Quote from: lixer on September 13, 2019, 06:23:31 PM

Quote from: Kapyong on September 11, 2019, 07:16:49 AM

Incorrect terms -

instead of $ = real money and BTC = fake money,

it should be $ = old money and BTC = new money.

That is right, I think that dollar reign is beginning to come to an end because to me it has even caused more damage to the world, and it has been used as means of corruption more than we think it is, it was the lapses in the dollar system that made satoshi think of coming up with a technology that would correct some of the mess that has been created by dollar overtime.

One of the benefit of bitcoin as money is that it has limited supply, and that is how money should behave in a normal circumstance, unlike USD that is into limited and can even be printed by any drug lord, so what is the real thing about that. Since fiat has been in existence, it has been one problem or the other in the world, so it is time we try a new system of cryptocurrency which will serve as global currency.

Bitcoin is neither real nor new money but new fake money, and that's due to simple fact it cannot perform the primary function of money. Repeating the mantra of it being money won't make said fact go away. Also, conspiracy theories about the collapse of the dollar won't change the fact that, since it's appearance, this currency performs the primary function of money and is therefore real money -- regardless of its eventual imperfections.