Bitcoin

[Butler1000]

Why do you think blockchain is about avoiding fiat currency? The stablecoins aren't doing that. The Bahama coin and the Eastern Caribbean ones aren't either.
"Blockchain can be useful" is a totally different discussion than Bitcoin.
Bitcoin uses a blockchain. That's it.



Interesting. What does how much they release vs hold tell you?
Can you give an example?




You buy your gas in cryptocurrency?




And again, that it is a speculative investment, an asset class, is not being argued against. Black Booty Lover thinks it is a foolish one, I don't think a massive crash is coming anytime soon.
But the fact it is an investment that can make you money has nothing to do with the idea that is an alternative to central banks or whatever.
"I think this is an investment that will go up" is not about it taking over the money system. In order for Bitcoin to take over the money system, it has to stop going up.
If you think these are things to hold as investments, why are you using them to buy gas?



Unless I decide to get a cold wallet I can just invest in it as an index.



So you think Bitcoin is going to get 10x more valuable in 5 years but you would buy a tank of gas in Bitcoin?
Or are you trying to say you think that in 10 years it will have stopped growing in value and so it would be fine to buy a tank of gas with it then?


Add ADA Cardano, and VeChain to your list to look at.

I like that Cardano is proof-of-stake, hadn't heard about VeChain.
[/QUOTE]

Sorry, "gas" is the name of rewards for owning some currencies. Similar to dividends or interest. And at some point you have to cash in investments. At some point I will start to cash in Bitcoin. I will have multiple income streams when I retire, this is just another one. Can't take it with you.

Cardano is solid. One of Etherium founders is doing this one.

VeChain is smaller. They have a deal with BMW now and growing. I like the fact Germans approve. They look hard into things. Decent market cap and low entry barrier. And immediate rewards.

 

[Valcazar]

Sorry, "gas" is the name of rewards for owning some currencies. Similar to dividends or interest. And at some point you have to cash in investments.

Or you pass them down to your family.
But again, this is just proof it is an asset, not money.
You will cash it out.

 

[Butler1000]

Or you pass them down to your family.
But again, this is just proof it is an asset, not money.
You will cash it out.

Um, when I say cash it out I expect given time to be able to transfer it directly to someone for goods and services. Or to a business.

 

[Valcazar]

Um, when I say cash it out I expect given time to be able to transfer it directly to someone for goods and services. Or to a business.

You can do that with other assets as well.

 

[Butler1000]

You can do that with other assets as well.

.

Lol. Right now it you had a wallet i could pay you anywhere in the world in a minute. Can i do that on a goid friday with a stock? A gold coin? A diamond?

And do so completely anonymously. Thats why it will go.

 

[Valcazar]

.

Lol. Right now it you had a wallet i could pay you anywhere in the world in a minute. Can i do that on a goid friday with a stock? A gold coin? A diamond?

And do so completely anonymously. Thats why it will go.

Actually you can do so with a permanent record that you did the transaction. That's what the blockchain is.
And yes, it is faster than those. That's useful. But that isn't fundamentally different in any way.

 

[|2 /-\ | /|/]

Mr. Wonderful knows what’s up and knows the way.

Keep in mind bitcoin will never be a coin for fast every transactions like visa due to block size and previous conflicts over increasing this however for solid valuable investment it will always have a place.

For fast transactions a decentralized world internet currency is needed and there is still room for a player to emerge and my investment is on deogecoin. “Another reminder that Dogecoin development is open source and run by volunteers. This effort in particular was community driven, and most contributions have come from members of the community, which is awesome and exactly what a decentralized cryptocurrency project should be.”

https://www.reddit.com/r/dogecoindev/comments/mjywtf

 

[|2 /-\ | /|/]

Amazing podcast on bitcoin. Gives you a good background, history, the problems and conflicts it had, and presents bitcoin in a wholesome matter. It is also one of lates and relevant for info on this.

Don’t let the ignorant people project on you and hold you back from a good investment opportunity. Some are good at talking and convincing but they know fuck all about bitcoin, it’s history and where it’s going and are good at projecting their shortcomings and biases on to you. Just do you own research, do a lot of it outside your paradigm locks, and you will realize the way.

Starts at 7:57

 

[AlmaOttawaMA]

I have cardano, doge, theta fuel, ETH, CRO (crypto.com coin, with staking options), also Binance has their own coin (BNB). There are multiple platforms one can use to trade on. Binance and bitsgap have grid bot trading in their margin trading sections. There is a lot you can do on these platforms. I personally like Binance app and crypto.com.

 

[black booty lover]

Don’t let the ignorant people project on you and hold you back from a good investment opportunity.

Ignorance is bliss. There are are opportunities everywhere if life, whether they are good ones are not is a different ball of wax.

Stay away from crypto currency kids.

 

[Valcazar]

Ignorance is bliss. There are are opportunities everywhere if life, whether they are good ones are not is a different ball of wax.

Stay away from crypto currency kids.

Not sure why you put my name on someone else's quote.

 

[black booty lover]

Not sure why you put my name on someone else's quote.

Me either. In fact, don't even remember doing this so I must have been drunk as fuck....lol.