What tangible properties does Bitcoin have?No government in history has stopped people from trading how they like, not one ever (except by genocide)
It's great forever, they "outlawed" gold, didn't last forever
What tangible properties does Bitcoin have?No government in history has stopped people from trading how they like, not one ever (except by genocide)
It's great forever, they "outlawed" gold, didn't last forever
It's made by energy, can never be destroyed and is proved algorithmicallyWhat tangible properties does Bitcoin have?
NGU… nowIt's made by energy, can never be destroyed and is proved algorithmically
And what can you do with it?It's made by energy, can never be destroyed and is proved algorithmically
Buy things from other peopleAnd what can you do with it?
That's interesting. Where are you spending yours at?Buy things from other people
Do you need an economics 101 lesson?
Keep the hard store of value. Spend the weak made up stuff. (Mayer Multiple is 1.25)That's interesting. Where are you spending yours at?
So the ability to spend it is very limited. And as has happened repeatedly the value can swing wildly with market news.Keep the hard store of value. Spend the weak made up stuff. (Mayer Multiple is 1.25)
Spend…. Trade……24/7. 365 anywhere on planet. Are you saying you want a coffee ️?So the ability to spend it is very limited. And as has happened repeatedly the value can swing wildly with market news.
Seems like it’s taken quite a few places, but I wouldn’t say everywhere and anywhere and certainly nowhere near convenient.Spend…. Trade……24/7. 365 anywhere on planet. Are you saying you want a coffee ️?
Note: we are talking worldwide. People have gold, 401k , bonds, houses that are snail liquidity. People don’t have access to rails. Just think we still have places on earth with no electricity or running water. If they did….Seems like it’s taken quite a few places, but I wouldn’t say everywhere and anywhere and certainly nowhere near convenient.
Sure you can.Spend…. Trade……24/7. 365 anywhere on planet. Are you saying you want a coffee ️?
Not reasonable to compare Bitcoin to real estate. People can't live in a Bitcoin. To spend Bitcoin in most places will require converting it to fiat currency. Not reasonable to compare to 402k's or bonds either. You may make money on Bitcoin IF it's value continue's to rise. Or the bottom might fall out.Note: we are talking worldwide. People have gold, 401k , bonds, houses that are snail liquidity. People don’t have access to rails. Just think we still have places on earth with no electricity or running water. If they did….
Sure if you’re talking about the African Sahara I still think cash would be better than bitcoin there. But that’s not the places we’re talking about. I said it’s more accepted now than it used to be but still not super convenient.Note: we are talking worldwide. People have gold, 401k , bonds, houses tha are snail liquidity. People don’t have access to rails. Just think we still have places on earth with no electricity or running water. If they did….
Your correct its meant to be $ RE is not. Is being house poor living? If you want chips spend dollars. 7-11 takes no gold or pension statements. Why use a semi to grocery shop when you can use a compact.Not reasonable to compare Bitcoin to real estate. People can't live in a Bitcoin. To spend Bitcoin in most places will require converting it to fiat currency. Not reasonable to compare to 402k's or bonds either. You may make money on Bitcoin IF it's value continue's to rise. Or the bottom might fall out.
I don’t know how many European controlled currencies they have in Africa lord. Colonizers have not helped them. You do have a point. It can be whatever is needed.Sure if you’re talking about the African Sahara I still think cash would be better than bitcoin there. But that’s not the places we’re talking about. I said it’s more accepted now than it used to be but still not super convenient.
I don’t know how many European controlled currencies they have in Africa lord. Colonizers have not helped them. You do have a point. It can be whatever is needed.