-9

submitted 1 year ago by [email protected] to c/[email protected]

25 comments fedilink hide all child comments

People like to say that bitcoiners are speculators, gamblers etc. But what is not owning Bitcoin?

It's betting that fiat money, a system devised by bankers and politicians for their own benefit, it the superior form of money, and that it will win on a free market of currencies.

I'm sure somebody will reply hurr durr, I don't own fiat, I own stocks, property, things that yield returns, yadda yadda. Well guess what, then you already don't trust fiat money.

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] -1 points 1 year ago* (last edited 1 year ago)

People still rather use dollars for convenience

Nobody ever claimed bitcoin is the dominant payment network, you're just stating a truism.

Bitcoin cash seems also to support my idea that you would need larger block sizes.

bcash: $245.45

bitcoin: $30135.00

That tells you how much bcash matters and how right their ideas are.

this post was submitted on 19 Jul 2023

-9 points (30.4% liked)

Bitcoin

179 readers

1 users here now

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation, corrupt bankers and politicians. With Bitcoin, you can be your own bank.

founded 1 year ago

MODERATORS

[email protected]