"Regulations are NOT the solution to low-quality food. Bitcoin is."

You can replace the word "Bitcoin" with almost anything else and it'll make more sense.
- I wonder what he thinks Bitcoin will do. I assume they think it will just keep growing magically?
  
  I'm sure he's hoping that's true long enough for him to cash out and dip on the bag holders, yes

One of the biggest realizations I had in High School is there are two kinds of people who hate bullies: those who don't think bullies should exist, and those who want the bully's power for themselves.
So it it with crypto. These jerkoffs don't want to crush the corrupt monetary system, they want to supplant it with their own scam.
- It's a movement driven in no small part by rage. By people who looked at [the financial crash of] 2008 - who looked at the system as it exists - but concluded that the problems with capitalism were that it didn't provide enough opportunities to be the boot.
  All credit to Dan Olson's masterpeice video Line Goes Up - The Problem With NFTs. Now, if you'll excuse me, I've got to go watch the whole thing again.
  
  Danny O. is a treasure
- Yep, anyone who wants to change the rules stands to benefit from that change. It wouldn’t make sense otherwise.
  
  There's also the possibility they're just a good person.
- Oh it's like sovereign citizens

"Let them eat bitcoin"?

Bitcoin is to men what MLMs are to women.

I'll trade those cheap chocolate coins for your bitcoins, at a 1:1 ratio. Seems about the same value

"Bitcoin" could just as easily be swapped with "prayer" in this sentence, with the same implications
- Do you have time to talk about your bitcoins extended warranty, it now uses AI!

mhm and how would Bitcoin fix those problems though? Can those Techbros actually answer that?
- Value of number goes up, this fixes inflation somehow
- I think the argument he is trying to make is that with speculative investment driven to bitcoin, it will reduce hoarding over assets as an investment.
  Of course that leads to questions about why we allow assets to be hoarded and seems like a capitalism issue but you know
  
  Crypto vs houses also has the problem that the former is hard to reposses. So not great to base a financial system, where people will default/be scammers/etc on. But of course they consider this a pro not a con. As they are often "im mad gov spend some money (muh taxus!!!1!!) on stuff I disagree with" types. So hoarding would be worse but now in crypto. And there is no reason why speculation in cryptoshit and real estate cant exist both at the same time, like now in reality. Gold didnt fix housing, so why would bitcoin. But yeah, think they are the common clay of the new west.
  
  After reading The Ragged Trousered Philanthropists, I do kind of wonder if money should expire.
  Doesn't solve the problems of private property and capital, ofc.
- Easier to launder. Maybe. 🤔
  
  That's why my savings are all in undistressed jeans. Appreciates in resale with each use and machine-washable.
- We all fuckin know they can't but it's sure fun to watch the idjits try

My Uncle is like this, he's currentley living in the same building as me, I sometimes wonder what shit he's posting thats getting traced back to our IP that I will eventually get blamed for.
If we lived in the US, I'd be legitimately worried.

Given that he put no effort in finding some arguments, this is a case of "negative publicity is publicity too"?
- I would guess, yeah. But 80% of X looks like this, so I don't know what's engagement farming and what's normal posting in a community of radical idiots anymore.
  
  Damn, that's worse than i thought.
  At this point, shouldn't it be considered a acquired mental disorder?

Bitcoin was a typo, he meant beef tallow
- The beef tallow thing is painfully stupid...
  I have started to wonder if the fact that adding it back makes it so vegetarians and vegans can no longer eat french fries (that are made with it) had anything to do with that decision... Or was that just an "unexpected bonus" in their minds?
  
  I'm guessing that you're too young to remember. Lucky 10000! In the 1990s, McDonald's was under attack for a variety of anti-environmentalist practices, and by 2001 there was a class-action lawsuit against them for using beef tallow in fries from a coalition of vegetarians, vegans, and primarily Hindus who were deeply offended that they had been tricked into consuming what they consider to be a sacred animal. In a nutshell, it's a very racist and revanchist move, not just an anti-environmentalist move.
  Unlike normal, I can't link to good peer-reviewed articles on the topic. McDonald's is one of the few groups who can successfully control their Internet presence, and they've washed away these controversies as best they can. I almost feel like linking to this summary of the case on Wikipedia is unhelpful, since it's got so many apologetic caveats. They do this all over Wikipedia; McLibel or Liebeck are also heavily edited in favor of McDonald's. You'll have to explicitly add "hindu" or "indian" to search queries; for example, instead of "mcdonalds beef tallow", try "mcdonalds beef tallow hindu indians".
  
  It prob is a "some culture warrior/bodybuilder misread a piece of research and it turned into a culture war conspiracy" thing. Like soy. (My silly nickname predates the culture war stuff by several decades, it comes from Shadowrun).
  E: yes looked it up, comes via RFK of course and is anti seed oils thing. https://www.diningandcooking.com/1742624/america-stopped-cooking-with-tallow-for-a-reason/ and the anti seeds oil thing is an idea that has been spreading through the (far) right blogosphere for a decade or more (that is when I heard of it, so prob existed before that).
  Our friends of the pod at lw also joined in https://www.lesswrong.com/posts/DHkkL2GxhxoceLzua/thoughts-on-seed-oil (but it concludes the seed oil theory is full of shit, points for LW there, well done (dont read the comments, there is roundup in the seed oils)).
  
  I still don't understand what that was about, like do fries made in tallow taste better? Or at least noticeably different?

Bitcoin isn't fucking superman.

Isn't all money fiat?
- Anything that isn't is just bartering.
  
  Yes, or backed by actual PMs or other high-value assets. Which actually makes me wonder if those aren't fiat, too, considering artificial scarcity (De Beers and diamonds, for example).
- Ever since we understood actual scarcity of mineral deposits across Earth, yeah

If this guy is a CFA, I’d rather light my money on fire than let him manage it. I feel like the outcome would be the same anyway.
- I bet you're thinking of CPAs (not to be confused with CPAs or CPAs), who are the sort of folks that might manage money for the working class. CFAs are something different:
  The top employers of CFA charter-holders globally include UBS, JPMorgan Chase, Royal Bank of Canada, Bank of America, and Morgan Stanley.
  You shouldn't let any CFA directly manage your assets. Go to your local credit union and get free advice from their CPAs; they often have a standard path to wealth-building for their members, even those without much in the savings account.
  
  @corbin
  He may not be directly managing his clients' money, but he is probably advising them on how to invest. Badly.
- A burning pile of money at least has some warmth, though.

Wow I was with him at first lol
- Wow, Bitcoin was the solution for that. That is a first. Might have found a first real usecase.

Wow, coiners tried to parasitize YIMBY while I wasn't paying attention?