It is hilarious that this was removed. Anyone can see what i wrote by replying to the comment. Please mods, explain what rule i broke.
It is hilarious that this was removed. Anyone can see what i wrote by replying to the comment. Please mods, explain what rule i broke.
You caught me, I’m an evil bot that has been programmed to evilly trick humans into doing things that will make them money. Over 99.999% of people who have bought bitcoin and held onto it are profitable. Ooooooo scary!!
Lots of people spend currencies that go up in value. Believe it or not, people sometimes want stuff now instead of the possibility of stuff later.
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It is steadily growing over time. There were people who ridiculed it and said nobody would ever want it, and it would never be worth a dollar.
It makes sense that you didn’t know what a Satoshi is. In fact, you may still not know what it is. There are 100 million satoshis in one bitcoin, so one satoshi is 0.00000001 BTC.
Yeah, there have been lots of predictions for bitcoin and people trying to guess specific time periods. I don’t get into all that.
I just think it is badass to be able to hold value in something that nobody can counterfeit, I can instantly and privately transfer it. I can use it on amazon, Walmart, airbnb, Expedia, and a bunch of other places. I can carry it on my phone with me and protect it even from physical phone thieves. and on top of being totally awesome, it has steadily gone up in value as more and more people all over the world realize how cool it is. It is like an awesome game of spoons where we all end up winners because we all have a much more convenient form of money.
The people who use bitcoin think in Satoshi now. There are many wallets and exchanges that allow you to denominated in sotishis. mBTC is another common denomination that people use and think in.
It is true that bitcoin is starting out volatile, but it is still so early when you consider how long major currencies usually last. Things should settle down more and more as it becomes a larger and larger percentage of the economy. I bet gold probably started out pretty volatile, considering some people knew to value it and others didn’t.
Believe it or not, it can be and is used as both. If you have any other questions or things you think won’t work, just ask! A lot has happened in the last 5 years, and most issues people have with Bitcoin have been long ago solved. It is incredible how much different things are now, lots of old issues(like dealing with 0.0000015 issues) are no longer a problem.
People already think in Satoshis. It has been this way for many, many years.
The lightning network on bitcoin is where most people should be transacting with bitcoin. It won’t fill up with any number of users, transactions are instant(less than a second), and very cheap(even when bitcoin fees are high). Nearly everyone who talks confidently about how bitcoin can’t scale is unaware of lightning and other developments over the last 5 years.
There isn’t a government run currency on the planet that has come anywhere remotely close to performing as good as bitcoin in the last decade. Give me something that goes up in value over something that only “slowly” falls in value like the EU or USD.
Their beepers DID go off.
It must be nice to have such an innocent view of the world. When powerful people stop average people from having conversations, it is not a good thing. It doesn’t matter how much the internet tells you socialism and dictatorships are good, stopping discussion is bad.
Yeah, except I have no agenda. I just find it interesting that people who act like a disgusting regime is somehow doing the lords work because they are shutting down millions of people from having discussions because people don’t like musks’ childish attitude. It’s just that it is hip to see who can hate musk the most. X is a popular way to immediately get what you want out to millions of people. Some governments don’t want people to openly discuss things, and siding with stopping discussion is disgusting.
It helps all of us if there are fewer echo chambers. I know, I know, to you it’s not an echo chamber, but sadly that’s exactly what it is when anyone who disagrees with the majority is ridiculed and their points are ignored. I understand the comfort of just agreeing with the majority to try to feel like you are always right, but it’s simply not real.
Sure, I have no problem with that.
Hypotheticals are not bad. Thought expirements are not bad. Repeating things you hear from people just because they tell you to, that’s bad.
Clearly. The 3x lol really makes that obvious.
Hypothetical. Look it up. It is commonly used in discussions. Don’t let new words scare you.
David L. Mayer, David Faber, Brian Hoods, Jonathan Turley and Jonathan Zittrain.
Tell me about these people and what they all have in common.
Try this prompt