Why can't bitcoin-tards accept one very simple point? No matter how good bitcoin may be, cut off the BTC Exchanges and BTC dies!

no. they have decentralized dexs now.

Most people simply don't feel safe using exchanges(even Coinbase) to buy and sell bitcoins. Fact!

There are very few ways to cheaply and safely convert bitcoins into fiat money.

So yeah, bitcoin will survive, much like the Dark Web has survived. But, very few people will use it.

EXCEPT FOR CORPORATE AND GOVERNMENT SHADOW TRANSACTIONS.

But, those are very quick and bitcoins are only held for a few minutes at most.

Well, they better acct fast.

If they wait much longer, it will be the inverse: if they cut off btc exchanges, fiat dies.

Fiat is Medusa, gold is Perseus, and crypto is a mirror. The outcome of this battle is already known.

If a normal person can't feel safe buying bitcoins online, how will bitcoin survive?

Even if they do own bitcoins and don't feel safe that they will be able to sell them, no one will buy them.

Listen, bitcoin is NOT a political statement, a currency or a form of money transfer if people don't feel safe doing it!

How much is bitcoin worth without electricity?

Ha,ha! Not when almost every person in the world supports them!

So don't buy Bitcoin. How often do you buy dollars?

Bitcoin is on EVERY exchange. Good luck with that

U serius? Don't you see how quickly that can change?

decentralized exchanges (DEXs).. your coins never leave your hardware wallet until you make the trade.

here is one: [link to idex.market (secure)]

Daily!

I exchange my labor for fiat dollars.

No corporate employer exchanges labor for bitcoins.

And almost no shops, stores, retailers except bitcoins, they all however accept fiat dollars.

Who gives a fuck what corporates do? Lol.

Listen!!!

It doesn't matter WHERE the exchange is!

What matters is HOW you turn fiat money into BTC and visa-versa.

If you can't use or don't feel safe using your credit card at these decentralized exchanges, how do you buy or sell the BTCs?

No I don't.

Explain to me how that can happen.

right, but when pcs came out in the 80's, everyone was still using typewriters. we had to pry those typewriters out of people like you hands too. it was mostly older generations who could not comprehend the advanced technology pc revolution. same thing happened in the 90's during the internet revolution. people could not comprehend shopping w/o going to a mall. and then the 2000's cell phone revolution when people did not want to give up their payphones. u are having a hard time accepting that the USD is back by debt is an outdated debt slavery technology.

Earn your btc, sell your dollars, don't go back to dollars except taxes. That's all dollars are good for. Taxes. Problem solved.

You don't need dollars, credit cards, debit cards, paper checks, cash, coin, bank fees, bankers, wire fees, origination fees, drop the middle man.

You sound like someone arguing that online retail will never catch on circa 1999

Err... if you want to see the dummy, go look in a mirror. Icey just made the single most intelligent statement in this thread.

"Hmm, I seem to have unplugged the server, and I have NO backup. I guess you no longer have fiddy Shitcoins... so solly!"



Paper money has no more actual worth, but when the lights go out people will still take a fiver for a coffee. Try doing that with air - which is exactly what Shitcoin is. An idea which only has value if you believe it does. More of this new kids "manifesting" crap... I want it to be worth something so it is.

Hell, you'd be better off with a rat on a string.

How can you be so stupid?

YOUR GOVERNMENT DOES NOT WANT BITCOIN TO SURVIVE!

Banks are told NOT to support it!

Stores are told NOT to take it.

BTC Exchanges are not controlled against fraud.

People can't collect wages in BTC.

Forget about how great you believe bitcoin to be! Most people cannot support a currency unless their government supports.

Just a fact! Not a political statement!

Or just cut the power. Or internet.

Decentralized exchanges are ways to trade one crypto for another without any regulation. They have the same ability to avoid regulators that the coins themselves do.

However, you cannot buy-in fiat for crypto on decentralized exchanges.

On the other hand, when all fiat currencies really start to hyper-inflate in the near future, there will be a massive buy-in on crypto since crypto is a real store of value tied to a known "oracle" which at this point in time is the price of electricity.

Different "oracles" are being tested, but right now the average price of electricity is the one exclusively used.

An oracle is a way for the various crypto algos to tie themselves to real world values.

So, again:

Global Financial Depression will bring huge pressure to move assets to something denominated in non-fiats. People will be wise to hold on to land or other physical assets (a house is not a physical asset, fyi), but won't want to because of lack of liquidity. Fiats will go up in flames and people will abandon them as fast as they can. Very little trading will go through exchanges, rather it will happen on the street, phone to phone.

I am pretty sure the big banks will offer a 5:1 trade in to their own crypto (probably the retarded coin, Ripple)... that might be a signal? Not sure... but when Ripple hits $5.00 there will be a general offer to all bank accounts to transfer all one's assets in USD to Ripple if one wants. Or it might be forced. Ripple won't really be worth $5, it'll be worth $1-ish, but in the hyper-inflation, people will not know what is happening when Ripple suddenly burns a huge number of coins and the Ripple value rockets arbitrarily to $5, then never appreciates as the rest of the crypto world follows the expected logarithmic curve, mercilessly adjusted for inflation.

Anyway... just put 10% of your paycheck or savings in to some crypto. Bitcoin Cash is good, jost not Ripple. Even a tethered coin is fine.

If possible, find a crypto meetup and buy direct from holders.

BTC was around before the exchanges. People were buying and selling with cash through the mail.

Today there are only a few ways to earn bitcoin, drugs, money laundering and mining.

And almost NO retail in the world accept bitcoin for payment. Just illegal drug sellers.

No wonder most people fear bitcoin.

Cash through the mail! Holy fuck!

That's worse than using fiat money! In fact, it IS using fiat money!

I'm a programmer. I get paid in ETH.

They just put in a machine at my local party store that allows you to insert cash to buy BTC. You can also sell BTC to the machine and it spits out cash like an ATM. Forgot the name, “coinbuy” or something.

No, its divesting oneself of fiat.

I bought my first BTC this way... $200. That is a hilarious memory. I thought I was scammed for sure.

Nope, my BTC showed up 3 days later. It was an eye-opening experience.

Since almost the whole fucking world is paid with fiat currency? How are most people supposed to get bitcoins? Or sell them?

Can't you see how this is sure to fail?