Topic: ‘Bitcoin Is Not Money’ Because We Cannot Print It – Banks - page 7. (Read 1063 times)
There have been multiple attacks from banks and governments against bitcoin in the last months, especially in 2019. I think they just realized how powerful bitcoin is and they are trying to somehow make people lose trust in bitcoin by finding all kind of reasons why it cant be ussed as a currency. We dont know what plans they have but anyways i wish the good luck in their attempt to defame bitcoin
If Bitcoin is not currency, then we should no longer be taxed (or differently). I don't know if you follow my reasoning.
I do, if it is not considered as a monetary asset by the banks, than government should not task that owners of bitcoins. But different governments have different opinions and stands on cryptocurrency, not all tax holders and not all choose not to recognize it.
Who cares, we don't need the central banks to consider whether or not Bitcoin is money. As long as both parties accept the BTC there is an exchange of value.
What I wonder is: doesn't it affect all the tax decisions that countries may have made recently. If Bitcoin is not currency, then we should no longer be taxed (or differently). I don't know if you follow my reasoning.
What I wonder is: doesn't it affect all the tax decisions that countries may have made recently. If Bitcoin is not currency, then we should no longer be taxed (or differently). I don't know if you follow my reasoning.
‘Bitcoin Is Not Money’ Because We Cannot Print It – Banks
https://blockpublisher.com/bitcoin-is-not-money-because-we-cannot-print-it-banks/
And yet another other attack, but seriously flaw argument coming from banks. But that's fine, hearing this kind of arguments make me think that they are really threaten by crypto and afraid that one day all of them will become obsolete, or least majority of people will go to crypto, specially bitcoin.
That is indeed a very unfair excuse not to recognize Bitcoin Quote
“Bitcoin is not money”, the European Central Bank published a statement regarding bitcoin as not being a monetary asset. These words from the bank are immensely harsh for the crypto community. The crypto analyst and investor, Joseph Young suggests that the bank has released the statement as per the crypto assets being unprintable. Though this is an absurd manner to qualify a monetary asset as ‘money’, the bank does praise the technology in the working behind bitcoin. The technology, being the entire crypto protocols, most specifically, decentralization is breakthrough and can make up for some decent projects in the future.
https://blockpublisher.com/bitcoin-is-not-money-because-we-cannot-print-it-banks/
And yet another other attack, but seriously flaw argument coming from banks. But that's fine, hearing this kind of arguments make me think that they are really threaten by crypto and afraid that one day all of them will become obsolete, or least majority of people will go to crypto, specially bitcoin.
Gold used to be money, yet one could not print it. And coins are technically not printed as well, so what, now only banknotes count as money? I get that the point is in being material but still. PayPal money is not material, though, right? It functions as money nevertheless. And materiality really should not matter in the contemporary world of technology and innovation. What matters in the value attributed to something, and the willingness to exchange this something for goods and services. Bitcoin meets these criteria more and more. Money is whatever people decides holds value. Doesn't matter what it is, seashells, gold, beanie babies, paper. Currency is just a faith based system. Fiat is a complete scam but most people are too stupid to realize or lack any real fight to go against the banks.
Faith and reputation it is. And such events as Bretton Woods 1944 meeting.
‘Bitcoin Is Not Money’ Because We Cannot Print It – Banks
https://blockpublisher.com/bitcoin-is-not-money-because-we-cannot-print-it-banks/
And yet another other attack, but seriously flaw argument coming from banks. But that's fine, hearing this kind of arguments make me think that they are really threaten by crypto and afraid that one day all of them will become obsolete, or least majority of people will go to crypto, specially bitcoin.
You can't teach old dog new tricks...Quote
“Bitcoin is not money”, the European Central Bank published a statement regarding bitcoin as not being a monetary asset. These words from the bank are immensely harsh for the crypto community. The crypto analyst and investor, Joseph Young suggests that the bank has released the statement as per the crypto assets being unprintable. Though this is an absurd manner to qualify a monetary asset as ‘money’, the bank does praise the technology in the working behind bitcoin. The technology, being the entire crypto protocols, most specifically, decentralization is breakthrough and can make up for some decent projects in the future.
https://blockpublisher.com/bitcoin-is-not-money-because-we-cannot-print-it-banks/
And yet another other attack, but seriously flaw argument coming from banks. But that's fine, hearing this kind of arguments make me think that they are really threaten by crypto and afraid that one day all of them will become obsolete, or least majority of people will go to crypto, specially bitcoin.
This is what they start to do when there is no meaning to fight against valuable assets that threats their old system. If bankers don't call the money something unprintable then why they produce plastic cards?
What a crap.
With the long history of money, money didn't start to be printed back then. Bitcoin is an asset that people hold and valuable to them. Crap with the monetary system, they are just afraid and threatened at the same time because they are losing investors from their banks.
With the long history of money, money didn't start to be printed back then. Bitcoin is an asset that people hold and valuable to them. Crap with the monetary system, they are just afraid and threatened at the same time because they are losing investors from their banks.
Money is whatever people decides holds value. Doesn't matter what it is, seashells, gold, beanie babies, paper. Currency is just a faith based system. Fiat is a complete scam but most people are too stupid to realize or lack any real fight to go against the banks.
‘Bitcoin Is Not Money’ Because We Cannot Print It – Banks
https://blockpublisher.com/bitcoin-is-not-money-because-we-cannot-print-it-banks/
And yet another other attack, but seriously flaw argument coming from banks. But that's fine, hearing this kind of arguments make me think that they are really threaten by crypto and afraid that one day all of them will become obsolete, or least majority of people will go to crypto, specially bitcoin.
Quote
“Bitcoin is not money”, the European Central Bank published a statement regarding bitcoin as not being a monetary asset. These words from the bank are immensely harsh for the crypto community. The crypto analyst and investor, Joseph Young suggests that the bank has released the statement as per the crypto assets being unprintable. Though this is an absurd manner to qualify a monetary asset as ‘money’, the bank does praise the technology in the working behind bitcoin. The technology, being the entire crypto protocols, most specifically, decentralization is breakthrough and can make up for some decent projects in the future.
https://blockpublisher.com/bitcoin-is-not-money-because-we-cannot-print-it-banks/
And yet another other attack, but seriously flaw argument coming from banks. But that's fine, hearing this kind of arguments make me think that they are really threaten by crypto and afraid that one day all of them will become obsolete, or least majority of people will go to crypto, specially bitcoin.
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