He's saying he would prefer to save using something that has a fixed supply.
Ag92NGranbury said:
Help me understand how Bitcoin is a good alternative to inflation?
lobopride said:Ag92NGranbury said:
Help me understand how Bitcoin is a good alternative to inflation?
Bitcoin is a form of true money. We can debate its true value but it definitely will outlast the dollar.
Once all Bitcoin is mined the amount can only decrease because of people losing their cold storage or something. The dollar's value on the other hand has to be inflated away in order to keep this house of cards up.
lobopride said:Ag92NGranbury said:
Help me understand how Bitcoin is a good alternative to inflation?
Bitcoin is a form of true money. We can debate its true value but it definitely will outlast the dollar.
Once all Bitcoin is mined the amount can only decrease because of people losing their cold storage or something. The dollar's value on the other hand has to be inflated away in order to keep this house of cards up.
lobopride said:
The dollar is built on a pile of turds.
jamey said:
Crypto has investment opportunities with BTC and ETH that have a use case along with a few others
Then theres all this useless gambling memecoin stufd or highly leveraged btc..etc
Problem is, its all "crypto" and talked about in the same circles
My grandfather use to say if you play with **** you're gonna get a little on ya, in reference to picking friends.
Yukon Cornelius said:
I mean no disrespect but I love these types of posts. It really shows how early in this evolution of technology we still are. And to be fair from an outside perspective it does seem like could be vaporware with leverage. However I think if one really uses the blockchain they can see the potential. Adoption has been driven by retail so it's been slow. Investments into this space by institutions have largely been absent. It's primarily been bootstrap by everyday folks. But it's to the point the institutions can't ignore. And when people like Jamie and Larry start talking about implementation of the technology I think that's a watershed moment. They aren't talking about speculating on particular cryptos or trying to pump anything. They are talking about implementing the technology to make the businesses they already run operate more efficiently and effectively. Which my position has been whoever JP Morgan and BR uses as their blockchain will be the winner. All the talk about transaction speeds etc won't be what determines the blockchain winner. Those institutions get to play king maker for better or worse.
Yukon Cornelius said:
I think you make a good point. And probably pretty accurate historically. However I do believe the caveat is in the way the ethereum blockchain technologically runs. The token eth itself is paramount to running the nodes of the ethereum blockchain. Unlike btc for example. And so ethereum blockchain requires use of the eth token beyond use as a fee. But to your point it's much different and unique than previous speculative assets. The only one I can think of that is even remotely analogous and it's a terribly poor one at that is oil.
So the value of ETH is the value of running the network. If the network itself becomes valuable so will running it. And thus Eth has value.
FobTies said:
Lots of talk about liquidation of leveraged holdings. I also think there is more shorting than historically with so many retail participants that now better understand that type of trading enabled in their apps. Shorting used to be taboo. These days, lots of visibility on YT and social media of support and res levels and long/short strategies.
Both Tom and Saylor got to be shyting bricks. Not bc their money, but bc their narratives are unwinding rapidly.
Maybe its not AI that pops the bubble, but instead, overleveraged crypto retails, that them threatens the treasury model. Tempted to buy more BMNR, but total knife catch.
Yukon Cornelius said:
With all due respect I simply don't think you fully understand how technologically the ethereum blockchain runs. It doesn't run simply on computing power. It requires eth to be locked up for an extended period of time to participate in validating the network.
The short term volatility of ETH is largely irrelevant. Thats like saying anything that is volatile in price isn't valuable. Is oil valuable? It can be volatile. The price of oil per barrel went negative for a moment during Trumps first term if I'm not mistaken. But that didn't erode oils value.
Blackrock and fidelity and JPMorgan are looking at running their assets in the blockchain for near instant settlement time. If that comes to fruition and if it's on ethereum the entire network is incredibly valuable. And to process transactions on said network requires eth to be locked up so one can participate. I highly highly doubt that's big institutions won't be involved in processing transactions. So what's the value they will place on being able to do that? Whatever it is is the value of ETH itself.
AggiEE said:jamey said:
Crypto has investment opportunities with BTC and ETH that have a use case along with a few others
Then theres all this useless gambling memecoin stufd or highly leveraged btc..etc
Problem is, its all "crypto" and talked about in the same circles
My grandfather use to say if you play with **** you're gonna get a little on ya, in reference to picking friends.
There's no use for any crypto technology by itself as an actual investable asset, including bitcoin or ethereum.
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $BMNR BitMine Reports $328M Profit, Launches MAVAN Staking & Declares Dividend
— Hardik Shah (@AIStockSavvy) November 21, 2025
👉 Key Highlights:
➤ Full year net income reaches $328,161,370, surpasses expectations.
➤ Earnings per share hit a record $13.39 in FY25.
➤ BitMine declares $0.01 annual… pic.twitter.com/F1m34M7rZ0
Yukon Cornelius said:
With all due respect I simply don't think you fully understand how technologically the ethereum blockchain runs. It doesn't run simply on computing power. It requires eth to be locked up for an extended period of time to participate in validating the network.
The short term volatility of ETH is largely irrelevant. Thats like saying anything that is volatile in price isn't valuable. Is oil valuable? It can be volatile. The price of oil per barrel went negative for a moment during Trumps first term if I'm not mistaken. But that didn't erode oils value.
Blackrock and fidelity and JPMorgan are looking at running their assets in the blockchain for near instant settlement time. If that comes to fruition and if it's on ethereum the entire network is incredibly valuable. And to process transactions on said network requires eth to be locked up so one can participate. I highly highly doubt that's big institutions won't be involved in processing transactions. So what's the value they will place on being able to do that? Whatever it is is the value of ETH itself.
hamean02 said:Yukon Cornelius said:
With all due respect I simply don't think you fully understand how technologically the ethereum blockchain runs. It doesn't run simply on computing power. It requires eth to be locked up for an extended period of time to participate in validating the network.
The short term volatility of ETH is largely irrelevant. Thats like saying anything that is volatile in price isn't valuable. Is oil valuable? It can be volatile. The price of oil per barrel went negative for a moment during Trumps first term if I'm not mistaken. But that didn't erode oils value.
Blackrock and fidelity and JPMorgan are looking at running their assets in the blockchain for near instant settlement time. If that comes to fruition and if it's on ethereum the entire network is incredibly valuable. And to process transactions on said network requires eth to be locked up so one can participate. I highly highly doubt that's big institutions won't be involved in processing transactions. So what's the value they will place on being able to do that? Whatever it is is the value of ETH itself.
who do you think are the most likely blockchain winners? in other words, if not ETH then who?
hamean02 said:
who do you think are the most likely blockchain winners? in other words, if not ETH then who?
Yukon Cornelius said:
If not eth my guess would be either SOL or one yet invented. I could be wrong but to me it'll just come down to who JPMorgan and blackrock use. They've dipped their toes in on ethereum so ethereum maybe the best position to win but it's not a done deal yet IMO. Now that the big boys are involved they get to play king maker for better or worse.
AggiEE said:Yukon Cornelius said:
I mean no disrespect but I love these types of posts. It really shows how early in this evolution of technology we still are. And to be fair from an outside perspective it does seem like could be vaporware with leverage. However I think if one really uses the blockchain they can see the potential. Adoption has been driven by retail so it's been slow. Investments into this space by institutions have largely been absent. It's primarily been bootstrap by everyday folks. But it's to the point the institutions can't ignore. And when people like Jamie and Larry start talking about implementation of the technology I think that's a watershed moment. They aren't talking about speculating on particular cryptos or trying to pump anything. They are talking about implementing the technology to make the businesses they already run operate more efficiently and effectively. Which my position has been whoever JP Morgan and BR uses as their blockchain will be the winner. All the talk about transaction speeds etc won't be what determines the blockchain winner. Those institutions get to play king maker for better or worse.
Key in on my actual phrasing of "investable asset" with "underlying crypto technology by itself"
Any benefit of crypto as an investable asset has nothing to do with the technology enabling transactions but the underlying thing being transacted itself. While there can be value in fee compression and/or speed of transactions, that will be owned and competed upon by companies themselves.
This is where all the crypto fanatics have it completely wrong and simply hijack it as a means of a speculation based token, which isn't the point. Bitcoin in particular has absolutely no value whatsoever, and potentially negative value given the power/compute requirements.