The Wearehouse recently hosted a well-attended debate featuring advocates for cryptocurrency, precious metals, and fiat currency. Jeremy Kauffman from LBRY represented crypto, Silver Dave from Local Silver Mint represented precious metals, and Jay Noone represented fiat currency with his tongue firmly planted in-cheek. Here’s the full video:
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Wow an actual debate (unlike the farce we can find on TV during election season.) Very thought-provoking. Thank you.
It’s not a debate.
Don’t call it that
Jay Noone: LOL
Kauffman: Highly intelligent
Silver Dave: ..Next time I make a silver buy, going to check out your inventory
Thanks for posting
It’s not smart to say dumb people are “highly intelligent”
LOL yeah, ok. The dude who peddles around the COOP parking lot wearing a backpack says the founder / developer of LBRY and odysee is dumb. ..I ..got nothing
Ah.. So now using a backpack for you groceries is bad.
And riding a bicycle is bad.
… This is what you have?
That is your idea of a argument?
Lol
No wonder you think Coughmann is smart!
Lol
I don’t think someone who’s anti-Fiat can argue for it.
So that’s not a debate
I can’t tell if this discussion was more boring or cringeworthy. It sure as shit wasn’t informative.You all have been parroting the same shit-for-brains talking points for decades. I skipped around a bit mostly. “All the normies are using it” You say that like it’s a joke, but you know that is actually a textbook feature of what makes a currency actually a currency. The only people that actually use crypto and precious metals are other libertarian dingbats and criminals. Everybody else just speculates with it. Then you have the child labor advocate/racist mention that the market has spoken on… Read more »
LOL you guys are too funny. Maybe you and Dave should shack up in his ramshackle apartment and jerk each other off.
1 BTC = currently 28k USD. Yup I’d say the market has spoken.
I guess the market told you how much bc it’s going for.
.. That’s what it spoke..
And?
It’s telling that your reference point is the USD. I guess we know which is more relevant here.
This doesn’t refute the point I made anyway. There are plenty of people using BTC as a speculative commodity. Only libertarian dingbats and criminals are using it as a currency.
Is the USD not a good example of fiat?
And I was actually agreeing with you. The market has spoken.
Some people use Bitcoin as a store of wealth as part of a diversified portfolio, not just a speculative commodity. Some are even earning interest on their crypto.
I agree that the local fiat functions better as a currency in most use cases. Sometimes Bitcoin is more useful. For example for paying for a VPN in Iran or China with censored Internet. Categorize that under criminal activity if you want.
Of “only libertarian dingbats” etc.
Why are you so threatened by it?
Crypto..imo.. Is the future..
Just because the world isn’t fully ready for it or just because it isn’t dominant in the USA. ..
People condemned automobiles also.
Electric cars could have been in more popular use many years ago.
Pot could have been legalized.
I think crypto is at the beginning,
and so it gets condemned as you are doing.
Clymer shut the fuck up, you imbecile
How is crypto better?
Cars get you places fast without keeping expensive horses.
Electric cars enable you to fill up cheaply at home and start each day with a full tank.
Pot is not technology.
What need does crypto actually fill for most people?
Also, when does the beginning end? It’s been out quite a while now. People know what it is now. They aren’t using it as a currency.
“How is crypto better?” Well for one, Karl, it’s decentralized and therefore not under the control of central banks and government thugs making it totally inflation-proof and stuff. Cool, huh? 😉 “Electric cars enable you to fill up cheaply at home and start each day with a full tank. No they don’t, Karl. In fact, gasoline and electric power costs are currently at parity in shitty blue states like California, meaning recharging a totally shitty electric vehicle costs the same as filling up a totally awesome gasoline tank. Of course there’s also those pesky issues with driving range, battery endurance,… Read more »
“Well for one, Karl, it’s decentralized and therefore not under the control of central banks” People don’t care. How does this tangibly benefit anyone? “and government thugs making it totally inflation-proof and stuff. Cool, huh?” Instead is deflationary, which is worse than inflationary, especially for a currency. In fact. this is one of the major reasons people will not adopt it. “No they don’t, Karl. In fact, gasoline and electric power costs are currently at parity in shitty blue states like California, meaning recharging a totally shitty electric vehicle costs the same as filling up a totally awesome gasoline tank.”… Read more »
“People don’t care.” Uh huh. That’s nice, Karl. Thing is, I care and so do a lot of other people. Mostly conservatives and libertarians, of course. Naturally, you libtard weirdos don’t cuz you queers are always clinging to the notion that, while profits should be privatized, any losses incurred by your bad policies should be socialized. 😉 “How does this tangibly benefit anyone?” Remember that time back in the dark ages when the housing markets crisis’ed and stuff and the central banks and government thugs who caused the problem in the first place bailed out their cohorts with printed dollars… Read more »
“I care and so do a lot of other people. Mostly conservatives and libertarians, of course.” That’s what I said. Unfortunately (for you) you are a fringe minority. “While profits should be privatized, any losses incurred by your bad policies should be socialized.” This is literally a capitalist position. “Remember that time back in the dark ages when the housing markets crisis’ed and stuff and the central banks and government thugs who caused the problem in the first place bailed out their cohorts with printed dollars c/o of the Federal Reserve? Ha ha. Just kidding, Karl. I know you don’t.… Read more »
“That’s what I said.” I know, right? “Unfortunately (for you) you are a fringe minority.” Uh huh. Ya know, I think Dylan Mulvaney and his patrons at Anheuser-Busch are gonna totally disagree with you on that one, Karl. 😉 “This is literally a capitalist position.” Nope. It’s a libtard weirdo one. Legitimate free market capitalists don’t pass their losses onto taxpayers, Karl. They take their licks, learn from their mistakes, and move on to greener pastures. Pretty nice of them, huh? 😉 “How does this tangibly benefit anyone?” Gee, Karl. If you’re not observant enough to understand who benefits from… Read more »
“Uh huh. Ya know, I think Dylan Mulvaney and his patrons at Anheuser-Busch are gonna totally disagree with you on that one, Karl. ?” Literally every time a company has done something controversial to piss off conservatives they have received a corresponding increase in sales and stock price. Keurig, Nike, Disney, and now AB. All of these controversies were manufactured. This crap generates a ton of news to get people talking about your business for days and even weeks. You can’t buy that kind of coverage. It’s marketing, Silvia, and you and the rest of conservatives are unwitting pawns. They… Read more »
Oh. I see, Karl. So it’s your position that A-B’s playing some sort of super-slick ten-dimensional chess or some shit, huh? Say, like didn’t they just like totally lose like $5B in stock value last week? That’s weird. I mean that sure seems a tad on the pricey side for a marketing campaign, don’tcha think? 😉
But hey, you’re totally the expert here and stuff, aren’tcha Karl? I mean especially with all that middle school economics learning you’ve been bragging to us deplorables about, am I right? 😉
“Nope. It’s a libtard weirdo one. Legitimate free market capitalists don’t pass their losses onto taxpayers, Karl. They take their licks, learn from their mistakes, and move on to greener pastures. Pretty nice of them, huh? ?”
No true scotsman fallacy. Capitalism has never worked that way throughout the entirety of history.
Wow. So there’ve been no free market capitalists anywhere at anytime, huh Karl?
Gee. I don’t know about that. Looks like Ron Unz disagrees with ya, anyway. Who’s he, ya ask? Well he’s this patriotic, multimillionaire, paleoconservative badass who wrote this whole essay about Chinese “social-darwinism” and stuff. It’s a fine read. I know you’re just gonna love reading it, too. Check it out.
https://www.unz.com/runz/how-social-darwinism-made-modern-china-248/
According to your definition? Not really.
This article has nothing to do with what we are talking about. I’m also not terribly invested in what Unz has to say.
Uh huh. Actually Karl, it does. Which is precisely why you’re totally afraid to read it and stuff, isn’t it? Anyway, didja see the latest gobbledygook to come out of John Fetterman’s cakehole today? He’s that brain-damaged Senator from Pennsylvania who just triumphantly returned to congress yesterday after spending six weeks in a psychiatric ward and stuff, in case you’re wondering. Anyway, watch him read his opening statement off his staffer’s iPad and stuff. https://twitter.com/i/status/1648733167468048385 Ya get all that, Karl? I know. It’s cringey to watch, am I right? The skinny is that Fetterman totally has auditory processing issues due… Read more »
Maybe next time you can put up somebody that can beat a stroke victim. Instead you losers had to go with Oz. lol
I know, right? 😉 Anyway Karl, assuming Fetterman won that election instead of Pennsylvania’s angry hoard of libtard weirdo flunkies just stealing it and stuff, the point is it all seems borderline abusive and eerily similar to the Jill/Joe Biden dynamic, doesn’t it? You know, where Jill insists on leading Joe around on a leash even when it’s abundantly clear all LGB really wants to do is sniff little girls’ hair and eat ice cream at his beach house in Delaware. 😉 Oh, and get this Karl. Turns out that during his hospitalization, Fetterman’s wife Gisele actually left the country… Read more »
“Instead is deflationary, which is worse than inflationary, especially for a currency. In fact. this is one of the major reasons people will not adopt it.”
Got it. So it’s your position that having money which DECREASES in value over time is somehow totally better than money which INCREASES in value over time. Ya know Karl, I think people with savings accounts would totally disagree with you on that one. You’ll never guess why. 😉
People that own an asset that increases in value do not want to spend that asset until absolutely necessary. If nobody is spending money, nobody has the incentive to produce things, which leads to a market slowdown and eventually a recession/depression. We had this occur numerous times when were on the gold/silver standard in the 1800s. This is super basic market economics, Silvia. You should take a middle school class some time.
Yowsers, Karl. Falling back on the famous “hoarding” theory of libtard weirdo monetary policy, huh?
Anyway, turns out Ludwig von Mises had a different interpretation concerning all that nonsense. I’d explain it to ya in more detail, but now that I’ve learned that middle school classes are your go to for your economics indoctrination, I’m totally sure it would all be way over your head and stuff. 😉
As it turns out, people don’t take Mises very seriously anymore. It’s been many decades since his work was relevant, and we’ve learned quite a bit more about how the world works. That’s pretty neat, isn’t it? Also, you might be interested to know that Freud is also outdated. Also, there’s been some updates to physics since Newton you might want to check out.
That’s nice, Karl. Say, speaking of learning from one’s mistakes, have ya heard the latest coming out of Budweiser? Well get this. They’re totally sorry now about that whole Dylan Mulvaney thing. So sorry in fact, they’ve brought the Clydesdales back and stuff and everything. It’s true, Karl. Hand to God. Check this out: https://twitter.com/i/status/1646958880654516226 So, didja like totally throw up in your mouth like I did? I mean, it’s totally obvious that Budweiser forced its libtard weirdo marketing team to work all last weekend – you know, just so they could come up with a commercial stitched together with… Read more »
Are horses, country landscapes, and an American flag supposed to mean something? Let me know when they actually backtrack and not just make a generic commercial
Uh huh. And 69 is totally just a number and stuff and not the punchline of the funniest joke ever, am I right Karl? Speaking of 69, remember yesterday when I told you that Elon Musk was gonna be sitting down with Tucker Carlson for a one-on-one and stuff? Well it totally happened and it was totally awesome. My favorite part was when the Muskinator totally took a shit on Mark Zuckerberg and Facebook about why they both totally suck and stuff. Here’s a taste. Oh, and no need to thank me, Karl. I live for this stuff. https://rumble.com/v2ivevi-elon-musk-exposes-mark-zuckerberg.html Ya… Read more »
You mean like Musk is doing on Twitter right now? lol
If ya mean by making Twitter a less useful tool for you libtard weirdos to censor people and their opinions you don’t like, then yeah Karl, just like that. 😉
“This is a lie.” Except it’s not, Karl. 😉 “It’s about half of the cost per mile for electric vs. gasoline.” Not when you factor in the increased sticker prices of new EVs, the cost of at least one battery pack replacement during the lifetime of the car, towing costs when ya can’t find a charging port when you need one, and electric energy scarcity due to you libtard weirdos disastrous positions on energy policy. You should ask the people still living in the People’s Republic of California about all that stuff, Karl. Go ahead. Ask them. 😉 “I don’t… Read more »
You’re moving the goalpost here. There are a ton of maintenance costs that you do not have to do with an electric car also. You should factor that in your analysis. Or not. I don’t care frankly. I drive an ICE vehicle myself.
“You’re moving the goalpost here.” Except that I’m not, Karl. “There are a ton of maintenance costs that you do not have to do with an electric car also.” Like what, Karl? Oil changes every seven to ten thousand miles? If ya do them yourself, that’s like $100 a year tops. Way less than the cost of a new battery back. Or a new EV. Oh. Wait. I forgot, Karl. You totally learnt your economic lessons from lefty, blue-haired, middle school teachers and not from the school of hard knocks like the rest of us did. Sucks to be you,… Read more »
“Cypto doesn’t have the edge here. It’s about as untraceable and private as paying cash. […]” Oh, I guess ya haven’t heard, Karl. The central banks and government thugs just invented this new thing for us plebs to spend. They call it a “central bank digital currency” and it’s all the rage in libtard weirdo circles and stuff. Oh, and guess what else, Karl? Its adoption will totally replace cash and will totally erase financial privacy and will totally make it impossible for regular people just like me to protect our monetary assets from future government thug intrusiveness. But I’m… Read more »
Yawn. Sounds like a libertarian crackpot and tax dodger problem.
Hey, speaking of crackpots and stuff, here’s a video of Dylan Mulvaney acting like a total spazzaroonie on the “Price Is Right.”
https://www.youtube.com/watch?v=2tAntcKymE4
Anyway, fun fact, Karl. Game show showrunners sometimes hire failed actors like the Dylanator to pretend to be contestants in order to bolster ratings and stuff. Maybe it’s just me, but I think “Jerry Springer” did it better. God, I miss that show. 😉
Wow, you really have a hard-on for her don’t you? I mean, there are plenty of actors and actresses I don’t give a shit about, but I don’t go around following their career and everything.
Ha ha ha. I see what ya did there. God you’re such a charismatic, mercurial rogue. I mean making use of a Saul Alinsky tactic of reversing blame by accusing me of doing the exact same things that you’re in fact doing yourself. Just genius, Karl. Just genius. I mean that. 😉 Anyway, guess what? Turns out the Dylanator’s not actually a girl at all. He’s really just a gay a dude who’s pretending to be a girl. Big difference. And a lot of feminists are starting to take issue with that. But I guess being a libtard weirdo means… Read more »
What is a woman to you, Silvia?
Oh, that’s an easy one, Karl. But instead of playing the game your way, I’m gonna tell ya what a woman isn’t. So check this out. A woman isn’t a confrontational, mentally ill man who one day decides to put on a wig and a dress and high heels and stuff and then demands that everyone around him be a willing participant in his blatant deception. Or else. Pretty simple, huh Karl? 😉
Wow, a lot of things can be women by this definition. I guess I am a woman now. Cool.
That’s nice, Karl. Anyway, in case you’re wondering, what ya just did there could be considered a form of the Affective Fallacy. You’re welcome, by the way. 😉
Ooh, the affective fallacy! I’m surprised you know that one, given your derision for the liberal arts and “useless” college degrees. It would entertaining as hell to hear you explain it, because it doesn’t apply to my comment at all. (Hint: I was using the literal text to make fun of your dogshit definition, not turning away from it…) I also tend toward impressionist critiques anyway (I think most people do), where the affective isn’t really considered a fallacy in analysis. I digress though, because you have no idea what I am talking about. Now, to be more accurate, I… Read more »
I know, right? But that doesn’t stop me from totally wanting more and stuff, Karl. God you’re so amazeballs. You have no idea. 😉
Anyway Karl, speaking of liberal arts and useless college degrees and stuff, guess what happened last week? Go ahead, Karl. Guess. Give up? Well it turns out that “Accuracy in Media,” a group dedicated to investigative journalism and citizen action and all things MAGA and stuff, recently uncovered a conspiracy amongst the libtard weirdos employed by several Indiana schools to sneak Critical Race Theory into the curriculum so they could teach it to other people’s kids. You know, cuz of course they should. Watch.
https://twitter.com/i/status/1646599580652572672
I’m sure a cut up video like that wouldn’t be taken wildly out of context by some nobody group like “Accuracy in Media.” No sirree.
And yes, I think our children should learn about the shitty things this country and society has done to minorities. That’s part of history, ya know?
Uh huh. That’s nice, Karl. Anyway, turns out that CRT isn’t about teaching kids anything at all that’ll be useful to them and stuff. It’s really about you libtard weirdos taking advantage of the captive audience made possible by government schooling so that you can fill the heads of other people’s children with magical libtard weirdo collectivist bullshit. You know, like the nonsense that all white people living today are all oppressors and stuff and entirely to blame for all the shitty things long dead white people did to long dead dark people and stuff. 😉 It’s an important distinction,… Read more »
What a shocker, you don’t actually know what CRT is, nor what is being taught in schools. How unsurprising.
The right really don’t know what it is.. But that don’t stop them from hating it
Uh huh. Thing is, I totally do Karl. I totally do. Anyway, totally Canada’s back in the news and stuff. You’ll never guess what the libtard weirdos running Ontario are doing there these days. Get this. It turns out now they’re parading around in pink high heels cuz they totally care about violence against women and stuff. You know, cuz of course they do. Wanna see the video, Karl? Sorry. There’s no audio and stuff. It is Canada, after all. https://twitter.com/i/status/1649112084330807298 Yikes, huh? Boy, if this doesn’t get ya totally stoked about packing your shit and moving up there and… Read more »
Ya got all that, Karl? Libtard weirdo school administrators decided they had to avoid certain words and labels which embrace the libtard weirdo collectivist ideology of diversity, equity, and inclusion cuz parents were starting to catch on and stuff. Pretty crafty, huh Karl?
Yikes. I guess that’s just more proof you libtard weirdos really are totally out for our kids, huh? Good thing homeschooling’s still totally a thing and stuff, am I right Karl? 😉
“Oh shit, that’s like everything a person could ever need!”
I know, right? 😉
“Damn, Overstock is on board now?”
Yup. They are. Boy, those tools sure do totally suck a pillowcase full of dicks, now don’t they Karl? 😉
“I guess that does it, we should all move to crypto.”
Yeah. I guess maybe we totally should, Karl. Well maybe not Jacks, though. You know, cuz crypto’s just so darn volatile and stuff. 😉
lol. You have fun with that.
In fact, you should make a video where you try to survive a month on crypto only. It would be totally entertaining. I would watch it. Well, probably not if you put it on that garbage Odysee platform.
“In fact, you should make a video where you try to survive a month on crypto only. It would be totally entertaining. I would watch it. Well, probably not if you put it on that garbage Odysee platform.”
Ha ha ha. I get it, Karl. I get it. You know, cuz consumers having more than one choice is totally ridiculous and stuff. So funny. 😉
Anyway, turns out that what you’re suggesting has already totally been tried and stuff. Successfully, I might add. Don’t believe me? Check this out. 😉
https://blog.wetrust.io/how-i-survived-for-a-month-on-only-bitcoin-e17ee92226cf
Having more than one choice– that’s the thing, isn’t it? For currency too. But the government outlaws every competing currency. And it’s working on outlawing crypto (see Ian.) So the market actually hasn’t spoken.
But knowing Karl, he’s got an answer ready. You know, to convince us why choice is bad. Just like inflation and debt are good. Am I right?
🙂 🙂 🙂 https://www.youtube.com/watch?v=SbgI3J59ZZc 🙂 🙂 🙂
😀
Oldie but goodie
https://youtu.be/d0nERTFo-Sk
Can you actually show where the government has outawed crypto? What a blatant lie lol
I know, right? Move along nothing to see here, right Karl? 😉
So to complete this challenge:
Have a landlord that accepts bitcoin (super easy, lol)Have your friends convert your bitcoin to fiatGet a debit card that converts your bitcoin to fiatPretend that rules 2 and 3 aren’t breaking the “No converting bitcoin to fiat” rule you set for yourself.Order food from a knock-off doordash delivery service.lol lame
Sigh, formatting is balls on this shitty wordpress blog. I’m done trying to fix it.
Uh huh. Ya know Karl, there was this one time when I bought this totally neat cuckoo clock with bitcoin. Oh, and get this – it didn’t just do cuckoo calls. It did eleven other bird calls as well. One every hour. God it was so awesome. The bad news is it broke a few years ago. But the good news is my two monk parakeets will do some of the bird calls for me if I feed them popcorn and stuff. Yay for me, huh? Anyway, speaking of things that’re totally boring, uncool, and totally suck ass and stuff,… Read more »
I guess you missed the point :
The point is that new things get rejected, always.
The things I mentioned got rejected.
They got rejected, the way *you are rejecting.
New things scare people.
Sometimes government stops new things, as with pot and electric cars
Crypto doesn’t exist physically like gold or paper.
That is a advantage.
The government is not banning crypto. They are making it harder to dodge taxes with it. I know libertarians don’t see the difference between those two things, but that doesn’t make it a reality.
It’s not banned. You just have to get the government’s permission and jump through hoops first, right Karl? 😉
You don’t need the government’s permission to buy or sell crypto. Even if you did, that wouldn’t be a ban.
Mmhmm. Sure ya don’t, Karl. Sure ya don’t.
Wompum is better than all of the above.
Agreed. Let’s move onto the Wampum standard Dave.
Here here!
Another round table of people who think their product is better than the other. Ridiculous. Every time a new currency pops it head out of the dirt. Ian jumps up and tries to push using the new currency
Two hours is..looooong.. Lol
two minutes is long for a toddler with the attention span of a flea LOL
Two hours is long for boringness.
And lameness.
It’s the choir preaching to the choir…
And laughing about the people that aren’t there.
Listening to nails on a chalkboard for two hours is long
buncha meanines
how could u do it to me im Boxxy u see
Utube star Physics Girl vaxxed up the wazoo faith in “the science!” is dramatically boosted after suffering horrible “long covid” as a result.
Blocked by both the NH Free State Project and the NH Libertarian Party Twitter accounts. #FREEDUMB
The “LONG COVID” CON
“my meel lots of them go to cheese to pissa in new yok shicago but they shut down restaurants. my meel went down there (ditch) 6000 gallons”
narrator: he sold all 400 cows.
they all need to line up against the wall, no convid amnesty
Blocked by both the NH Free State Project and the NH Libertarian Party Twitter accounts. #FREEDUMB
No one cares what you say..
Fiat currency should only be used for what it’s designated for: Fiats
Never Fords or Subarus.
silver d is my bro who cant walk balls too heavy
just like my bro joa
Shut up doofus
Today’s is Boston Marathon which inspired Boston Strong in Keene
Don’t worry about it. Don’t talk about how it really started because even the Grok is afraid to talk about it.
It’s very peaceful
Ramadan Bombathon 2023 Day 25 Attacks 114 Kills 585
Bukkake 9/11
YouTube star Physics Girl is shafted by the “LONG COVID” CON.
Then there’s justin belieber, they/they/theirs
he/him/his wife they/them/theirs
and iJustine they/them/theirs It seems they won’t remove first rib
Blocked by both the NH Free State Project and the NH Libertarian Party Twitter accounts. #FREEDUMB
“Boston Strong” Found in Contempt of Courtby Ian | Jul 4, 2015 | 12 comments
The Religion of Pieces
wonder when FSP/Carla gona kick will cooley out
“The Prophet said, ‘War is deceit.’” (Bukhari 4.52.269)
This is sahih or trusted if you will
Attacks 117 Kills 595 Allah is neither merciful nor forgiving. When the accusers heard this, they slipped away one by one, beginning with the oldest, until only Jesus was left in the middle of the crowd with the woman.10 Then Jesus stood up again and said to the woman, “Where are your accusers? Didn’t even one of them condemn you?”11 “No, Lord,” she said. And Jesus said, “Neither do I. Go and sin no more.” Attacks on American soil 2016.11.28 USA Columbus, OH 0 11 A Muslim immigrant goes on a stabbing rampage after expressing his desire to kill infidels. 2016.09.17… Read more »
Whatever
So says Bukkake 9/11
Welp, Aria gets 18 months.. I guess that puts Ian at about 60 once he is sentenced. Only banksters can transmit BTC, i guess
There’s been speculation that monsieur freeman could get anywhere between zero time to 30 years
The choice between cryptocurrency, precious metals, and fiat currency will depend on individual preferences and Snow Rider 3D priorities. Some may prefer the security and decentralization of cryptocurrencies, while others may prefer the stability and intrinsic value of precious metals or the convenience and wide acceptance of fiat currency.