Quote:
Originally Posted by Tasty1
What is the purpose of Bitcoin? Not a payment system, too slow and expensive.
"What is the purpose of bitcoin?
Bitcoin was created as a way for people to send money over the internet. The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies."
So why should the people invest in Bitcoin, now that the banks are taking it over.
They will get the money from the small investor by pump and dump or tweet.
Doge is the same, but can be used as payment system, not only for bitcoin millionairs and hedgefunds, faster, cheaper. More coins so more people can hold a whole coin instead of 0,05 BTC and always feel poor.
And it is all what you imagine, if we think the Bitcoin is dead, it is dead. We move on to doge. More supply, just like Ether has unlimited supply. And it is going fast, next week everybody switches from BTC to Doge and BTC dominance will go below 40%. You can see that satuday night live. I hope.
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This is where most people are wrong. If you researched a bit more you'd learn about Bitcoins Lightning Network, instant payments & free. You can't read a few CNBC Bitcoin articles and claim to know everything about crypto, you must remember, the CNBC's of this world don't know shit about it. We're very early.
Dogecoiners seek fiat profits with a "get rich quick" mindset. I wish you all good luck, you've done well so far, hope it continues.
Bitcoiners are a different breed, we seek to protect our time & value from inflation/central banks theft, and we stand to gain in the long run. We value the properties that make Bitcoin #1 (immutable, permissionless, unconfiscatable, decentralized & secure). I don't wish us luck, because I believe its properties force it to succeed in the long term.
