Re: Bitcoin is more real than money in the Bank

Isn't that stealing?

Yes, it is.

Quote from: Pokapoka124 on July 21, 2021, 09:55:44 AM

Government resent bitcoin because they can't control it like they did in 1971. Very soon, it will be illegal to own bitcoin in some countries, not because bitcoin is bad, but because bitcoin gives you the power to own your money. Bitcoin is more real than your money in the bank. Be your own bank by investing and learning about bitcoin.

I wouldn't say real, I would say more valuable. After all, most fiat money is digital, just like Bitcoin. The difference is that Bitcoin has increasing value due to scarcity and fiat decreasing value due to mass printing.

I wouldn't be surprised if some countries ban it, but I think it will happen to them like China when it refused to switch to the gold standard and continued with silver.

True, perhaps a more appropriate word is bitcoin is more valuable than fiat money, maybe because bitcoin can increase in value because of its scarcity, while fiat money is not. But I hope that one day bitcoin is not in the hands of the government, if that happens we can't do everything ourselves and at will.

Agreed, only those groceries or markets that continue to rise in price. The only one that is increasing is the conversion of fiat currency. We all know it will not increase in value, which is why the government is announcing that they will raise the salaries of their employees because that is the only way the money will increase and be able to cope with the market price, which we all know is extremely high. Unlike bitcoin, which continues to rise year after year, this is fantastic.