Post
Topic
Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
LiteCoinGuy
on 23/07/2015, 14:08:17 UTC
http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

...
The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

Long term, maybe. Where are the ads on TV advertising smartphone bitcoin wallets? Where are the armies of sales teams spreading it to merchants? Where are the large scale buys of bitcoin by banks, hedge funds, VC, and other institutions, driving the price sky high? The ability to do all this is there, but for some reason the wheels are not turning.

because you cant do nothing with bitcoin that you cant already do with fiat currency. this is the real and hard true.


 Cheesy

start here:

https://www.youtube.com/watch?v=O0oDDIy0P2s



give me plausible arguments instead of giving me youtube videos.

please, list things that bitcoin can do and fiat currency dont!

1. Smart contracts.
2. Multisig spending that cannot be backdoored.
3. Immutable ledger

The list goes on. With time we will find super cool ways to apply programmable money with technology.

99,9% of people in world dont know wtf that 3 things are! Only corporates are interested in that features and corporates arent interested in bitcoin...

And also, you can multisig in fiat currency; you can do smart contracts too.
The immutable ledger can be a disadvantage too! You cant null one mistake or a swindle.

you have to read more about it and find out. you are already here, good first step  Smiley

i end with a quote:

"If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry."