Quote from: aztecminer on July 28, 2017, 02:50:17 PM

Quote from: r0ach on July 28, 2017, 01:46:23 AM

Bitcoin has ZERO, I repeat, ZERO value as a settlement layer because there already exists far better settlement alternatives - noble metals (gold and silver). This is why currencies were always derivatives of them in the past. Bitcoin has built-in middle men (transaction validators) and counter party risk while metals DO NOT. Bitcoin is a rent seeking usury system where miners expect to get a cut out of every transaction like the mafia while metals ARE NOT.

You need to be a complete lunatic to believe bitcoin somehow has better fundamentals as a settlement system than metals. Can you imagine issuing currencies as a derivative of bitcoin when bitcoin is already only a currency and not money in the first place? LOL. For the the 500th time, bitcoin is a currency, not money, which is why it's called "cryptocurrency". The value of currencies are derived from transaction flow, NOT stock.

i still haven't figured out how to get a silver coin into my pc to make a transaction . don't get me wrong, i own a bunch of pms too. however, i believe we will eventually be trading pms for cryptos to make transactions easier for ourselves in the future .

It appears there are several options to get a PM backed debit card. Not sure if these are on the up and up. Also, the PM will not be in your control, but theirs.