Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 12/01/2019, 16:17:03 UTC
⭐ Merited by bones261 (1)
Physical metals, on the other hand, DO NOT have built-in middlemen like bitcoin and the current banking system do.
Fuck yes they do

If I attempt to spend a bitcoin, I am involuntarily making someone else rich in the process - the designed to centralize, built-in middlemen mining monopoly or lightning node monopoly.  If I attempt to spend a gold, silver, or copper coin, NOBODY else is profiting off my transaction and sucking up all wealth in the universe in the process.

What is the purpose of bitcoin if transaction fees went to $1000?

Try "transacting" in gold or silver across the world for a good or service. Tally up all the usury 'middle men' fees for courier services, vault storage fees, customs fees, armored car services, boat, plane, armed guards, whatever. WELL over $1000+ for a single transaction, even way higher depending on the amount of PM $$$ involved. MANY people are profiting off of your transaction and getting rich. And many points along the path to destination where your PMs can go "missing".

Do you even listen to your own deluded bullshit you spew, r0ach?