Quote from: TheQuin on August 15, 2018, 06:59:35 AM

Quote from: LeGaulois on August 14, 2018, 08:46:37 PM

If Bitcoin had a fixed value the majority wouldn't use it as their investment nor as a currency. Bitcoin could be used for the main reasons it was created for. People in need of an alternate currency for cross-border payments, free from any authority. Unbanking all of us to get a total control over our money. The idea of a cryptocurrency originated from anarchists.

And considering Bitcoin as an investment, sorry but there are better investments with your bank and much fewer risks.
I would rather prefer to earn a 6% per annum than to lose 400% in 2 months.

If Bitcoin was just intended to be a payment system why did Satoshi not just create something like Tether?

I posted in a discussion on this theme recently:

[Discussion]How to decentralize the price of the bitcoin? Self-moderated.

It is my opinion that the decentralisation of money creation and supply is more important to Bitcoin than just being a trustless Visa or Paypal.

PS. This is an interesting subject but it is really difficult to discuss with all this signature spam. It is time to make all threads in Bitcoin Discussion self-moderated.

Ok, yes perhaps the fixed value wasn't a good argument. So, the supply and demand is what makes people speculating on (or at least it participates), but what if Bitcoin wasn't capped at 21 million, we could have less speculation less volatility and so less "investments in"
Or if Bitcoin was somehow stable +/-5% people wouldn't jump on the wagon to get a better return than a saving account

I don't know very well Tether, is it using a cryptography tech or is it just a scriptural money?

Quote

PS. This is an interesting subject but it is really difficult to discuss with all this signature spam. It is time to make all threads in Bitcoin Discussion self-moderated.

I agree