Cool Breeze wrote: Mon May 17, 2021 4:31 pm
What's your prediction, Aeden, on the coming 3 years?
You are here.
https://www.youtube.com/watch?v=2CbZqdqqidc
Do some research to what was the taken from the museum in Bagdad when Iraq was sacked.
It already happened and you never had a clue since as we conveyed.
Many reasons for this effect of disconnects. Advanced propaganda you never understood.
Meat bags for Iraq, Army, be all you can be. Meat bags for New York Police, be all you can be.
Patterns impossible to miss. Tighten labor pool for meat bags.
Madness of the crowds is a feature.
https://www.youtube.com/watch?v=xeVyfiP0cLk What Does That Mean?
https://www.youtube.com/watch?v=5-6adETiqTM cohort realities
Nobody cares about one or the other since we are seeking Utility.
In this sense we may say that causality is a category of action. The category means and ends presupposes the category cause and effect. In a world without causality and regularity of phenomena there would be no field for human reasoning and human action. Such a world would be a chaos in which man would be at a loss to find any orientation and guidance. Man is not even capable of imagining the conditions of such a chaotic universe.
Where man does not see any causal relation, he cannot act. This statement is not reversible.
Even when he knows the causal relation involved, man cannot act if he is not in a position to influence the cause.
The philosophical, epistemological, and metaphysical problems of causality and of imperfect induction are beyond the scope of praxeology.
We must simply establish the fact that in order to act, man must know the causal relationship between events, processes, or states of affairs.
And only as far as he knows this relationship, can his action attain the ends sought.
We are fully aware that in asserting this we are moving in a circle.
For the evidence that we have correctly perceived a causal relation is provided only by the fact that action guided by this knowledge results in the expected outcome. But we cannot avoid this vicious circular evidence precisely because causality is a category of action. And because it is such a category, praxeology cannot help bestowing some attention on this fundamental problem of philosophy.
https://mises.org/library/human-action-0/html/pp/617
We understand such critiques.
https://www.zerohedge.com/markets/bitco ... red-debate
Pandora’s Box
Such criticism, of course, strikes even more nerves (and claims of potential illogic) when precious metal professionals open the Pandora’s box of any conversation around Bitcoin, which has become, understandably, the sacred cow of many over-night millionaires and legitimately intelligent folks who, like us, distrust now obviously debased fiat currencies.
The Asset Question
As for being an asset, BTC provides no income, cash flow, dividends, or coupon interest.
Everyone, knows this, and everyone also knows that the same can be said of physical gold.
Bitcoiners, of course, rightly don’t care, as the money they’ve made is the key driver behind their “logic” and trade.
Candidly, few can fault such motives—but at least be honest: The BTC trade is precisely that—a trade, not an asset, store of value or currency.