Topic: If I cannot touch it, it does not exist threshold that needs to be overcome (Read 1354 times)

My conscious exists, but my fingers can't touch it. You should ask them what it means. This is one definition of 'exist'.

"have objective reality or being."

Some people follow a god or gods they can't touch. What's so hard about a currency that's digital?

Yes, great answer. You can't touch credit, but it exists and has value.

TT

You can't touch the stripper. Yet you still go to the club.

Best answer.
+1

Credit doesn't exist, yet people don't seem to have much trouble spending it.

Since day one I declared all my BTC a ticket to freedom.
Every day bitcoin lasts, I buy more tickets to freedom.

Wow this is really interesting. I am not surprised at all really, but it's kind of amazing how the modern American economy seems to be set up to make people poor.

Maybe part of the problem with some people not believing in bitcoin is because they don't understand that having bitcoin is like having a ticket. Your private key is your ticket to whatever amount of btc you happen to have. And it's not possible for the system to forget that you own the btc because the blockchain is distributed over a massive amount of separate computers all over the world. So in that respect bitcoin very much exists. It exists on every hard drive that has a copy of the blockchain.

The common man needs to realize what the wealthy man has known all along... Knowledge/Information is Power.

This will resolve itself wth time as governments themselves move away from physical cash to state emoney (although not sure yet whether we're doing the state a favour or vice versa - probably both). I don't see much point in thinking backwards, and there will always be people who demand tangibles whatever the trend. The best way to demonstrate value is to use it, spend it and show them the the tangible result.

I've heard many anti-bitcoin arguments, but this I would consider one of the more silly ones.

You can't touch gravity, does it exist?
You can't touch radiation, does it exist?

Value is another story, and can be argued forever, but whether you can touch something or not has little to do with its value. You can touch shit right, does that give it value?

TT

Maybe it helps to educate those people about the fact that USB and EUR etc. are virtual currencies as well.

Probably because most people in the US are broke.

You can't touch the memories of the birth of your child or your wedding either.
You can't touch the electrons which sends your instant messages all around the world either (whatsapp, email)

So it doesn't matter if you can't touch it yes or no, it still can have value.

And if they persist to irritate about intrinsic value then ask them to stick their dick into a wall socket and see if they still agree electrons have no intrinsic value.

Ask them have you even seen or held $1 million (or billion)? 

Most people haven't. Does it not exist?

the gold hoarders who come up with this excuse do so for one main reason.

they are GOLD HOARDERS.

they know the only way they will make profits is to get people to buy THEIR gold at a high price. and they will do anything and say anything to tell people to not buy bitcoins, but to buy gold instead,

secretly they know that bitcoin is a genuine asset, but they will never admit to such (research Rawdog on youtube) he knows what bitcoin is and trades it but he will always make videos telling people how great gold is and how people should not invest in bitcoin. purely because it loses him business.

these gold hoarders will come up with cunning ways to shout how bitcoin is not a commodity. (tangible/intrinsic) which is correct. bitcoin is not a commodity. it is however an asset.

assets do not have to be tangible or intrinsic. EG forex, digital media, intellectual property, stocks, shares, etc. all of these examples are assets not commodities.

so when you approach someone and their reply is 'its not tangible/intrinsic' as yourself are they saying it to debunk bitcoin because they are commodity hoarders or thy want to believe in bitcoin but all they knew before hand was descriptions of a commodity.

if its because they are hoarders, good luck convincing them to stop trying to convince others. as its their livelihood that is lost by them admitting bitcoin is a asset and a valid store of value.

if its because they simply do not understand, then simply explain the difference between an asset and a commodity.

Well said. Sometimes I think we look too hard for potential problems with BTC.

You cannot touch god but he exists... Haha just kidding.


Exactly. If anyone has a problem understanding that Bitcoin exists tell them the money in their account doesn't either. And neither do those MP3s on your hardrive. They exist and they have worth.

Before the internet age I would agree but people are used to intangible stuff now. Ease of use is a bigger issue.

some people will be skeptical period. no matter what you do, they can't be explained because they refuse to understand it, if they want something physical make them a paper wallet and explain to them how they can actually buy stuff with it.

Fun fact: Out of the amount of US dollars 'on record', as in sum total balances of accounts etc, there is only enough physical money to represent 3% of it.


People are already accustomed to not being able to touch it...they just don't realize it.