Post
Topic
Board Bitcoin Discussion
Re: Can you answer a couple of questions to a potential bitcoin buyer?
by
virasog
on 03/02/2022, 13:59:32 UTC
Bank notes or numbers on my banking account secure the capital that I invested in them because the borrowers are forced, via collateral, to use these notes or numbers to repay their loans.

In a similar way, blockchain secure all the bitcoin transactions. The bank notes can be printed by the government making its value less with more increase in supply but in case of bitcoin, its value will keep on increasing because of its limited supply. Think if you hold 1000$ in dollar and 1000$ in bitcoin (which you call numbers) from 2010, you would have become millionaire by now. This is the potential of bitcoin which you are repeatedly ignoring.
Why would I care for someone's transactions? Why would I fantasize about being a millionaire? I only asked two simple questions. Can you answer them please?

I am sorry as i am unable to answer your questions. The fact is that you do not want to know the reasons/benefit of holding bitcoins so that's why you feel strange seeing bitcoin value grow in the wallet by just staring at it for years and years.

Also there are so many people trying to answer you but you keep on arguing with them without having an intention to agree with their point of view. If you are not willing to understand anything, then what's the point in asking the question ?