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14 Mar, 4 tweets, 2 min read
The typical libertarian think tanker is a bitter loser with nothing constructive or intelligent to say. If you think bitcoin can work, they will launch into emotional diatribes about how it can't because they have credentials & degrees, while never offering a cogent argument.
Similarly George Selgin spent years snarkily insulting bitcoiners for not understanding money, then when on a stage to debate me, chickened out & said bitcoin has great monetary policy & resorted to arguing dumb bcash scammer talking points about scaling
Imagine spending your life working on monetary reform & then bitcoin comes along & your most notable contribution is not to explain it to the world, but to moan on Twitter that bitcoiners don't respect you or understand economics as well as you.
Bitcoin has provided millions of people worldwide with financial freedom & security while Cato is wanking irrelevant academic drivel to put people off of it & direct them to stupid shitcoin scams. It's a good thing nobody reads them.

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More from @saifedean

Saifedean.com Profile picture
8 Mar
If you bought $10 of bitcoin a week for the past 7 years, you would have turned $3,660 into $218,940 today.

Imagine how many people's lives could be improved if they had done this.

Now imagine how many were put off doing this because they listened to clueless bitcoin skeptics.
Bitcoin's uptime & price appreciation are unprecedented in payment network & financial asset history.

Bitcoin skeptics have no way of explaining this but still feel confident enough to turn people away from it because it doesn't agree with their fiat university's dumb theories
Bitcoin skeptics are technically & economically illiterate luddites who are turning people away from the world's best monetary technology, because of noises they learned from central bank propaganda mouthpieces at fiat universities.

econjwatch.org/articles/the-f…
Read 4 tweets
Saifedean.com Profile picture
5 Mar
Bitcoin is the only technology that allows you to convert Janet Mnuchin, Christine Powell, Jay Lagarde, Mario Yellen, and Steve Draghi into noises inconsequential to your life.
Imagine training and working all of your life to earn money, and then having to hang on every cryptic word of some fiat economist you never hired to try to figure out how to keep it.

#NocoinerProblems
The fiat scam is the idea that you can indefinitely finance government insanity.

The real cost is the destruction of individuals' ability to save for their future.

It's been a century-long ponzi of destroying one medium of saving after another & systematic mass impoverishment.
Read 9 tweets
Saifedean.com Profile picture
1 Mar
Millions of people worldwide are securely & happily holding ~$1 Trillion worth of bitcoin.

This is the only thing that matters: market success. If you think btc failed because it hasn't fulfilled a theoretical ideal you project on it, you're the one who failed to understand it.
There is an endless list of things that bitcoin is not. You're not being smart by pointing some of them out. You're being a pig-headed idiot for refusing to understand what things make it successful. It's really not hard if you'd stop trying to be a smartass & think.
"Apple failed because it cannot provide me with artificial girlfriends"
"Amazon failed because it cannot deliver to North Korea"
"Bitcoin failed because it's too volatile"

Same stupid energy.

Build a better Apple, Amazon, or Bitcoin or have fun staying irrelevant.
Read 7 tweets
Saifedean.com Profile picture
25 Feb
Have you figured out how to live an entire year without consuming any hydrocarbons or releasing any CO2?

Until you do, all your opinion about how others consume & emit are just totalitarian sickness.

We all have to consume & emit to survive & you don't get to choose for others.
Without hydrocarbons all your modern life is impossible:

Computers
Phones
All electronics
Cars
Planes
Trains
Modern medical equipment
Houses
Heating
And much more

Cannot be made without hydrocarbons.

Survive without all these for a year THEN lecture others on how to live.
Breathing emits CO2. As does growing & cooking food.

The idea of living without emitting CO2 is insane.

Nobody can stop emitting CO2 while alive. They can only use this criminally stupid idea to control what others do.
Read 8 tweets
Saifedean.com Profile picture
16 Feb
Fiat Standard con artist wants YOU to stop emitting CO2, which will quite literally destroy your life and make you destitute, while he continues to fly his private jet & profit from green energy scams subsidized by destitute taxpayers & inflation victims.
How does Gates justify his private jets & mansions powered by enormous quantities of hydrocarbons?

He invests in green scams which get massive fiat subsidies & mandates to replace YOUR reliable hydrocarbons with unreliable expensive biofuels, wind & solar, destroying YOUR grid.
Carbonhysterics will throw their usual hissy fits to deny this, but green scams are why blackouts are becoming commonplace in countries which solved the problem of reliable 24 hour electricity decades ago using reliable hydrocarbon & nuclear plants.

energytalkingpoints.com/california-bla…
Read 4 tweets
Saifedean.com Profile picture
7 Feb
Can anyone make a good case for what New Zealand is wasting all this good electricity on? Image
I think the underlying technology behind New Zealand is interesting, but I just don't see how it can justify so much electricity consumption in the middle of the Pacific.
The old Zeeland is still working fine, and consumes far less energy than the New Zealand. I really don't understand what justifies all the extra energy expenditure to make a new one. ImageImageImage
Read 5 tweets

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