observer

twtxt.net

A mere observer with an opinionated tongue.

Recent twts from observer
In-reply-to » @observer Okay I will try my best, hope you will keep an open mind. Before we talk about bitcoin we need a reason. Because if everything is working then we don't need to change. Therefore I urge you to look at my first point if you haven't. And keys talk about that. I uploaded a chard from the FED. See post (#kiiv3bq)

@tamer@twtxt.net isn’t that what all governments do? I want to think that sitting above us all, financially smart people—at least, much more smarter than me—who went to school, and studied these things, are making decisions that will not screw them, nor us. What approach would you take? What would your solution be?

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In-reply-to » @observer Okay I will try my best, hope you will keep an open mind. Before we talk about bitcoin we need a reason. Because if everything is working then we don't need to change. Therefore I urge you to look at my first point if you haven't. And keys talk about that. I uploaded a chard from the FED. See post (#kiiv3bq)

@tamer@twtxt.net also, as you mentioned M2, there is some reading on that one as well. Nevertheless, where are you heading with this? Are you trying to prove that cryptocurrency is better than paper money, is that it? Not convincing me, so I will take your dollars, you keep your crypto. 😂

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In-reply-to » @observer Okay I will try my best, hope you will keep an open mind. Before we talk about bitcoin we need a reason. Because if everything is working then we don't need to change. Therefore I urge you to look at my first point if you haven't. And keys talk about that. I uploaded a chard from the FED. See post (#kiiv3bq)

@tamer@twtxt.net I think you need to read some more, because you don’t know what you are writing about. This shows you how much money is printed.

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In-reply-to » In politics, whenever I hear the word “unity,” to paraphrase the famous words of a German politico of the 1930’s, “I reach for my revolver.” For almost always, “unity” is a scam, a call to abandon principle and follow the leader into some form of tyranny or sell- out. 
 genuine unity is only viable in a context of shared values and premises. Unity is only proper within a framework of Justice. Anything else is a hoax, a scam, and an implicit call for the betrayal of principle.

@tamer@twtxt.net there are very few shared values and premises between two diagonally opposite political parties. It simply reaffirms what I wrote. Your starting sentence, which I didn’t addressed on my reply, doesn’t precisely give that warm and fuzzy feeling.

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In-reply-to » @observer Okay I will try my best, hope you will keep an open mind. Before we talk about bitcoin we need a reason. Because if everything is working then we don't need to change. Therefore I urge you to look at my first point if you haven't. And keys talk about that. I uploaded a chard from the FED. See post (#kiiv3bq)

@tamer@twtxt.net governments often do whatever it takes to balance out the economy of countries. There is a couple of things to consider on the graph, on the page you linked (for which I haven’t done a research on accuracy yet, but let’s assume it is correct). If you expand the graph you will see shaded areas on it, that denote US recessions. Also read the notes, specifically “Beginning May 2020”, to see what’s included on that graph, and the reason for the peak.

I am not understanding one thing, though. We do you see on that graph? What do you think it represents?

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In-reply-to » @observer Your words don't match with your attitude. We are not conversing, you are telling me to put complex ideas in to a tweet, or to shut up. You are saying you know me based on a couple of previous tweets, where others have accused me of being a Trumpster, but in reality I am not even a republican. In any case that should not even be a topic since the subject is Bitcoin and economy, not politics. We are far from the subject. So unless we are both willing to look at each other's arguments on the topic we are not learning from each other, we are stuck. Maybe next time you will be more genuine.

@tamer@twtxt.net I am not going back and forth. I am waiting for the engaging discourse promised. Bitcoin is a Ponzi scheme, that’s what I think. Convince me otherwise!

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In-reply-to » @observer Your words don't match with your attitude. We are not conversing, you are telling me to put complex ideas in to a tweet, or to shut up. You are saying you know me based on a couple of previous tweets, where others have accused me of being a Trumpster, but in reality I am not even a republican. In any case that should not even be a topic since the subject is Bitcoin and economy, not politics. We are far from the subject. So unless we are both willing to look at each other's arguments on the topic we are not learning from each other, we are stuck. Maybe next time you will be more genuine.

@tamer@twtxt.net please point me to where I said to you to “shut up”, would you? I say, if the idea is so complex that it can’t be explained in a twt (or a short series), then it needs revision. Won’t you agree?

I could not find anywhere in here a twt from someone accusing you of being a Trumpster. Could you link that one as well? As I said, I am merely engaging and voicing my opinions, just as you can voice yours. If you see that’s not a viable path for discourse amongst us, I will move on.

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In-reply-to » @observer I know following is a bit of work but I promise it's worth it.

@tamer@twtxt.net I am not trying to be hurtful, I just don’t see things the way you see it, nor have interest on the sites you visit. We don’t share the same perspective with almost anything, for what I have read in your past twts. I can converse—we are, somehow, no?—but I am quick at noticing what I don’t want to get involved with, and chose to simply move on.

Want to converse? Do it in here. Use short twts with cohesive, concise, and clear information. If you claim something, back it with good, reliable sources. Just don’t send me to blog posts, or rather obscure websites.

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In-reply-to » @observer I know following is a bit of work but I promise it's worth it.

@tamer@twtxt.net about the Activist Post, I don’t subscribe to extremism, and that site is borderline to it. At the very least it leans to far right, and I truly don’t want to have anything to do with that. About your blog post, I have no comments. You know the saying, “if you have nothing good to say, better say nothing at all.” 😅

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In-reply-to » $130 Billion Wiped Off Crypto Markets in 24 Hours The cryptocurrency market had around $130 billion wiped off its value over the last 24 hours as major digital coins continued their multi-day sell-off. From a report: Bitcoin was last down around 4% at $33,755.57, according to Coin Metrics, while Ether plunged 7% to $2,239.08. Earlier in the morning both fell to their lowest points since July and are each about 50% off their all-tim ... ⌘ Read more

@tamer@twtxt.net for those (I call them fools, but that doesn’t sound nice, doesn’t it?) who will want it, regardless of their price, having a limited cap would increase the value of the currency. That is a problem, because its intrinsic value is nothing, it always refers to a hard currency.

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In-reply-to » @prologic
I agree only with one thing he says, and that is that he doesn't understand the mechanics. I am not a fan of tether, since it is provided by a company I don't trust. But basically it is USD digitized/backed. People convert USD to tether to by Bitcoin. Inflation happens when you print money. Bitcoin has a cap of max 21 million coins. Fiat money has no cap.

@tamer@twtxt.net, I just wanted to add that paper money has cap, of course. It is a regulated one. Money also ages, and gets disposed.

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In-reply-to » $130 Billion Wiped Off Crypto Markets in 24 Hours The cryptocurrency market had around $130 billion wiped off its value over the last 24 hours as major digital coins continued their multi-day sell-off. From a report: Bitcoin was last down around 4% at $33,755.57, according to Coin Metrics, while Ether plunged 7% to $2,239.08. Earlier in the morning both fell to their lowest points since July and are each about 50% off their all-tim ... ⌘ Read more

@tamer@twtxt.net, and you don’t see a problem with a cap limit of 21 million coins? Equate that to limited editions, what is their inherent problem? What happens when that cap has been reached?

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In-reply-to » Bitcoin “Cult”

@tamer@twtxt.net it is composed by a cult like—not cult—mob. I will just leave this here: “Crypto is essentially an economic cult that taps into very base human instincts of fear, greed and tribalism, combined with economic illiteracy as a means to recruit more greater fools to pile money into what looks like a weird, novel digital variant of a pyramid scheme.”

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In-reply-to » In politics, whenever I hear the word “unity,” to paraphrase the famous words of a German politico of the 1930’s, “I reach for my revolver.” For almost always, “unity” is a scam, a call to abandon principle and follow the leader into some form of tyranny or sell- out. 
 genuine unity is only viable in a context of shared values and premises. Unity is only proper within a framework of Justice. Anything else is a hoax, a scam, and an implicit call for the betrayal of principle.

@tamer@twtxt.net that is a rather cynic approach. Antagonistic parties, under such premise, would never be able to work together for the greater good of the people they were elected to serve, don’t you think?

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