Post
Topic
Board Bitcoin Discussion
Re: Please be ready
by
darkangel11
on 11/12/2022, 22:36:26 UTC
I just want to say hello. In a hundred+ years they will look back on what "Satoshi" did in absolute awe. We're here now ladies and gentlemen!!!! Just appreciate it!!! We are living through one of the most important times in human history. Bitcoin is a real store of interplanetary value.

I don't see any evidence today that Bitcoin is the most important thing ever, that it is going to change the world and shape human history. What we have now is that after over 10 years Bitcoin is still almost never used for payments, its volatility makes it a risky investment rather than a store of value, it doesn't react to inflation and economic uncertainty like bitcoiners have hoped it would.

It's important to keep your head cool and analyze the facts, instead of just believing in the future.

If it's not used for payments then what are those thousands of transactions in the blockchain popping up every day?
Bitcoin is moving over 200k times every day. You're trying to tell us that not even 10% of it are real transactions, only people sending money from one of their wallets to the other, paying fees every time?
This must be a world's biggest charity event. Cheesy

The facts are that bitcoin presents a different value to you depending on where you stand. It's going to present different opportunities to someone in Venezuela than it does to someone in the UK. While to you it may not be an inflation hedge because it's down against USD, someone in Turkey will see it as a hedge and someone in another country as a way to move money through the border without being robbed in the process.