Why would anyone spend their coins? - page 2.

Xenoph0bia

hero member

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Quote from: Elleria on November 22, 2013, 03:16:46 PM

I can see that you can now use Bitcoins to pay for various things, including food, property and even a ride on a Virgin Galactic spaceship, but why would I want to actually spend coins when the value has increased by 30,000% over the last 2 years? Perhaps I don't yet fully understand all the benefits, but holding on to coins (or working to increase the amount you own) seems far more sensible at the moment.

Because it is not guaranteed the value will increase over the next 2 years. No one know future

Gator-hex

hero member

Activity: 490

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Not forcing people to spend their money before inflation destroys it's value will be better for the environment and retirees.

It will also mean old people won't have to work until they drop dead, which will mean more jobs for young people!

Debt money is a form of slavery. Governments sell the unborn labour of their citizens forward to bond holders who are paid through taxing their labour all their lives. Bondage means "to be born into debt servitude" This is why you have to register your birth and why you cannot get a job without a valid birth certificate!

The Matrix: You are a slave Neo!
http://youtu.be/06WgfAv9LOo?t=1m18s

Richard Branson is a true capitalist who has fought all his life against a corrupt system. He recognises the true capitalism that Bitcoin offers. No bailouts, no corrupt politicians, no plutocrats, no corporate fascism.

Elleria

newbie

Activity: 7

Merit: 0

I can see that you can now use Bitcoins to pay for various things, including food, property and even a ride on a Virgin Galactic spaceship, but why would I want to actually spend coins when the value has increased by 30,000% over the last 2 years? Perhaps I don't yet fully understand all the benefits, but holding on to coins (or working to increase the amount you own) seems far more sensible at the moment.

Topic: Why would anyone spend their coins? - page 2. (Read 1031 times)