Welcome to General Chat - GAW Community Area
This General Chat area started off as a place for people to talk about things that are off topic, however it has quickly evolved into a community and has become an integral part of the GAW experience for many of us.
Based on its evolving needs and plenty of user feedback, we are trying to bring some order and institute some rules. Please make sure you read these rules and participate in the spirit of this community.
Rules for General Chat
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Be respectful to each other. This is of utmost importance, and comments may be removed if deemed not respectful.
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Avoid long drawn out arguments. This should be a place to relax, not to waste your time needlessly.
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Personal anecdotes, puzzles, cute pics/clips - everything welcome
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Please do not spam at the top level. If you have a lot to post each day, try and post them all together in one top level comment
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Try keep things light. If you are bringing in deep stuff, try not to go overboard.
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Things that are clearly on-topic for this board should be posted as a separate post and not here (except if you are new and still getting the feel of this place)
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If you find people violating these rules, deport them rather than start a argument here.
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Feel free to give feedback as these rules are expected to keep evolving
In short, imagine this thread to be a local community hall where we all gather and chat daily. Please be respectful to others in the same way
Rules For the rest of the Site also accessible on the sidebar.
Election Countdown special! High quality wallpaper for your enjoyment.
Today's wallpaper is Pepe Trump to the Rescue !
Whether Bitcoin is bullshit or not depends on what you believe Bitcoin is.
If you think Bitcoin will make people filthy rich - bullshit
If you think Bitcoin will be the currency that frees us from the Banksters - bullshit
If you think Bitcoin gave humanity a taste for what freedom might look like - it absolutely did.
Will Bitcoin be the crypto of future? No way.
Can you use Bitcoin for fun ? Yes, if you dont mind wasting some money along the way,
Will decentralized digital currency be the way of the future? Absolutely.
Trump has always talked about crypto in general, never focusing on Bitcoin specifically. His message has been that crypto is an important technology in future, but if you listened to his podcast on Sep 17th there were some powerful hints:
Trump subtly hinted that while crypto is important, AI is more important than crypto
That crypto is not about making people filthy rich
Its all about debt. Crypto is the way to allow people access to low risk sovereign bonds without bankers in the middle
Properly implemented stablecoins - which are actually digital currency backed by treasury bonds - is the future
Right after they mentioned that, Don Jr immediately jumped on it and said "Not the petro dollar" - clearly hinting that we are talking about constitutional dollar, not the Fed FERNs.
As for Trump paying in Bitcoin? There is no reason to alienate the crypto community by going out of his way not to use Bitcoin. If Bitcoin is suitable for something, there is nothing wrong is using it for that, esp if it makes the Gen-Z cryptoboys really happy.
I mean, I see youngsters positively giddy that someone in the establishment is "on the little guy's side". The kind of comfort they get seeing Trump push crypto is priceless.
I dont believe Bitcoin will go anywhere, but I do have a bit of it in my wallet along with XRP, Doge and a few assorted cryptos. I do use them every once in a while, but very rarely. Do I think anything will come from them? No. Do I think they might be at least mildly useful ? Yes.