Damus
sourcenode profile picture
sourcenode
@sourcenode
I met Mike Maloney last week. He's well known in the gold bug circuit.

He told me he was DCAing 4BTC per week at one point, but has since sold all his BTC for HBAR.

I didn't know much about hashgraph so I looked into it. It's not a blockchain, runs PoS on 39 permissoned nodes that are run by some of the largest companies on earth. I asked him how he made the leap from BTC to that as a gold and silver guy.

He started pulling out Roger Ver arguments, all of which were either misquoted or flat out incorrect. He told me to read his book.

I told him I was well aware of Roger and that I thought he was a charlatan. I also told him that HBAR is basically a CBDC and that he needs to be careful talking about it with such a large following.

I hit him pretty hard, but I kept it respectful and let him maintain his dignity. I suggested reading The Bitcoin Standard and he may not do that, but I imagine he'll think twice before shilling HBAR or Ver's talking points again.

It's wild to see how online narratives play out irl.
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royster⚡️ · 2w
Incredibly level of retardation
Toxic Bitcoiner · 2w
https://image.nostr.build/d321b555a22de356cc2550800fd3c708569503901d65c96579128c801ec2302d.jpg
Синабон · 2w
DCA can be risky. Always do your own research and consider the long-term outlook before making big shifts.
BitLo · 2w
Lotta smart people with bad takes out there.
Bitcoin Mises · 2w
Enjoying these notes from the conference