I am not sure whether I completely agree with you at least in regards to there being any need to have many options for paying; however, I do agree that the facts of the ways of the world is that we already have a lot of options, and if we have a lot of options, in accordance with Gresham's law, we likely would want to spend our less valuable assets prior to spending our more valuable assets .. and each of us should be able to conclude that bitcoin is amongst the best of assets, if not the best asset, so we should not want to spend that one first - yet there could be situations in which we might want to spend and replace bitcoin or that we are already overly invested into bitcoin and in that regard, there is no problem to spend some of our bitcoin because we are relatively overallocated to it.
My reason is because a lot of countries do not have internet every where. I lot of places in Africa need offline money and sending transactions offline with Bitcoin is difficult. It can be done by giving someone a seed of a set amount but that is not ideal. We need different currencies for different things. Bitcoin is the king when it comes to global transactions but when it comes to local and quick transactions physical might be better not always but in certain times.
Yep.. for sure problems if you get old and you might not have adequately prepared .. and some older people might ONLY have a pension or social security and maybe their house and they might not have other assets and their pension and social security might not be adequate to cover their expenses, so they might have a dilemma about what to do about their living situation, and it is not necessarily a comfortable situation.. and surely there are some folks who might not even own any real estate, so they have even fewer options when their fixed incomes might be failing to keep up with their ongoing monthly expenses... so it may be too late for those people to invest in bitcoin and they should have had been investing in the past (and yeah, we did not really have bitcoin until recent times, either).
That is only if you have the liberty of a pension in the 1st place because many countries rely on their family and children to take care of them when they get older. Pensions are a western privilege but even then they are not good when you factor in inflation. I think a lot of people do not own real estate and are still paying off their mortgage up until they are 50-60.
hahahahaha
I have had similar experiences. Talk them for a little bit, and they get less excited when it comes to figuring out how much they are able to comfortably invest... and the overwhelming majority fail/refuse to take any action.... so from my perspective, that's on them. I did my part.
That is all we can do is our part but it is up to them if they drink from the water and take it further most people do not and they will forever be poor. I am not saying that Bitcoin will make them rich because a lot of people do not have the time or investment to profit off of it in a big way but you will be in a better place then you are now if you invest in Bitcoin even if it is only a few 1000 in a couple of years.
sometimes I am mean about it, even in real life.. but i cannot help myself.. and if they are adamant and confrontational about their choices to invest in shitcoins, then likely we cannot end up in a battle.. we just have to agree to disagree and I will not concede that I think that they are doing anything worth while, except perhaps gambling... but whatever, I am around bitcoin and into bitcoin to invest, not gamble.
I have sat through many conversations about shitcoins with my friends and they always get angry when I call them shitcoins
it is my way of coping because most of the shit they invest it is brain numbing.
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