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  1. Prefect

    Aussie entrepreneur opens up restaurant to air his dirty laundry. Opinions?

    This makes opening a chain like McDonalds or something similar seem magical. I think I have only seen a few McDonalds ever close. They had an incredibly high survival rate. Corporate really does their homework when locating real estate for people buying into the franchise.
  2. Prefect

    Television X-MEN '97 (First Official Trailer, post #292)

    It isn't that they can't but it is time consuming and expensive. Just as everything went to photoshop design, everything is going to go to AI assisted animation. This is both good and bad. Everything will start looking a little similar but the expense required to make something, even indie...
  3. Prefect

    Billionaire Dies After Accidentally Backing Tesla Into Pond

    With her dying breath, she screamed "Fuck the poor and leave Trump era tax cuts in place for the wealthy even though they contribute to unsustainable deficits. The world can't function without its billionaires." Upon, further investigation, it was discovered that she didn't yell this but it...
  4. Prefect

    Social Do you think you can survive one year in the wilderness by yourself?

    The answer that I learned from watching the show Alone is that for even trained people it is very hard. Probably, no one here would last a year by themselves in the wilderness unless they were given supplies and tools.
  5. Prefect

    Anyone ever bought Bitcoin?

    It has no use as currency because no one cares about it becoming a currency. It is self defeating. The moment that the it stabilizes and isn't like playing pull tabs or the lotto is the moment people need to consider its pros and cons as currency of exchange, why nearly nobody can be bothered...
  6. Prefect

    Anyone ever bought Bitcoin?

    Basically, everyone wants to be the first into a crypto or pyramid scheme. Anyone in on the scheme won't be critical of it or be realistic in its portrayal because its price solely depends on finding someone to buy your bag. It is not a business that sells a product or service to the public...
  7. Prefect

    Anyone ever bought Bitcoin?

    This is not reality. You are creating a fictious threat to justify people abandoning not just conventional banking with its regulation and protection but to also abandon the most globally accepted current, the U.S. dollar. This is like thinking it makes sense to cut off your nose to spite...
  8. Prefect

    Anyone ever bought Bitcoin?

    And they should and have. The best ideas of crypto are best implemented without using blockchains. Blockchains are too cumbersome, slow, and expensive to keep up with the number of transaction that take place in real life like with credit cards for example. Going to a trustless system is...
  9. Prefect

    Anyone ever bought Bitcoin?

    The problem is that the concept of a digital currency totally makes sense, but it is much easier to implement within the traditional banking system than outside of it. FedNow allows for instant and cheap money transfers. More systems will enable similar smooth transfers. The problems presented...
  10. Prefect

    Anyone ever bought Bitcoin?

    Tulips.
  11. Prefect

    Anyone ever bought Bitcoin?

    Moving goalpost.
  12. Prefect

    Anyone ever bought Bitcoin?

    Cool. No one is going to ever use when you have a federal digital dollar system like FedNow and international systems getting put in place, and other third party services like Venmo and Paypal, paymencento, and others. It is something that is trying to provide a solution for something that...
  13. Prefect

    Anyone ever bought Bitcoin?

    What reason would it have any real value? It is digital fiat. Magical tokens pulled out of thin air with no backing or governing body to regulate their price to allow them to be used as a non-volatile currency? No one wants them to have a steady backed value that would facilitate their use as...
  14. Prefect

    Anyone ever bought Bitcoin?

    Go hard and long on futures. You would be able to buy $500k bitcoin futures for almost nothing. If you are so brave to ignore the fraud, grift, and lack of a use good use case, do it and get rich as you claim you will.
  15. Prefect

    Anyone ever bought Bitcoin?

    It never will. The world only has a limited supply of fools to hold the bag.
  16. Prefect

    Anyone ever bought Bitcoin?

    I never said it wouldn't bounce around. But just that it is as dumb as buying lottery tickets or pull tabs because it isn't used as a currency but just of an object of speculation. We are 12 years into bitcoin and it has near no adoption compared to regular currency or even grocery store...
  17. Prefect

    Anyone ever bought Bitcoin?

    All bitcoiners have this retroactive view of investing which ignores going forward. Imagine someone thinking that Microsoft is going to explode again because 30 years again they made Windows or BP is going to explode because they struck oil in Iran 80 years ago.
  18. Prefect

    Anyone ever bought Bitcoin?

    You are playing the what-if machine which makes any venture that panned out look amazing. You would have similar huge gains to companies that are on the cusp on bankruptcy and managed to recover.
  19. Prefect

    Anyone ever bought Bitcoin?

    Buttcoiners would lead you to believe that the only way to make money is with bitcoin, which is 12 years in and with little to no use as a currency. Its future is hazy at best but no one is talking about how other stock in well understood companies like NVIDIA are killing it. My year on year...
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