Topic: Why is the Dollar good and Bitcoin bad for people - page 4. (Read 834 times)

Most of the persons thinking about bitcoin scam. But most of the persons Don't knowlages about Bitcoin. So before use the Bitcoin. We need to improve the knowledge. Knowledge is help to avoid thr scam. Dollar is easy use and reach the every where. Dollar is good one. But bitcoin is best investment.

Why is it that whenever you Bitcoin evangelists see some argument against Bitcoin you always repeat literally the same childish accusations: "you don't understand Bitcoin", "you hate Bitcoin", you're mad because you didn't buy cheap", "you're a boomer", etc. Wherever there's a post or an article against Bitcoin, you evangelists come along and troll the comment section with that stuff. It's like you all read from the same manual. If we add to that your practice of excessive devotion to numbers on the screen it is no wonder more and more people view you as crazy cult members.

Btw, being mad at scammers and fraudsters that spread lies and propaganda to extract money from the public is a reaction of every normal person.

Why would you hate anyone? Your anger is misplaced. Not everyone involved in crypto is out to scam people. You can't educate people about something you know absolutely nothing about yourself. You are a proven ignoramus and use lies and distortions to cover up your ignorance. If you're frustrated, focus that energy on understanding the technology instead of throwing out baseless accusations.

Why would I hate numbers on the screen? I hate people like you that spread lies and propaganda with the purpose to extract good numbers(fiat) from the public and dump them bad numbers(crypto). People like you were either stupid, greedy or naive to join these idiotic crypto schemes, others dumped bad numbers on you and now you're forced to spread lies and propaganda to dump them on someone else. So it is people like you what I hate. Not numbers.

well yeah i mean anywhere i want to buy something i need fiat, not bitcoin! so yeah i mean obviously fiat has value as a tool. you're not convincing me otherwise.


yeah i don't really know what that means "legalizing bitcoin". there's no way the united states is ever going to move from fiat to bitcoin because then they would lose the power to print money out of thin air! and lose control over the people. and lose everything.

Worthless? Every tool has some worth and fiat as a tool has worth as well!
Why do people measure price in fiat? Simple, fiat is a currency and value of everything can be measured in currency terms including value of money (aka bitcoin).
Why do they "cash out"? Simple, bitcoin's is still in its infancy so its adoption is still low so they have to convert their bitcoin into a currency that is already mass adopted until the day bitcoin reaches mass adoption.

To be fair, fiat isn't useless and you're right, if it were useless people wouldn't have converted BTC to fiat or it would still be in use today, which shows it's very useful. But BTC is not as bad as what the OP said, BTC and fiat both have different use cases and both bring us value in use. Both still exist and grow together, governments are gradually legalizing bitcoin and we can take advantage of both without having to compare or badmouth each other.

Anything that consumes electricity emits emissions and harms the environment, not just bitcoin. Even operating the current monetary system creates emissions many times larger than mining bitcoin. The important thing is that they consume energy but create value, benefiting us and that is the price we pay for modernity.

The only thing that holds fiat together is fiat, that strict order by the government for everybody's compliance. That's the main thing that prevents fiat from crumbling down despite its abuses and absurdities. So, yeah, despite fiat's rotten system, people are forced to accept and pay it.

You want to have a haircut, you can bring a piece of paper to a barber assured that he will take it as payment. That's despite the fact that you and the barber are abused in more ways than one by using it. For one, the barber spends long tiring minutes to earn that piece of paper while those powerful people giving the orders forcibly demanding everybody to use it are earning so much of it by merely printing it themselves.

Now, take time absorbing why the dollar is bad and Bitcoin is good for everybody.

if fiat is so worthless then why does everyone want to compare how much fiat 1BTC is worth? and why do they have to "cash out" their bitcoin into fiat? if bitcoin was really valuable, you wouldn't need to cash it out into something worthless so it could be used to pay bills, buy food, etc.

converting electricity into btc is a one-way operation. you can't go back in reverse. that's why bitcoin has environmental impacts/issues which need to be scrutinized in an ongoing manner. to make sure that it is not destroying the environment.

OP, you're right. And I'm on a mission to help people who've come to realise the same thing you have to get rid of their Bitcoin as fast as possible.

Immediate P2P settlement with me. Sell me your Bitcoin and I will give you for every coin... not the zero you think it's worth but USD 100 (yes, the precious commodity you believe in). Pure Benjamins, freshest possible off the press. Good deal? Now go get me those worthless BTC quick!

You might not realize it or are too stubborn to accept it but you proved to yourself with your words that traditional financial systems are flawed and their only purpose is to earn money from you as a customer which isn't the case with Bitcoin or cryptocurrencies because no central authorities are handling or controlling anything.

Comparing a loan with a mining reward is a flawed theory in itself because a loan is an amount of money borrowed for a fixed interest being paid on top of it when the money is being repaid whereas a mining reward is a reward that is received for doing something, and when you do some work and get rewarded for it, you are not obliged to return that or give anything back to anyone, that's why it's better.

And what's the protection you are talking about? Bitcoin holders or users don't need central protection, and I don't see how banks are protecting their customers. If you take a loan and don't repay it on time, your property is taken back, right? How is that protection? If you say someone can use the money to buy goods and services, I would say the same thing can happen with Bitcoin but with the benefit that no one would be watching your transactions and keeping an eye on how and where you are spending your money.

OP is a troll that's trying to get your attention and it just so happens that bitcoin being a bad thing is a really good way to mess with the nerves of many people here in the forum and OP loves the attention he's getting out of this so he continues doing this kind of thing because it's a fun thing to do. I guess there must be some genuine need for OP to debate on this topic but seeing the wall of text and his way of doing things in the past, I don't think it's to generate a discussion but rather to deal just do what he's doing right now.

Whoever said Bitcoin is bad? Sometimes I don't know if some members of this forum just wake up from their bed and take some alcohol before writing in here. This is shit threadand am disappointed by the OP.

Thank you for saving our time.
The topic caught my attention and I was curious about why Bitcoin is bad for people when it was created to complement fiat and provide people an alternative to escape the flaws caused by the government through fiat mismanagement.

The internet is full of both sides of the story.  If you truly want to educate, then equip people with the knowledge to make informed decisions.  That means acknowledging the potential downsides of Bitcoin alongside its possible benefits.  If your arguments focus only on one view, then you are also spreading lies and propaganda about Bitcoin. Just the other way around.

Yes, the one who posted it is someone who hates Bitcoin and that's why he came with such negative ideas. Everything that's written in this post if just useless and one should avoid wasting his/her time by reading such a baseless and useless post.

I've gone through it and I can surely say that OP has nothing to do but to make such posts and those who know such people should either ignore them or just avoid reading their posts.

I wonder how you people come out of no where and start pushing this weird narrative.  Do you just happen to wake up randomly one day convinced you must milk Banks and Fiat and tell every body Bitcoin is bad?

You are right and just caught us red handed pretty much.  The Dollar protects us so well it lost 95 percent of its value over the past 100 years.  Sounds like a very protective Asset.

Did you have to complicate Mining so much?  Miners help Bitcoin stay up and running and verify Transactions.  They get rewarded for it.  Many of them have to often wait for years before the rewards exceed the costs of Mining.  We are and should not be owed anything for their work.  What do you want?  A 5 Dollar Target coupon every Block?  A free Lottery Ticket every time you spend?  Do you think Miners should be forced to do something?  I never heard of some body calling Bitcoin out for not promoting slave labor, this is a Currency promoting FREEDOM.

I can have 1000 Dollars on me and go to a random country that does not have Dollars as legal tender.  If I try to get a haircut, I will not be able to unless I found some body good willing and exchanged my Dollars for the local Currency so I can use it locally.  Dollars are not magical pieces of paper that are accepted any where.  You may argue Dollars can be put on a Debit Card and spent any where in the World.  Well, so can Bitcoin.  Dollars need to be exchanged to local Currencies, so can Bitcoin.

In fact, you could go to El Salvador and get a haircut for Bitcoin.  You make no sense.

But you know what.  You stick to your Banks and Dollars, I stick to my Bitcoin and Freedom.

And do you understand that anyone can come up and decide to teach people anything they sole wish or desire; in the name of educating the people, right ? They can teach propaganda too, teach lies, things that are not real, or not as they truly are, and this is exactly what you have done here, or doing actually.

I am not disappointed really, for a man once said that, if no body is opposing what you are doing, then there is a very high chances that you are doing the wrong thing, you opposing the use of bitcoin here only proves and says one thing to me, and that is that, my involvement in bitcoin is the real deal, keep going - this is what I hear.

Keep day dreaming and staking up the dollar, while those of us in bitcoin do same but with Bitcoin, and if we are not stopping you, then don't try to stop us also.

this guy again with all his bs. don't you get bored of writing this stuff? you're writing this on a bitcoin forum where no one will care about what you say. you'd be better off moving to a forum that discusses fiat or banking, maybe people there will be more welcoming to the topics you want to discuss with them. honestly what you say won't change the views of people here who already believe in bitcoin.

I don't know if you are saying this either out of ignorance or you are saying this simply because you want to draw attention to your stupidity, of which its obvious you finally succeeded. So if I may ask who told you that by investing in Bitcoin people can't have value for it in terms of goods and services offered? Because if that's the perception you have been having, then it's a wrong perception, because ever since Bitcoin was created as a digital currency, it's investors has always been able to equate it's price to the current value of goods and services in the market, just like in the case of Lazio who bought 2 pizzas with 10,000 Bitcoins 14yrs ago. Hence, the value of Bitcoin that can be translated into goods or services is a factor dependent on time.


With this statement, it's evident that you lack knowledge about how the principle of money works, because if you had an atom of clue you must have known that money either physical (i.e Cash) or digital (i.e electronic numbers) all have the same value, and can be used to acquire whatever item dime fit buy by the investor.