Bitcoin is a life raft, & it's already saved millions worldwide from inflation & poverty.

If your only contribution to a working life raft is to disparage it based on some theories you learned in university, you are a despicable shit.

Make something better or fuck off forever.
Don't like that bitcoin is too volatile?

Do you have a universally accessible asset appreciating at 200%/year with lower volatility to offer as an alternative to people in Lebanon, Venezuela & Turkey?

You don't, which makes you just another despicable central bank cheer-leader.
Bitcoin isn't competing against theories taught by central banks & fiat universities. It's competing against central banks' actual inflationary moneys.

If you're disparaging voluntary bitcoin based on theories, you're promoting central bankers' inflationary slave scrip.
Thousands of people in Lebanon, including me, would have been destitute today if it weren't for bitcoin.

Many more thousands are destitute because they ignored bitcoin. Many of them did so because they listened to fiaters' idiotic moaning about why bitcoin isn't perfect.
Fiat destroys the economic way of thinking & the concept of opportunity cost.

That's why fiat morons disparage bitcoin in favor of nonexistent perfect fantasy money, not realizing the actual opportunity cost of missing bitcoin is central bank money's inflation & destitution.
You're not being smart by pointing out bitcoin is volatile or slow or has limited on-chain capacity.

You're telling people to stay on a sinking boat & turning them away from the only working life raft because it doesn't flatter your worthless life's work & your dumb brainwashing

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More from @saifedean

14 Apr
Nassim Nicholas Tantrum has gone from endorsing my book to obsessively insulting me in public without once making any reference to my work.

Why?

Because I refused to join him on his insane cowardly hysterical crusade to shut down the planet with his friends at the WEF. Image
I was typing him a private message politely explaining to him why his "Precautionary Principle" is such a dumb idea.

He responded by blocking me, insulting me in public & then flat-out lying about why he did it the very next day. ImageImageImage
It was the biggest mistake of my career to associate with this lying fraud. We were distant friends when he volunteered to send my book to a publisher & write the foreword. He submit his foreword without reading the book, at the very last minute, when it was too late to change it
Read 14 tweets
7 Apr
Libertarianism is against coercion, not collective action. People can act collectively without coercing each other. Individualism means sovereign choice, it doesn't mean not taking part in peaceful collective activities.

Do thinkbois also think libertarians oppose team sports?
Authoritarians like @EricRWeinstein don't get the distinction between collective & coercive action because their ideas are so bad they can only get others to join them by coercion.

They'd be far less authoritarian if they tried having good & useful ideas others want to join.
Protip:

Don't critique libertarianism before you've at least read The Ethics of Liberty by Rothbard, or you'll end up exposing yourself as a shallow authoritarian thinkboi critiquing your fiat university's stupid propaganda caricature of libertarianism.

mises.org/library/ethics…
Read 6 tweets
3 Apr
The biggest problem fiat brains have with bitcoin is that they think it needs to win an intellectual argument against their stupid fiat theories to succeed.

It doesn't.

It just needs to keep going up in value & all your fiat theories are irrelevant noise powerless to stop it.
"money is not supposed to be volatile"
"money is supposed to conform with this economic theory"
"money needs X but bitcoin doesn't have it"

As long as bitcoin's price goes up, all of this is bitter irrelevant stupid noises of losers whose investments can't outperform bitcoin.
All your preconceived notions about money and economics come from fiat voodoo economists licking the boot of their government paymaster.

It is not holy scripture & bitcoin will completely destroy these idiotic models & the livelihood of the fiat hucksters who popularize them.
Read 6 tweets
2 Apr
Being fat not only increases your risk of serious covid complications, it also makes you more likely to transmit it to others.

Instead of demanding to force healthy people at 0 risk to carry vaccine passports, why don't you first try not being fat?
pnas.org/content/118/8/…
The rationale behind all the hysterics' assaults on healthy people has been that they could potentially transmit viruses.

Yet the same fat pharma-funded public health criminals will never mention anything about obesity because the goal is power, not health.
Can any of the coronahysterics make a coherent argument for why restricting the freedom of fat people at high risk from illness & transmission is wrong, but restricting the freedom of all people, including those at very low risk of transmission, is ok?
Read 4 tweets
25 Mar
One of bitcoin's wonderful newly-discovered features is that it will lead gullible anti-human hysterics to scam themselves into poverty by going into green-signalling stupid shitcoin scams.

Have fun staying poor & hysterical!
Your entire modern life, from effortlessly surviving winter to all your electronic devices, is utterly dependent on hydrocarbons & carbon emissions. Until you live a year without them, your opinion about bitcoin consumption is dumb worthless noise.
Modern life's hallmark is energy replacing human labor. It's how washing machines, tractors, cars, & PCs free us from drudgery & poverty. Every technological improvement we discover allows us to replace living human time with dead fuels and that's unequivocally a good thing.
Read 4 tweets
14 Mar
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.
Read 4 tweets

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