Bitcoin Forum
March 29, 2024, 07:14:51 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin Solves a Huge Problem for the Global Economy  (Read 1110 times)
CryptoCurrencyInc.com (OP)
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
January 27, 2014, 04:57:51 PM
 #1

Bitcoin Solves a Huge Problem for the Global Economy

Everyone’s talking about the fast growing digital currency Bitcoin. Jamie Dimon hates it, Marc Andreessen loves it, and Alan Greenspan thinks it’s a bubble with no intrinsic value.

Radio Show: Audio can be found at the link below.

http://business.time.com/2014/01/23/is-bitcoin-the-next-truly-global-currency/#ixzz2rcQkeRFD

                                                                               
                 
                                                       ╓▄▌██P                   
                                                 ╔▄▌███▀███▌                   
                                           ▄▄▌██▀▀╚  ╓██╩██                     
                                     ▄▄███▀▀╙      ▄██  ▓█                     
                               ▄▌███▀▀+          ▄█▀   ▐█                       
                        ,▄▌███▀▀¬              ▓█▀     █▄                       
                  ,▄▌███▀▀                  ,██▀      █▌                       
               '█████▌▄▄,                 ╓██╩       ██                         
                  ▀██▌▐▀▀▀█████▌▌▄▄╓    ▄██¬        ▄█                         
                     ▀██▄        ╚▀▀▀████          ▐█═                         
                        ▀██▄        ▓█▀██          █▀                           
                           ▀██▄  ,██▀   █µ        ██                           
                              ▀███Z     ██       ██                             
                                ▐██     ▐█      ▄█                             
                              ,,╓╓█▓▄▌   █▌    ▐█U                             
                        º▄▓▓▓▓▓▓▓▓▓███   ▀█    █▌                               
                          ▀█▓▓▓▓▓████▀█▌  █▌  ██                               
                            ▀███████▌  ▀█µ▀█ ██                                 
                              ▀█████     ███▓█                                 
                                ▐███      ▀██Ñ                                 
                                            ▀                             

1711696491
Hero Member
*
Offline Offline

Posts: 1711696491

View Profile Personal Message (Offline)

Ignore
1711696491
Reply with quote  #2

1711696491
Report to moderator
1711696491
Hero Member
*
Offline Offline

Posts: 1711696491

View Profile Personal Message (Offline)

Ignore
1711696491
Reply with quote  #2

1711696491
Report to moderator
1711696491
Hero Member
*
Offline Offline

Posts: 1711696491

View Profile Personal Message (Offline)

Ignore
1711696491
Reply with quote  #2

1711696491
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711696491
Hero Member
*
Offline Offline

Posts: 1711696491

View Profile Personal Message (Offline)

Ignore
1711696491
Reply with quote  #2

1711696491
Report to moderator
1711696491
Hero Member
*
Offline Offline

Posts: 1711696491

View Profile Personal Message (Offline)

Ignore
1711696491
Reply with quote  #2

1711696491
Report to moderator
1711696491
Hero Member
*
Offline Offline

Posts: 1711696491

View Profile Personal Message (Offline)

Ignore
1711696491
Reply with quote  #2

1711696491
Report to moderator
BADecker
Legendary
*
Offline Offline

Activity: 3738
Merit: 1363


View Profile
January 28, 2014, 06:57:25 PM
 #2

But... Bitcoin will destroy the fiat currencies. They will fail at exponentially greater rates. Their final crash will come all at once.

Bitcoin will survive. But there are very few people who understand it, and who use it to trade for THE THINGS THEY NEED TO SURVIVE. Think of all the elderly and sick who will die because they no longer receive a government check in the mail.

Smiley


BUDESONIDE essentially cures Covid symptoms in one day to one week >>> https://budesonideworks.com/.
Hydroxychloroquine is being used against Covid with great success >>> https://altcensored.com/watch?v=otRN0X6F81c.
Masks are stupid. Watch the first 5 minutes >>> https://www.bitchute.com/video/rlWESmrijl8Q/.
Don't be afraid to donate Bitcoin. Thank you. >>> 1JDJotyxZLFF8akGCxHeqMkD4YrrTmEAwz
oprahwindfury
Full Member
***
Offline Offline

Activity: 552
Merit: 108



View Profile
January 29, 2014, 08:04:54 AM
 #3

It's great to push for bitcoin adoption and all but saying bitcoin will solve global economic crises is a huge stretch. Bitcoin in its current state is unwieldy. Think about how many fees you pay on exchanges to aquire bitcoins or move them to fiat to spend locally. Of course in the present, the bitcoin economy hasn't grown to the point where someone wouldn't need to convert to fiat in order to use his/her money.

Think about how difficult it is to explain bitcoin to an average person in the U.S. who has access to internet and other 1st world amenities. Now think how hard it would be to explain bitcoin to someone in Africa who has no knowledge or concept of what the internet even is.

reymarkperry
Member
**
Offline Offline

Activity: 201
Merit: 10

https://rangersprotocol.com/


View Profile
January 31, 2014, 07:29:50 AM
 #4

I think it’s too early to say that bitcoin can solve global economy problem because it is just starting to gain popularity. It is not yet stable and many people are still speculating its true use to our economy, whether it could be really beneficial or not. It may have a huge help in online casino industry, but it is still under evaluation in some businesses.

|   Facebook   |     Twitter     |                    R A N G E R S                    |    Discord    |    Medium    |
|    Telegram    |                    ─────     PROTOCOL     ─────                    |    Gitbook    |
████  ███  ██  █          VIRTUAL WORLDS BLOCKCHAIN INFRASTRUCTURE          █  ██  ███  ████
alicex
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
January 31, 2014, 10:52:16 AM
Last edit: April 11, 2014, 07:42:01 AM by alicex
 #5

It's great to push for bitcoin adoption and all but saying bitcoin will solve global economic crises is a huge stretch. Bitcoin in its current state is unwieldy. Think about how many fees you pay on exchanges to aquire bitcoins or move them to fiat to spend locally. Of course in the present, the bitcoin economy hasn't grown to the point where someone wouldn't need to convert to fiat in order to use his/her money.
sickpig
Legendary
*
Offline Offline

Activity: 1260
Merit: 1008


View Profile
January 31, 2014, 11:22:04 AM
Last edit: January 31, 2014, 01:57:28 PM by sickpig
 #6

Bitcoin Solves a Huge Problem for the Global Economy

Everyone’s talking about the fast growing digital currency Bitcoin. Jamie Dimon hates it, Marc Andreessen loves it, and Alan Greenspan thinks it’s a bubble with no intrinsic value.

Radio Show: Audio can be found at the link below.

http://business.time.com/2014/01/23/is-bitcoin-the-next-truly-global-currency/#ixzz2rcQkeRFD


Both guests agree that btc limited supply will be the reason why it couldn't be a global currency... wow.
And all person involved in the discussion, host included, agree on the need of a central authority to stabilize the value and to protect customers.. wow number 2.

Is like they were trying to wrap their minds around the idea of btc using the wrong pair of glasses.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
visionco13
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
January 31, 2014, 12:53:27 PM
 #7

Awesome show  Grin Thanks for sharing!
BTCIndia
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500

vini, vedi, no vici.


View Profile
January 31, 2014, 01:42:54 PM
 #8

Bitcoin also raises biggest problem for existing  currency.

He's Nick Sazbo from Washington. I've my answer. Or Hal? :O
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!