Topic: The People's Currency (Read 84 times)

been reading a lot news, the good and the bad but I believe the cryptocurrency is the future. Here's my take on it.

Automobile:

My great grandma would tell me that when she grew up they had horse and buggy, then she seen the first car come around in her city. She said she thought that was the most ridiculous thing she had even seen and there was no point to it. She had a stable full of horses that can be used for other things then just transportation..why would you want to have to put fuel in something and pay that kind of money?

Telephone:

My grandma would tell me all the time about how stupid a telephone was.. why would you need that? you want to talk to someone, you go them and talk face to face.. a little later on her family got a phone and it was a party line... then a phone to her home alone and she thought it was great to privacy but still better to talk face to face

Cell Phone:
my mother, can not understand why anyone would want a cell phone.. if you want to talk to someone call them on the land line.. no need to walk around with a brain cancer causing phone stuck to you head all day... no need to talk on the phone if you have things to do and work to do. If its real important they will find you...

Internet:

Again my mother, cant understand how people would sit in front of a computer,laptop, tablet... ect.. call them on the phone! go see them!... well now I got and ipad and I talk to her all time from the other side of world with face time..... she still refuses a cell phone

now we have digital currency.. Bitcoin... so we have old people  rich..yes they have made money, but this is just the next new thing to change the world in a major way.. this is the people's currency.. this is every day people saying we have had enough of big banks making a billion in profit per year and claiming a loss...

people like warren buffet.. cant understand it, dont want to understand it... he has already had his time.. cant teach old dogs new tricks... so he may be a little worried about what would happen if someday the world only accepted crypto currency? what if paper dollars can no longer be used?  that would not be good for big banks, the buffets of the world... do you think the billionaires of the world pay the same bank fees we do? or do they get special breaks because they have s much money sitting in the bank?

We are already just about there with our current system of interact cards and credit cards.. we still call it money but could easily call it credits.. my employment deposited 500 credits and I need to pay my rent of 200 credits..  what is money? just a piece of paper. At one time the governments had to have gold in storage to cover the money of paper notes floating around... then they decided that the paper dollar had its own identity and no longer need to be backed up by gold... how kool is that? now they can just print as needed..
yet they say crypto has no intrinsic value?? and paper money does not? hmmm interesting

Crypto or Bitcoin the people's currency has money behind it, from every day people believing in a change is needed... the governments dont want it as they have not figured out the way they can profit from it.. the banks dont want it.. then what would the banks do? well they could still loan crypto out..
 in the end crypto is here to stay, it will be the future currency or at least the block chain will be and along with that the grand father of all coins bitcoin will be around... might be that it has only a store value such as the digital gold.. not sure..

dont be listening to the old farts that have made millions.. the big banks and the rick are as think as thieves ... the more you see a guy like buffet crying about bitcoin, the more it tell you, it is the way of the future...

One day soon one of the major retailers will decide to roll the dice and accept crypto then the flood gates will be open the rest will follow.. and once digital currency and block chain is the way.. paper currency will be a thing of the past