Well yes. That’s the point. You can bank in anything that you can rely on, and you can rely on drug markets making money. “A store of value” is nothing but an investment. And the only reason it became actually reliable and profitable to invest in Bitcoin is because of the drug markets.
You’re pretending like you can’t infer things. Like people can’t infer things. Do you know what that word means?
Again, we’re talking exclusively about Bitcoin.
And had you bothered to read the studies, you’d notice the specify they do as well.
I can face reality just fine, you just can’t seem to prove your claim.
Well not to a person who can’t face reality, no. Obviously since you can’t face reality, you’ll decry anything as “not sufficient evidence”, because your ego is just too weak for you to ever admit to having been wrong.
Show me proof that I’m wrong. Oh, wait, you can’t, because I’m right and I’ve proved that and if you research the subject you’ll find nothing but data agreeing with me and disagreeing with you.
Well yes. That’s the point. You can bank in anything that you can rely on, and you can rely on drug markets making money. “A store of value” is nothing but an investment. And the only reason it became actually reliable and profitable to invest in Bitcoin is because of the drug markets.
So we agree, it’s a store of value.
And had you bothered to read the studies, you’d notice the specify they do as well.
Was in reference to you bringing up pump and dump memecoins. That’s why I quoted that part…
Well not to a person who can’t face reality, no.
What reality have I not faced?
Show me proof that I’m wrong.
That’s not how that works, and you know that. I also never said you were wrong about anything except Bitcoin not being a store of value, which you agree that it is. So not sure what you’re even looking for…
Much in the same way that any blunt object is a hammer? Yeah, sure. But if you go around calling wrenches “hammers”, just because you can hammer things with them, people are gonna look at you as if you were… eh… “special.”
Was in reference to you bringing up pump and dump memecoins. That’s why I quoted that part…
Those are still a marginal proportion of the trade. A hundred million is 0.01% of a trillion, as I’m sure you weren’t aware. Some meme coins being pumped and dumped IS the >0.01% I was talking about.
That’s not how that works, and you know that. I also never said you were wrong about anything except Bitcoin not being a store of value, which you agree that it is. So not sure what you’re even looking for…
Yes, it is, because you refuse to acknowledge any data or any information we can infer from the data. Oh right, sorry, you don’t understand the word. It means deduce or conclude (something) from evidence and reasoning rather than from explicit statements.
No you haven’t.
Yes, I have.
Then present it.
I already have, and you’ve the whole internet to research data or information supporting your delusions. Which you don’t have and NEVER WILL. You know, because they’re delusions.
refuse to acknowledge any data or any information we can infer from the data.
I acknowledge the data you’ve cited – but you have done nothing to demonstrate how that leads to a reasonable inference that ~100% of Bitcoin transactions are for illegal purposes.
If you set aside purchasing or selling bitcoins, then yeah, that is more likely true than not.
I’ve asked you what else could there be? What use can it be for people? And the only thing you came up with is “a store of value”. Meaning you’re investing in something that is being actively used as currency, despite you not having a single use for that currency, because the market which utilises that currency is so strong, it makes investing (ie “storing value with the expectation it’s gonna grow”) in a currency profitable.
Like I said from the start, the drug trade created the value which made Bitcoin a worthwhile investment. That’s what created the value; a market valued in TRILLIONS.
Remember that? How the value is in the TRILLIONS? Or are you just gonna pretend all the data I showed — from fucking Europol and not some niche independent propaganda rags — doesn’t exist?
You’d just like to avoid it, because it’s central to this.
Meme coins come and go, because they’re unreliable. They’re unreliable, because there’s nothing actually backing them up, much like fiat currency.
However, gold has. Because gold is naturally rare. There’s a reason there’s a thing called the gold standard.
Because currency being backed against something real makes it more stable.
Much like Bitcoin relying on criminal transactions makes it reliable.
So again, you’re completely delusional to think there’s other transactions in Bitcoin. Name ONE.
I can and have shown you data from which you can infer that during this discussion of ours, tens of thousands of illegal transactions have taken place using Bitcoin, but you can’t even NAME a thing you’d use Bitcoin on.
You’ve still not understood this isn’t a debate. I’m not arguing you.
Meme coins come and go, because they’re unreliable. They’re unreliable, because there’s nothing actually backing them up, much like fiat currency.
Correct. That is true about meme coins.
However, gold has. Because gold is naturally rare.
As does Bitcoin. Maybe you just didn’t know that. There is and can only ever be a fixed amount of Bitcoin. You might even be able to eventually travel to other planets and discover more gold there, but you can never discover more Bitcoin.
I can and have shown you data from which you can infer that during this discussion of ours, tens of thousands of illegal transactions have taken place using Bitcoin
You haven’t even argued that it isn’t a store of value… Only that it’s propped up by illegal activity.
Trillions of USD, not trillions of Bitcoins.
Again, we’re talking exclusively about Bitcoin.
I can face reality just fine, you just can’t seem to prove your claim.
Also not sure why you keep trying to, because again it’s irrelevant
Well yes. That’s the point. You can bank in anything that you can rely on, and you can rely on drug markets making money. “A store of value” is nothing but an investment. And the only reason it became actually reliable and profitable to invest in Bitcoin is because of the drug markets.
You’re pretending like you can’t infer things. Like people can’t infer things. Do you know what that word means?
And had you bothered to read the studies, you’d notice the specify they do as well.
Well not to a person who can’t face reality, no. Obviously since you can’t face reality, you’ll decry anything as “not sufficient evidence”, because your ego is just too weak for you to ever admit to having been wrong.
Show me proof that I’m wrong. Oh, wait, you can’t, because I’m right and I’ve proved that and if you research the subject you’ll find nothing but data agreeing with me and disagreeing with you.
So we agree, it’s a store of value.
Was in reference to you bringing up pump and dump memecoins. That’s why I quoted that part…
What reality have I not faced?
That’s not how that works, and you know that. I also never said you were wrong about anything except Bitcoin not being a store of value, which you agree that it is. So not sure what you’re even looking for…
No you haven’t.
Then present it.
Disagreeing with me about what…?
Much in the same way that any blunt object is a hammer? Yeah, sure. But if you go around calling wrenches “hammers”, just because you can hammer things with them, people are gonna look at you as if you were… eh… “special.”
Those are still a marginal proportion of the trade. A hundred million is 0.01% of a trillion, as I’m sure you weren’t aware. Some meme coins being pumped and dumped IS the >0.01% I was talking about.
Yes, it is, because you refuse to acknowledge any data or any information we can infer from the data. Oh right, sorry, you don’t understand the word. It means deduce or conclude (something) from evidence and reasoning rather than from explicit statements.
Yes, I have.
I already have, and you’ve the whole internet to research data or information supporting your delusions. Which you don’t have and NEVER WILL. You know, because they’re delusions.
I acknowledge the data you’ve cited – but you have done nothing to demonstrate how that leads to a reasonable inference that ~100% of Bitcoin transactions are for illegal purposes.
If you set aside purchasing or selling bitcoins, then yeah, that is more likely true than not.
I’ve asked you what else could there be? What use can it be for people? And the only thing you came up with is “a store of value”. Meaning you’re investing in something that is being actively used as currency, despite you not having a single use for that currency, because the market which utilises that currency is so strong, it makes investing (ie “storing value with the expectation it’s gonna grow”) in a currency profitable.
Like I said from the start, the drug trade created the value which made Bitcoin a worthwhile investment. That’s what created the value; a market valued in TRILLIONS.
Remember that? How the value is in the TRILLIONS? Or are you just gonna pretend all the data I showed — from fucking Europol and not some niche independent propaganda rags — doesn’t exist?
Yes, it’s an investment to mainly hold, not unlike gold.
For the 50th time, how it became popular is completely irrelevant. Why are you so fixed on it?
You’d just like to avoid it, because it’s central to this.
Meme coins come and go, because they’re unreliable. They’re unreliable, because there’s nothing actually backing them up, much like fiat currency.
However, gold has. Because gold is naturally rare. There’s a reason there’s a thing called the gold standard.
Because currency being backed against something real makes it more stable.
Much like Bitcoin relying on criminal transactions makes it reliable.
So again, you’re completely delusional to think there’s other transactions in Bitcoin. Name ONE.
I can and have shown you data from which you can infer that during this discussion of ours, tens of thousands of illegal transactions have taken place using Bitcoin, but you can’t even NAME a thing you’d use Bitcoin on.
You’ve still not understood this isn’t a debate. I’m not arguing you.
Correct. That is true about meme coins.
As does Bitcoin. Maybe you just didn’t know that. There is and can only ever be a fixed amount of Bitcoin. You might even be able to eventually travel to other planets and discover more gold there, but you can never discover more Bitcoin.
Tens of thousands out of roughly how many total?
Correct again. You are absolutely not.