I don't even know what point you're trying to make
humans need a medium of exchange because it saves us time and makes business move faster USD doesn't work if the Fed prints and bails out corporations and banks left and right It crushes the smart businessmen in the economy because they were forced to take on debt and then they go bankrupt while the corps say a float This isn't fair and will cause a brain drain into a more fair economy
like it or not we're connected through the internet our logistics and business is all through the internet and uses computers using gold is a custodial risk as we can't audit banks and 3rd parties all the time bitcoin is sending the actual thing to people and using it in a digital economy
Caleb Smith
Nice try Moshe, I will never spend a penny in virtual money, you do it and have fun I'll keep my gold bars hidden in the chest.
Lincoln Turner
Currently 1 BTC is trading at $6600+ USD. Cope. BTC is traded with other fiat currencies and cryptos. How much united states dollars to buy one BTC? Also if you dont have BTC in a wallet, you dont own it. Actually you are beneath me. How the fuck did you find your ass on /biz? Shouldnt you be mowing your lawn or clean your pool?
John Nguyen
BTC is controlled by the same Jewish whales that control Wall Street. You think your 10 coins mean much, but some of these Jews own a million BTC each.
If they panic, as all their friends are screeching and getting killed in the Stock Market, they will panic-sell and this will cause the price to dive. This happened 2 weeks ago when it plummeted to $4k.
Bitcoin is less safe than stocks. Trump will kill to keep the stock market afloat, while no one will give a fuck about Bitcoin.
t. BTC owner
Grayson Ramirez
Comparing block chain to asset backed currency. >Assets >Silicon encryption Everything you said is kike propaganda and demonstrably retard tier wrong.
You clearly don't know shit about the history of the FED in the US nor anything montary that happened prior to the 1980s.
Only retards and kikes want currency backed by nothing--only retards and goys support them in their endeavors.
Ian Reyes
tl;dr Fiat = Bitcoin and you're an idiot. yes, economic ponzy schemes always appear successful early on child.
Aiden Phillips
nice get >gold bars hidden in the chest you see money can be put towards something to gain value keeping gold in a safe isn't always the best idea if you want to build wealth
back in ancient sumeria the kings would spread their gold across the farmland to allow farmers to short sell their crops in case of a famine or natural disaster the king collected a percentage because he diversified his risk across all his land
If something bad happened the farmers survived because of this economic instrument it created stability and sustainability to build cities and culture and trade
It is important that our culture is backed by a hard asset like gold or bitcoin so that we can use these instruments for stablity and grow
Look at the 10 year treasury bonds they're at like 0% that isn't sustainable why is America open to all the immigrants? It's because our economic system isn't sustainable Keynesian economics requires constant growth. We can't go through an economic down period so they're debasing the currency
Brody Rivera
Sorry buddy. We’re never going back to the gold standard.
Thomas Thompson
>you're an idiot. Yeah good argument buddy. You really made a contribution there.
Christopher Jones
The difference is the Dollar can be printed over and over, Bitcoin cant. thus there will never an inflation, you'd only loose money due to lack of "owner" trust and people withdrawing from bitcoin. In hard times like right now, it's just better to buy bitcoin. Why should i wait until my real money is nothing worth anymore? If I buy bitcoin right now while the dollar is inflating, I keep alot of the value, actually if peoples trust in bitcoin grows i Actually make money and once the dollar stabilizes/new currency beeing introduced I can switch back again.
