Bitcoin Forum
June 27, 2024, 12:23:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Politics & Society / Re: Do not trust everything you see in the internet on: September 01, 2021, 06:48:09 AM
I agree to this very much, internet has misled people in everything almost. I was trying to self diagnose a symptom of a common pain I got a few months ago, and Google told me I had cancer and few weeks to live Smiley

Along with that, fake news, rumors, social media, addiction has a very strong hold on our brains, which is very bad for a normal living average persons, it impacts them so much!
2  Economy / Economics / Re: Why would people ever use bitcoin if its expected to always go up? on: August 31, 2021, 10:43:52 AM
I don't quite get your question, but do you mean that people will hold their coins instead of selling them if Bitcoin is going to up anyways in future and they will be in loss if they spend now, right?

Then that's the case with almost other currencies, okay, may not be with fiat because of inflation, but how about gold and silver?

Let's say, you have gold in your locker, and you know in future it will grow in value surely as it's a very rare metal and precious, but you will still sell it. Why? Because you have to meet your needs. Will you not eat food or drink water for 7 days just for saving more money? No right? That's why even if we assume that, Bitcoin in the long run will go up, still if we use it as currency, we will be willing to spend it for our needs because needs is what we need, we can't eat bitcoins, or gold, we have survival instincts which is quenched by only food and water!
3  Bitcoin / Bitcoin Discussion / Re: Next US president pro-bitcoin? on: August 31, 2021, 08:53:41 AM
I would be very skeptical of such a scenario and to be honest, it largely depends on the very perception of the American public at large, and how they view crypto and blockchain in general as compared to the US dollar. If a presidential candidate comes up with such statements in which he thrashes the US dollar and promotes bitcoin while the public considers it otherwise, it might be a smooth political suicide for the candidate. It's very subjective to be predictable.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!