Post
Topic
Board Economics
Re: bitcoin for everyone
by
NeuroticFish
on 10/05/2021, 15:20:40 UTC
i can't see why redistributing bitcoin making it worthless.

If you expect people pay big bucks for something others get for free, you are mistaking. And not only that others get for free, others get that by "leaking" investors' wallets? Good luck with that.

instead, more people will start using it if it will become more accessible

No. Common people don't afford to pay 10$ and wait 1h for confirming, in order to buy 5$ worth of groceries.

for now with this spike of institutional buying bitcoin moving further and further away from a common homosapien.

This will end and they will sell in no time if your kind of logic would be applied. If they want to lose money they can do that already with USD.

and nobody "get money from those actually work for that money - in a way or another - and give it to those who didn't". this will not be a steal but a sale.

You started with the finite supply, but you seem to fail to understand it. If I worked for 100$, convert it to Bitcoin and you get 5$ worth of Bitcoin from me, I will call it stealing.

the point is that every person need money to live a happy/ healthy life. but excess and extravagance leads to all kind of illnesses, physical and mental. same goes with btc, keep what you realy need, rest is for sale.

Please stop this socialist bullshit if you want a civilized and reasonable talk. Richness doesn't necessarily mean extravagance, extravagance doesn't necessarily means drugs, and most bitcoiners are middle class, far from rich. So again, keep that for the party meetings.