Me, to the $5 wrench attacker: “You just brought a $5 wrench to a $6 wrench fight” *pulls out $6 wrench

The real defense against the $5 wrench attack: A $5 wrench. That’s right. Wrench duel. Only true way to secure your coins. En garde mf.

“Bitcoin can’t be used for anything physical, and is therefore worthless.” Yes, because the fact that I can turn my paper money into a bag when it’s worth less than the utility of folded/stitched cloth is the stability we really need.

“Bitcoin isn’t backed by anything. It’s worth less than tulips or even dirt, because at least you can use them for things if they go to zero. I can’t even throw darts at it.” Me: Hm. Yep, you’re right, fiat does have that advantage over bitcoin.

Money is information

“Bitcoin is for hackers and money-launderers” No - bitcoin is for people that want the security of knowing their community will not and CANNOT take advantage of them by manipulating the money.