Post
Topic
Board Bitcoin Discussion
Re: What is the 'purpose' and 'nature' of Bitcoin? Some questions.
by
HugoStone
on 23/11/2016, 00:01:28 UTC
Must be hell to drive when those blinders on.

See point 1 above. Do you mean 'with'?

We are still in the early phases of crypto, the final winner will be Truly Decentralized, Energy Efficient, Quantity Large enough to be global, but still be affordable, That coin is not BTC (in its current configuration), but another.  Wink

Have I not already said that I'm talking about Bitcoin? Please refer to the title of this thread, then re-read the questions that appear in the first paragraph of my opening comment. I asked the same questions half-a-dozen posts later because none of the answers I received actually addressed them.

I have specifically asked how people would explain the benefits of an existing currency called Bitcoin to non-Bitcoin users, with a view to determining how they would persuade a non-Bitcoin user to switch to Bitcoin. I have also asked whether Bitcoin conveys any benefits that people actually need. I think my views on the subject are clear, but I was asking people to explain their views on the existing benefits of Bitcoin vis-a-vis fiat currencies and other e-payment systems. Do you understand?

Your haze must prevent reading comprehension, if you can't understand what I said. It means BTC will not be replacing Fiat , it will be another better designed Crypto that achieves that goal.

Again, the purpose was and still is to discuss Bitcoin (it's purpose and nature) as it currently exists, not a cryptocurrency which does not currently exist. OK?

HS