Re: What is the 'purpose' and 'nature' of Bitcoin? Some questions.
@HS
Called it ,
https://bitcointalk.org/index.php?topic=1686288.msg16930063#msg16930063
Called it ,
https://bitcointalk.org/index.php?topic=1686288.msg16930063#msg16930063
Quote
Instead of pestering everyone with questions, that you don't believe their answers.
I'm still waiting for answers though. Why don't you have a go? According to jbreher, these are the benefits of Bitcoin:
Whatever bitcoin you own is yours and yours alone. Nobody can take it from you if do do not reveal the private key behind the address.
Ayers says:
they would benefit from less fee for example for sending money abroad, outside from their country, they would also benefit for faster transaction, if they use zero-transaction confirmation, that some merchants offer, and their fortune would not lose value over tiem like the usd, due to inflation
Some people would benefit from reduced fees, provided they're not one of the billions who can barely afford to live yet alone send money abroad. Zimbabwe? Venezuela? Any massive increase in the volume of bitcoin transactions and wallet ownership to suggest that citizens of these countries are switching to Bitcoin? Let's face it: if citizens of these countries can't be persuaded then who can?
Seven years after its introduction and Bitcoin has what? Two million users globally? Three million? Maybe five million? I'll be generous and say ten million. Could it be that there's a chronic mismatch between what Bitcoin provides and what people actually want or need? That in terms of what they want and need, Bitcoin provides them with nothing that the existing system doesn't already provide? That it's not a real alternative?
HS