Post
Topic
Board Bitcoin Discussion
Re: Stop saying Bitcoin is good for money transfer. It isn't.
by
Melbustus
on 12/09/2013, 19:08:21 UTC

Bitcoin is, in fact, a fantastic way of transferring value. It's just that your family member apparently denominated his/her investment terms in dollars, not BTC.

In the 17th centry tulips were also a great way to transfer wealth as well. For the foreseeable future most will need BTC>FIAT exchange.

do not ever user tulips when comparing to bitcoins. that is honestly a very stupid irrelevant comparison that gets tossed way too much. why not just talk about some other irrelevant item like sea shells or shark's teeth.
you have valid points - you are right it  isn't the easiest to do today

however, just don't bring up tulips. thank you

Then I would also request people not use arguments that require a purely bitcoin world where all of a business or persons costs are denominated in this. It makes only as much sense as the tulip comparison I used as a response to it Wink


That's not true at all. The absurd tulip analogy is a completely different domain (store of value) than transfer of value. You state that your thread is about transfer of value. But you're actually wrong about that... Your thread is about currency conversion. Since we're putting in requests, mine is that you understand this distinction and re-phrase your argument accordingly. Also, I request that you try not to engage in irrelevant sensationalist ignorant comparisons.