Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[El duderino_]

Give me a litre of coffee this morning please.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[modrobert]

This is probably the last thread to get any support for altcoins (aka shitcoins), but not for lack of trying.

Still, to me there is a key difference between investing (as a store of value) and using it as a payment system.

Personally I think using altcoins as a pure payment system for small transactions is better than using something like PayPal (or Venmo), because at least altcoins are decentralized for the most part, and some of them tries to improve privacy.

I really like the lightning network (LN), but have to admit also using Litecoin for payments especially after they introduced MWEB (optionally making it more like cash). If using lightning or altcoins fail I try to resort to cash (fiat) but it slowly gets harder and harder to use, especially in Europe, perhaps in the western countries in general, last resort is to use something like Credit Card or pay direct via bank transfer by scanning QR code using phone app.

What do you guys think about payment systems? Shitcoin worse than Credit Card?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[goldkingcoiner]

Imagine telling in 2060 your grandsons that you paperhanded your bitcoins in 2024 for a sub 60K dollars.

"what? You sold your bitcoins for less than a litre^(*) of milk?"

(*) Yes, I know you guys over there don't know what a litre is.

yes we "over here" know what a litre is smartass

as in my cat had a litre of kittens, plural is kindle of kittens

crushed it

To be fair most Americans know what a 2 Liter Bottle is but not a litre. Lol

Two is more, which is better. Why learn 1 at all?

[OutOfMemory]

This is probably the last thread to get any support for altcoins (aka shitcoins), but not for lack of trying.


What do you guys think about payment systems? Shitcoin worse than Credit Card?


...

TLDR

If you say Shitcoin, you should include the fiat currencies as well.
The pivot points are still: (De)centralization and Inflation.
Bitcoin (the protocol) was created to solve both, very basic problems of financial systems, while all the other Shitcoins failed to do so.
Sure, there are always some caveats, for example the 51% theorem in regard of Decentralization, but basically using Shitcoins for payment systems is only better (or more widely) supported, yet.
If you are really interested in free (as freedom) money, you should not be interested in getting any support for shitcoins.
Lightning is a step on the evolution of Bitcoin as a global payment system. Pretty clever, as it also solves a big part of the scaling problem, but that's just my opinion.

Let me transform your original question to be more compatible with this thread's topic:

What does Bitcoin need to replace shitcoins and centralized payment systems?

[El duderino_]

Give me a litre of coffee this morning please.

Taking piece of the litre in latté…. Other piece of the litre is coming in Pomton

Charged up and ready for CF

[goldkingcoiner]

This is probably the last thread to get any support for altcoins (aka shitcoins), but not for lack of trying.


What do you guys think about payment systems? Shitcoin worse than Credit Card?


...

TLDR

If you say Shitcoin, you should include the fiat currencies as well.

I would take fiat over a shitcoin.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com