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Message Subject 30%-40% crypto drops are normal
Poster Handle Nyblazer
Post Content
Exactly and that’s my whole problem with crypto.

I’ve yet to see anyone really explain what exactly it could ever offer that traditional fiat money can’t. What could Bitcoin ever do substantially better than fiat cash? Digital transfers? Basically 90% of shit we pay for via fiat is already done digitally via credit and debit.

It can’t be manipulated is the other argument? Well clearly it can lol.
 Quoting: Nyblazer


BTC is the ultimate HARD MONEY store of value.

It is not transactional. Use Litecoin or something for buying your Starbucks.

BTC is HARDER MONEY THAN GOLD, because it has ABSOLUTE SCARCITY, where gold does not (and there may well be far more gold above ground than we are led to believe.)

It is also permissionless and peer-to-peer. No skeevy middlemen "wetting their beaks."

Just listen to a few Michael Saylor or Max Keiser videos, and you'll get it.

Or not.

drevil
 Quoting: Anonymous Coward 79423050


Lol GOLD is GOLD. It isn’t something that was developed on a computer on day by someone. It’s a natural scarce earthly element.
 
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