Post
Topic
Board Altcoin Discussion
Re: Do you think "iamnotback" really has the" Bitcoin killer"?
by
iamnotback
on 10/03/2017, 23:29:06 UTC
Go big or go home.

Personally I want to be onboard the next move from pennies to $130,000. That is only going to happen for the one that becomes a currency.

Don't waste my time with 10 baggers.


Currencies do not necessarily have to have a total order (you don't like that, do you) or hierarchy.  

Bingo!

National currencies were/are the citizen's unit-of-account because it is very costly store your cash flow in a unit-of-account which is not the predominant unit-of-exchange.

Now that we are transitioning to B2C and P2P (C2C) globalized commerce, we need in some areas (especially intangible Internet commerce) a globalized unit-of-account and exchange.

Read that second sentence again and understand the profound implications. The coming moat is no longer national boundaries but tangible versus intangible (Industrial Age versus Knowledge Age) commerce. Also make sure you read my essay in the Economic Devastation thread.


@dinofelis how many social networking apps and accounts do you actively use? Have you used WeChat extensively?

https://steemit.com/life/@sweetsssj/steemit-or-livestreaming-i-choose-steemit-steemit-steemit
https://steemit.com/life/@sweetsssj/wechat-china-s-all-in-one-version-of-whatsapp-whatsapp <--- pay attention to why the West requires a decentralized WeChat!
https://steemit.com/life/@sweetsssj/the-insiders-story-on-china-s-newest-occupation-purchasing-agents

I think you are out-of-touch with what most Millennials do with their time. Many now earn an income online such as for example getting paid for English tutoring on cam, being tipped for doing something outlandish on cam, etc..

For example, in app purchases are a big deal, such as game upgrades (buy a special power to reach the next level, etc).

Google "gamification Farmville" and learn a new field.

That is why I don't think you understand why Bitcoin already had great utility. It enabled me to pay my bills (from funds I had received from people all over the world and had stored in Poloniex or localbitcoins or even a Blockchain.info wallet) without leaving my computer (because I hate to lose hours out in the traffic of SE Asia). If I could, I would purchase everything (even groceries) from my computer.

Here in the Philippines there is so much C2C going on with people buying products from China via dhgate.com, aliexpress.com (and other similar sites) and then reselling it on Facebook, taking COD, bank deposit, and padala (e.g. Western Union) payments. But crypto would be much better for them.

Does the dino in your name mean dinosaur.