Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 06/10/2015, 19:16:22 UTC
If it takes to pay a coffee with cash in order to keep BTC serious, I'm all for it.

"in order to keep BTC serious" as what, exactly?  Surely not money?

Not consumerist money.
Would you pay with silver coins your frap-thing?

"Consumerist money"?  What's that?
I guess all the hype about bitcoin being "the fastest, cheapest way to transact," "currency of the internet," is just that?  BTC is not money but a store of value (a role which it hasn't been super good in for the last couple of years)?

people are CONFUSED by the blocksize limit. people trying to rationalize a 7TPS monetary system holding value, the NEED to believe in bitcoin value is very powerful!  Grin

bitcoin has always been about building a new monetary system which exist as a ghost outside the machine, accessible to all, anywhere anytime. don't worry, we will have our cake and eat it too, block size will increase and so will full node count, and it will be <5cent a TX and there will be totally free trustless "micropayment channels" and we'll have side chains processing stock market trades / smart contracts in a transparent and super fast irreversible irrefutable manner
give it 2 years
BAM 32,000$
 Wink