Quote:
Originally Posted by jscott
No I'm not. I believe far future Bitcoin could be better form of daily especially micro but not right now, i like store of value, hold own keys, be own bank, permissionless.
My goal on GFY anymore is to correct the misinformation spread by people like you.
Maybe you're not reading too well ?
You're still relying on your bank, and what they allow you to use your money for (do you have any banking limits? atm withdraw limits?), luckily for you Thailand has more stable banking system than Zimbabwe or Venezuela. Bitcoin is a choice for everyone, globally, just because you feel your system is secure enough doesn't mean that everyone is in the same boat as you.
Ok so here you are, spouting like you're some Bitcoin genius while you haven't even used it, and you've only proven that you read Bloomberg or Forbes articles, you're getting views from the banking/gov side of things and not from the citizen side of things, for example a citizen in Venezuela who bought Bitcoin years ago for safe haven and watched as all his neighbors lost everything while the bolivar collapsed.
As for "other coins" have you not seen my stance about "other coins" here? I think 99.9% of them are money grabs, business opportunities (usually to create income for the founders)
while we're discussing my need to learn basic economics, can you name 1 country in the world that is NOT decreasing their fiat purchasing power???
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sorry - i can not teach you the basics before we discuss.
believe what you want but i can see that you miss the very basics of economy and knowledge what money is representing and how the money circle works.
just one simple fact: if nobody buys bitcoin tomorrow you will not be able to buy anything with it because the value is zero.
if nobody buys dollars tomorrow they are still there and represent the value the goods and the productivity of a whole country.
if you do not even understand that it is senseless to discuss with you.