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Topic: No one really NEED bitcoin - page 3. (Read 3250 times)

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
September 12, 2014, 10:04:25 AM
#19
No one really NEED bitcoin, isn't it?
Right now, there are like 206 sovereign nations in the world, each with their own official form of State Monopoly Money. From a volatility perspective, Bitcoin is already objectively superior to about 40 or 50 of them.

If you're living in the USA or Western Europe, Bitcoin probably seems totally irrelevent to your life. After all, the dollar is stable, right? It works, so why do you need something else? The truth is you don't. Yet.

But sooner or later your tune will change when your nation's fiat scrip inflation begins accelerating to disturbing speeds.

Bitcoin is like water - you don't need it, until you do. Fortunately for all you nationalist ingrates, it will be ready and waiting, it will welcome you with open arms when you invariably come crawling back looking for a safe place to stow your wealth.

It's not a matter of IF you will come with your bowl of worthless fiat begging for Bitcoin, it's a matter of WHEN. We are speaking of a mathematical inevitability here, friends.



Do you understand?
legendary
Activity: 3668
Merit: 6382
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September 12, 2014, 10:00:56 AM
#18
Nobody needs fiat either. It's just useless paper. However, everybody uses it. Banks' ponzi game.
newbie
Activity: 28
Merit: 0
September 12, 2014, 09:57:55 AM
#17
You'll understand when FIATs start deflating like fuck except CNY. BTC will be huge then, and you will have missed the boat.
sr. member
Activity: 406
Merit: 250
September 12, 2014, 09:30:40 AM
#16
Wow, not quite sure how you can say nobody really needs bitcoin. Everyone hates the fact that the government wants to know everything you earn and with bitcoin they do not have that ability or laws to force you to tell them meaning finally this is a way to be able to have something that is ours that we do not have to let the government know about. Anyone who feels they don't need it is obviously happy with the government knowing everything about their earnings and money.
legendary
Activity: 1778
Merit: 1043
#Free market
September 12, 2014, 08:51:53 AM
#15
No one really NEED bitcoin, isn't it? you just want to buy some coins and wait for profit, and sell them at 1000or 2000 USD, and get the money out. No one need it as a currency, people buy coins only for speculation, to sell them to another idiot.

Now, there are no more idiots come to this game, and the Ponzi scheme will be over, and everyone in it will doom to hell.


 

If you don't need bitcoin , I need bitcoin  Grin .
legendary
Activity: 3066
Merit: 1147
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September 12, 2014, 08:48:49 AM
#14
I guess I don't NEED them. I could just keep paying to hand over my identity each time I shop online.  Roll Eyes
legendary
Activity: 4542
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Vile Vixen and Miss Bitcointalk 2021-2023
September 12, 2014, 08:34:23 AM
#13
legendary
Activity: 1596
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September 12, 2014, 08:32:03 AM
#12
OP, you don't find the increasing number is adopting  and using bitcoin.  Many start ups are specializing bitcoin. More merchants are accepting bitcoin.
member
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September 12, 2014, 08:19:42 AM
#11
We need something as a mean of exchange. FIAT, gold/silver, btc. They all have their advantages and misadvantages.
hero member
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September 12, 2014, 08:16:40 AM
#10
Personally, I despise the banking system that wouldn't grant me a loan even though I was a loyal customer for nearly 18 years with great credit and multiple accounts(F U Bank of America), credit card companies that raise rates at the drop of dime and stick an annual fee on top, PayPal/eBay which sucks the life of any profit you thought you were making on a sale, and just any financial institution that preys on middle class on down.

I personally need a payment method/system/currency that won't constantly devalue over time like the "almighty dollar".  Not so long ago a full tank of gas was like $20-$30, a loaf of bread like $1, a gallon of milk like $1.50.  I know I know, inflation, but that's basically the counterpoint for having a cryptocurrency like Bitcoin.

Just my 2 satoshis on this obvious troll post.
hero member
Activity: 1022
Merit: 500
September 12, 2014, 08:03:44 AM
#9
Well, use it as a currency. Have you ever transferred amounts of money to another country. A country far away? To someone you don't want to share your identity with? To someone oppressed by a cruel government? Money you want to keep safe from political fluctuations? I could go on, the use cases are all there, and I believe we don't even know what's yet to come... Bitcoin is a one-of-a-kind currency! (Yes, altcoins that copy Bitcoins properties exist, I'm merely talking about the experiment "Bitcoin" that has already garnered a lot of traction).

The first post is disregarding all the qualities of Bitcoin such as low fees, security, you are in power of your wealth ect. All those qualities make Bitcoin very valuable to my eyes and very useful
hero member
Activity: 686
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A pumpkin mines 27 hours a night
September 12, 2014, 07:34:44 AM
#8
Well, use it as a currency. Have you ever transferred amounts of money to another country. A country far away? To someone you don't want to share your identity with? To someone oppressed by a cruel government? Money you want to keep safe from political fluctuations? I could go on, the use cases are all there, and I believe we don't even know what's yet to come... Bitcoin is a one-of-a-kind currency! (Yes, altcoins that copy Bitcoins properties exist, I'm merely talking about the experiment "Bitcoin" that has already garnered a lot of traction).
legendary
Activity: 3374
Merit: 1824
September 12, 2014, 07:29:13 AM
#7
Right now, when Bitcoin is not globally accepted and didn't become mainstream, it may look that way, but this will change when ''big'' merchants accept Bitcoin.
When Bitcoin become available and popular like Paypal people will start to use Bitcoin for regular payments and things will change...
don't worry, it will happen Smiley
sr. member
Activity: 369
Merit: 250
September 12, 2014, 06:57:33 AM
#6
Is this where you feed the trolls?
member
Activity: 90
Merit: 10
One day I shall rise!!
September 12, 2014, 06:19:45 AM
#5
No one really NEED bitcoin, isn't it? you just want to buy some coins and wait for profit, and sell them at 1000or 2000 USD, and get the money out. No one need it as a currency, people buy coins only for speculation, to sell them to another idiot.

Now, there are no more idiots come to this game, and the Ponzi scheme will be over, and everyone in it will doom to hell.


 
You are right as a beginner everybody has the same assumption but as you get to know it's usage advantages there is more than just speculation and profit motive.Moreover a challenge to the financial elites
sr. member
Activity: 952
Merit: 281
September 12, 2014, 06:05:08 AM
#4
No one really NEEDS money.  Let's just use gold
legendary
Activity: 3472
Merit: 4801
September 12, 2014, 05:47:32 AM
#3
Code:
+----------+
|  PLEASE  |
|  DO NOT  |
| FEED THE |
|  TROLLS  |
+----------+
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  .\|.||/..

plonk
Nas
full member
Activity: 167
Merit: 100
September 12, 2014, 05:41:58 AM
#2
I need it. I don't want governments to know my actual wealth. I don't want to hide my money in insecure shoe boxes.
newbie
Activity: 22
Merit: 0
September 12, 2014, 05:34:24 AM
#1
No one really NEED bitcoin, isn't it? you just want to buy some coins and wait for profit, and sell them at 1000or 2000 USD, and get the money out. No one need it as a currency, people buy coins only for speculation, to sell them to another idiot.

Now, there are no more idiots come to this game, and the Ponzi scheme will be over, and everyone in it will doom to hell.


 
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