16 years. If you study and follow the arguments, you’ll find that anti-bitcoin partisans have been lying. They always lie or mislead, either out of ignorance or loyalty to shiny rocks and paper, or because they’re trying to quell the market while they buy it up on their own.
All the worst type of horrible Deep State MMTs are against it too. When Gates, Munger, and Buffet are on one side, I don’t even need to know what the argument is; I’m son the other side, since I’m against the forces of evil.
My new tagline should be Bitcoin : 1 - Charley Munger: 0.
But digital assets and digital money are here, and they’re not really new. It just took decades to figure out how to do it, and another decade to mainstream it.
But pick your best bitcoin criticism and put it on a short time horizon, simply as a test. You’ll find that 100% of the time, the anti-bitcoin forces are proven wrong. This isn’t a prediction, but a verified fact based on historical track records.
Anti-bitcoiners are batting .000.
I don’t really follow the “anti-bitcoin partisans”. I just use my own common sense coupled with my understanding of the history of the creation of money and past boondogles.
I’m not “against” it, per se. I just can’t make it make sense, when coupled with my understanding of human nature and history. I have a friend that has been a HUGE proponent for a very long time. He’s never sold any, and I know he was into it at least 13 years ago. But if he’s never sold any, it means he is not yet reaping the benefits - in the same way that if you have ten million dollars worth of Microsoft stock, but have never sold any, you have not yet “realized” its value.