a bunch of people are swapping bitcoin for gold and silver
they will regret it
the only precious metals worth owning are brass and lead
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Replies (65)
Idk tungsten and depleted uranium are pretty good too
Mandibles
only one of those things are weightless, finite and humbly stackable
100% 

I think they are smart bro. Side note I was considering swapping my car for a horse.
I can only be pleased by their decision. 😂
jokes aside i want to raise a few horses
Bitcoin citadel with some horses sounds like winning to me
Where are you seeing this?
Don’t forget about the copper jacket
🐴 🐴 🐴


I have yet to see a Bitcoin for Gold ATM
Love it!
I approve this message. 🫡
Had a friend tell me, that is his plan, he says "even my cold storage btc" as he has more in ETF than spot in cold storage. Lettuce hands, man!


Chiefwhite
The friend who got me looking at Bitcoin just told me he is exchanging his BTC for Fiat and Gold this coming week. Mistake or Big Brain M...
You forgot steel...
I believe tungsten can be used to make fake gold
Any good citadel needs a few horses. Necessary workers in certain situations
Good to stock up on:
9, 7.62, 5.56, .45ACP, and 00 buckshot
Recently sold some physical gold accumulated from 2013 at over 200% gain and guess where it went...
#bitcoin #gold

From Gold Bug to Bitcoiner: a decade long practical journey from Physical to Digital Hard Money
Before discovering Bitcoin, I was a classic gold bug who trusted only physical assets. But when life forced me to move across borders, I learned fi...
add 10mm and 300 blackout
🤝
TIL about 300 Blackout. What an interesting round.
Nah. Don’t overcomplicate things.
Maybe you can substitute if you’d like to but why bother because when shit hits the fan the previously listed rounds are going to be most abundant.
In fact, if you’ve got 10mm and 300 blackout chambered weapons, you’re probably going to be wishing you made a different choice eventually.
subsonic 300 is fucking awesome suppressed
Can’t help stupid
I know of someone who swapped btc for government bonds 🙈🤣
What are you going to do with those lovely shiney lumps of metal? Throw them at the intruders?!?!?
If you swapped your bitcoin for gold at the beginning of the year, then today swapped your gold back for bitcoin, you'd have lots more bitcoin than if you didn't do that. Nothing to regret there.
Gold is useful for making jewelry and the machines that mine bitcoin 🤷♂️ doesn't mean it's as valuable but it'll still always have some intrinsic value.
It’s literally a pet rock. 🤣
Copper coated lead that is😉
HFSP
v30 -> OG maxis lose faith -> gold and monero pump.
But keep on telling yourself it's not related.
People can grasp normal distributions, but not power laws.
Have been looking into this today. This was a good starting point
@ODELL THOSE PEOPLE ARE COMPLETE MORONS 🙄
Horse Poor is a saying for a reason
The age old sell low, buy high strategy executed in a single trade?
Diversify. They are all valuable assets.
Buy super safety while they still legal. Rare breed is captured and cucked
😂 True! Who needs gold when you can stack sats and call it ‘digital brass’?
I have a question for a hardcore Bitcoiner: what are your thoughts on the issue linked here? If you look at my history, you’ll see that I’m not trying to troll or start an argument—I am asking out of genuine curiosity.
I consider you to be one of the most influential Bitcoiners on Nostr (unlike those who just treat Bitcoin as a "get rich quick" scheme based on hearsay). I’m asking you specifically because I believe you have likely given serious thought to problems like this.
It seems inevitable that in the future, the mempool will be flooded with just channel-opening transactions. When that day comes, and ordinary people can no longer afford the fees for even a single on-chain transaction, how will they be able to own Bitcoin?
If there is no way for them to do so, wouldn't that essentially negate Bitcoin’s greatest advantage? If there is a solution, what is it?
Oh, of course. Regardless of the ultimate debate over whether gold or Bitcoin is the 'true money' that will endure longer, I do agree with you that those selling Bitcoin now to buy gold and silver will soon regret it. But just to be clear, my question isn't about the near future.
There is a single reason why I cannot be completely positive about the future of Bitcoin. It's the scalability issue, and many people would say the Lightning Network is the answer. Of course, I've realized its usefulness by actually running a node, but I'm not fully convinced that it will work perfectly even when Bitcoin is used as the true money itself in the future.
This is because an on-chain transaction is still required to open a channel, and Bitcoin's block size is fixed at 1 megabyte at the consensus level.
I agree that the proper way to solve the scaling problem is through the Lightning Network, after solving the transaction malleability issue with SegWit, rather than increasing the block size. Increasing the block size requires a hard fork, is not a fundamental solution, and makes it increasingly difficult for individuals to run a node.
However, can the Lightning Network be a fundamental solution? If the population continues to grow while Bitcoin's supply and block size are fixed, won't there inevitably come a day when people cannot afford the fee for even a single transaction, even if they work their whole lives? Even if everything is processed through Lightning, at least as many channel opening transactions as the number of people being born are needed, and that number will only continue to increase, right?
This is a mathematically foreseen problem if we accept the assumption that the population will grow, not just a curse from pessimistic critics driven by jealousy. Consequently, won't the common people be unable to achieve true ownership in the genuine sense of the word?
I'm curious about the stance of nostr user on this. The positions I've encountered so far are as follows, and I can't agree with any of them:
* Solve it with a hard fork. -> This is the stupidest solution. How is this different from Bitcoin Cash?
* The population won't grow that much. -> Is the future of humanity that pessimistic?
* Ownership can be managed in a form like ecash. -> Does this mean complete ownership is solely the privilege of the rich and earlier generations? Doesn't this negate Bitcoin's greatest advantage?
* A solution will eventually emerge that guarantees complete ownership and is affordable for common people, no matter how large the population. -> Isn't this overly optimistic?
This is the reason why, even after understanding the Lightning Network, I bought Bitcoin with all the money I had left, and continue to buy Bitcoin with my salary (excluding living expenses), but I haven't been able to go all-in by selling my gold. Is there a solution I don't know about? If someone knows, please let me know.
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Why are they even buying the top, when they should be waiting for a dip? 😂
Pet rocks are back in!
Why do they do that always at the wrong time😂
Improbable.
I know plenty of people swapping silver and gold for bitcoin.
E-cash
good
Yes, but… counterparties are on the other end of this trade, selling metals and buying the BTC dip.
Bitcoin always returns to its rightful holders over time.
pew pew
It's like watching historical China buy a bunch of silver when the rest of the world was buying gold.
Brass knuckles? 💪
Back we are
This is a good time to do the opposite lol
Funny how people exit assets after price drops and buy them after price increase… an opposite to what one should do!
Glad to be on #Nostr here where people think more long term and beyond short term hype / drama! Hello #Nostr wonderful people!
Bitcoin > gold > silver > etc
(`・ω・´)ゞ
Keep your digital gold in the computer kids.
I can relate with the gold , but not silver .
Honestly I don’t have gold . 😂
Do you have any depleted uranium or tungsten for trade?
Brass casings (ammunition)
Thanks to idiots like you for funding shitcoiner devs like Gloria who are trying to turn bitcoin into ethereum
lol relax angry elitist bro , i'm just vibin' over here
nobody's turning btc into schmethereum, tho a Gloria rant is always spicy entertainment
nobody needs my permission to stack gold or BTC; trade the shiny metal you like, just don't paper-hand it back the minute the world looks scary
We are all talking about this bullshit because you were too relaxed back then. Stop giving grands to a dev with no real life experience because she sleeps with the founder.
