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re: Why bitcoin is worse than a Madoff-style Ponzi scheme
Posted on 12/23/21 at 11:36 am to KCRoyalBlue
Posted on 12/23/21 at 11:36 am to KCRoyalBlue
wait. your answer does not really make sense to me ....
how could we compare bitcoin to anything if we are not allowed to use currency?
I can name A LOT of things that I would exchange to you for bitcoin. A LOT - because Bitcoin is a thing/store of value to me. It is a medium of account. And, if needed, it is a currency.
FTR it already is ... I know people being paid in Bitcoin for all sorts of things including personal services and labor
While YOU may not value it, the market does. Same with most things right? Art, gold, guns, sports equipment, clothes, etc. etc. etc.
how could we compare bitcoin to anything if we are not allowed to use currency?
I can name A LOT of things that I would exchange to you for bitcoin. A LOT - because Bitcoin is a thing/store of value to me. It is a medium of account. And, if needed, it is a currency.
quote:
make crypto stand on its own as an exchangeable currency for goods or services rendered
FTR it already is ... I know people being paid in Bitcoin for all sorts of things including personal services and labor
While YOU may not value it, the market does. Same with most things right? Art, gold, guns, sports equipment, clothes, etc. etc. etc.
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