amount of realistic chance is to start as service company, take out a bunch of debt using AR to show worth, expand enough to steal market share and get noticed, and get bought out by a VC firm.
   • Embed this notice
     kevinparaguay (kevinparaguay@social.fbxl.net)'s status on Tuesday, 12-Nov-2024 10:11:09 JST kevinparaguay

     in reply to

     • BowserNoodle ☦️
     I already tried being captain bootstraps and all I got was ripped the hell off. I wont make that mistake again.
   • Embed this notice
     kevinparaguay (kevinparaguay@social.fbxl.net)'s status on Tuesday, 12-Nov-2024 10:18:22 JST kevinparaguay

     in reply to

     • BowserNoodle ☦️
     these companies get managed like shit after the original owners cash out and bail though. they're like zombie jobs
     BowserNoodle ☦️ likes this.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 12-Nov-2024 10:20:43 JST BowserNoodle ☦️

     in reply to

     • kevinparaguay
     @kevinparaguay @vic Yes. VC pumps a bunch of money and gets things looking super clean while original owner stays on a few years and trains new staff. VC fully takes over and doesn't put much in for a long time or ever again. Company either thrives or dies depending, but VC makes back their money usually a few times over. Meanwhile original owner opens an unrelated business using all of his connections and capital and can scale 10x faster. If you do it twice, you're into true big money territory.