She set herself a sweet gig of collecting mining profits instead of taking just one time payments. Probably the only way she can take a recurrent payment as a sexworker.
Reminds me of the film, The Big Short, where the main characters find out from an adult entertainer that she is buying multiple houses.
The interviewer asks this woman about the future of Bitcoin when she's clearly not an expert because shes says, Bitcoin "will be too high for individuals to invest in." One could buy a fraction of a Bitcoin to "invest" as little as $5.
The question is not whether we're in a bubble, but when it will pop.
> the big short wrote that stripper to appear ignorant of the circumstances she was in
While this article doesn't appear to be painting the same kind of picture, it appears that both people have similar levels of knowledge about the subjects they're dealing with.
If the article showed that she knows how Bitcoin works - keys, signing, etc (something on the same level as explaining credit default swaps), then I would be impressed and give more weight to her thoughts on the subject.
However, she said that Bitcoin "will be too high for individuals to invest in." I don't see why that would be the case at any price, as people can buy fractions of a Bitcoin.
> If the article showed that she knows how Bitcoin works - keys, signing, etc
you fault the person being interviewed for the job of the interviewer?
bitcoin is more than 'keys, signing, etc[sic]'
from tfa:
> I have been making my clients mine for me for a couple of years.
> I take donations and also have people mining for me. I take a lot of geek clients who like new technology and they were really excited when I taught them how to build a mining rig for me
this person states over a period of years she has amassed 1M+$ having taken donations in cryptocurrencies, shipped a successful remote mining pool, and even taught others how to build their own mining rigs and your response is the article needs to show she knows about 'keys'?
how do you propose someone does those things while also being ignorant of, what i assume you mean by 'keys', public key cryptography? that would be incredibly impressive in its own right
here is the full quote you keep referencing:
"Everyone is now interested in bitcoin because the growth has been exponential. Soon it will be too high for individuals to invest in, so you have to invest in others. I think it’s smart to have diverse portfolios of currency. "
> The interviewer asks this woman about the future of Bitcoin when she's clearly not an expert because shes says, Bitcoin "will be too high for individuals to invest in." One could buy a fraction of a Bitcoin to "invest" as little as $5.
I'm confused?
But 'this woman' is completely right
at ~15k$/btc only the wealthy are able to invest
Did you put quotes around "invest" because you think btc is a bad investment?
Or to protect you from people saying:" 'this man' is clearly not an expert because he thinks 5$ is an investment"
I equate buying digital currencies hoping that they will go up in value as gambling. I do have some, so I am also gambling on it, but I would not call it an investment.
Anyone can buy any amount of BTC. One does not have to buy in whole numbers with 15k$ or more. That's like saying only rich people can buy gold. Completely false.
Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out.
Actually, this is untrue.. a Satoshi is the smallest denomination of btc
> That's like saying only rich people can buy gold
It's more 'like' saying "only rich people can invest in gold"
That's why ETFs and mutual funds exist: so other people can invest in those so the wealthy people who own them can invest in gold then distribute the gains
>Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out.
Considering the misinformation you are spreading and your claim to be 'gambling' with 'some' 'digital currency' it sounds like you are describing yourself
In the gp you claimed "she's clearly not an expert"
Can you at least admit Theodora: someone who moves 1M+ worth of assets between multiple currencies based on first hand market research and future potential of direct and peripheral regulation; exhibits more expertise on the subject of cryptocurrencies than you?
12 comments
[ 0.83 ms ] story [ 46.0 ms ] threadThe interviewer asks this woman about the future of Bitcoin when she's clearly not an expert because shes says, Bitcoin "will be too high for individuals to invest in." One could buy a fraction of a Bitcoin to "invest" as little as $5.
The question is not whether we're in a bubble, but when it will pop.
the big short wrote that stripper to appear ignorant of the circumstances she was in
This dominatrix teaches her submissives how to build mining rigs and has cogent opinions on cryptocurrencies and investing strategy
If the big short was reminiscent the stripper would have explained how she was heavily invested in credit default swaps
While this article doesn't appear to be painting the same kind of picture, it appears that both people have similar levels of knowledge about the subjects they're dealing with.
If the article showed that she knows how Bitcoin works - keys, signing, etc (something on the same level as explaining credit default swaps), then I would be impressed and give more weight to her thoughts on the subject.
However, she said that Bitcoin "will be too high for individuals to invest in." I don't see why that would be the case at any price, as people can buy fractions of a Bitcoin.
you fault the person being interviewed for the job of the interviewer?
bitcoin is more than 'keys, signing, etc[sic]'
from tfa:
> I have been making my clients mine for me for a couple of years.
> I take donations and also have people mining for me. I take a lot of geek clients who like new technology and they were really excited when I taught them how to build a mining rig for me
this person states over a period of years she has amassed 1M+$ having taken donations in cryptocurrencies, shipped a successful remote mining pool, and even taught others how to build their own mining rigs and your response is the article needs to show she knows about 'keys'?
how do you propose someone does those things while also being ignorant of, what i assume you mean by 'keys', public key cryptography? that would be incredibly impressive in its own right
here is the full quote you keep referencing:
"Everyone is now interested in bitcoin because the growth has been exponential. Soon it will be too high for individuals to invest in, so you have to invest in others. I think it’s smart to have diverse portfolios of currency. "
I'm confused?
But 'this woman' is completely right
at ~15k$/btc only the wealthy are able to invest
Did you put quotes around "invest" because you think btc is a bad investment?
Or to protect you from people saying:" 'this man' is clearly not an expert because he thinks 5$ is an investment"
Or perhaps for some other reason?
Anyone can buy any amount of BTC. One does not have to buy in whole numbers with 15k$ or more. That's like saying only rich people can buy gold. Completely false.
Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out.
Actually, this is untrue.. a Satoshi is the smallest denomination of btc
> That's like saying only rich people can buy gold
It's more 'like' saying "only rich people can invest in gold"
That's why ETFs and mutual funds exist: so other people can invest in those so the wealthy people who own them can invest in gold then distribute the gains
>Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out.
Considering the misinformation you are spreading and your claim to be 'gambling' with 'some' 'digital currency' it sounds like you are describing yourself
In the gp you claimed "she's clearly not an expert"
Can you at least admit Theodora: someone who moves 1M+ worth of assets between multiple currencies based on first hand market research and future potential of direct and peripheral regulation; exhibits more expertise on the subject of cryptocurrencies than you?
Why did you choose this article to strawman?
https://youtu.be/StZcUAPRRac
I feel it's unfortunate that this got killed and also that it's unclear why
This is a unique voice being heard within this community
Anyone care to discuss why they killed it?