When do we get to use BTC to buy food? I think we are currently at "nerdy food vouchers" where real food merchants are reluctant to accept the vouchers. BTC is fast becoming Peer to Peer Electronic Store of Hope.
-
-
Payments aren’t important Store of Value is what’s important for now Spend dollars, Hold onto Bitcoins
2 replies 0 retweets 10 likes -
Replying to @MustStopMurad @adam3us
We may as well all move to holding Bitcoin ETFs when it comes as it will be SEC approved and Gov backed and Fed Reserve blessed. All the moms and pops can finally trust the nerdy coin and the central bankers can print supply to demand and suppress Bitcoin price. BTC economic fail
1 reply 0 retweets 4 likes -
No, just hold it on your hardware wallet. No point in spending it while there is a decade-long wealth transfer flowing from fiat to Bitcoin
2 replies 0 retweets 1 like -
No point in spending Bitcoin before it’s market cap is at least $10 Trillion (in today’s terms)
1 reply 0 retweets 5 likes -
Replying to @MustStopMurad @adam3us
Then Bitcoin is just a pure Ponzi scheme.
1 reply 0 retweets 4 likes -
No, it’s a monetary good undergoing monetization.
2 replies 0 retweets 4 likes -
Replying to @MustStopMurad @adam3us
So is every unbacked derivative on the planet and they suck up more money than any currency.
1 reply 0 retweets 1 like -
derivatives are not money
2 replies 0 retweets 0 likes -
Then bitcoin isn’t
1 reply 0 retweets 0 likes
Bitcoin is not a derivative... derivatives derive their value from something else. Bitcoin doesn't have that "something else", but is an asset in and of itself. No different to Gold or Fiat (in the sense of not being a derivative)
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.