jamesashmore1964 (OP)
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July 07, 2018, 06:23:31 AM |
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Bitcoin is the Future: Countries that have flawed currencies are turning towards Bitcoin/ Crypto: FACT FIAT will fail because it went off the gold standard! FIAT will implode eventually! The founder of Bitcoin understood this: He was and is a genius!
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jamesashmore1964 (OP)
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July 07, 2018, 06:31:23 AM |
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Warren Buffet and Bill Gates need to keep their thoughts to themselves. If the US economy collapses Warren will be regarded as the biggest fool of our time. Bill on the other hand likes to take things for Free: DOS: His daddy is a lawyer and did his daddy help him take things for free! Bill needs to come clean because from where I sit he is dirty!
Long live BITCOIN!
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BitRentXx
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July 07, 2018, 07:33:07 AM |
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The dollar keeps eroding paper money so the paper money really loses its value. But once bitcoin comes in, and weaker people start switching using bitcoin and eventually the dollars will lose fans.
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jamesashmore1964 (OP)
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July 07, 2018, 10:31:11 AM |
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The dollar keeps eroding paper money so the paper money really loses its value. But once bitcoin comes in, and weaker people start switching using bitcoin and eventually the dollars will lose fans.
Let’s hope this is the case!
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Outsider07
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July 08, 2018, 08:07:30 PM |
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The reason for the existence of the bitcoin is to replace the fiat money. Now bitcoin is getting accepted by different country’s governments as well as different companies and institutions. When bitcoin will be accepted by all then the fiat money will lose its value. People will be use bitcoin only.
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Dr.2x
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July 09, 2018, 01:14:32 PM |
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That's an interesting post. It is good to see the countries open up to Bitcoin gradually , I believe it is a really good time for Bitcoin. I think and hope that it will grow more in future.
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Marlo Stanfield
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July 09, 2018, 07:59:01 PM |
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Bitcoin is the Future: Countries that have flawed currencies are turning towards Bitcoin/ Crypto: FACT FIAT will fail because it went off the gold standard! FIAT will implode eventually! The founder of Bitcoin understood this: He was and is a genius!
Having debt isn't an inherently bad thing. It really depends on the whole economic picture. You can't really simplify things like this and get anything from it.
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ovcijisir
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July 09, 2018, 08:00:07 PM |
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USA have debt, not US dollar. US dollar is just a tool to exchange goods between people.
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darktripper420
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July 09, 2018, 08:31:20 PM |
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BTC is the future for sure
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Conasse
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July 09, 2018, 08:39:59 PM |
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The US Dollar has DEBT and Bitcoin has none Wrong the USD doesn't have any debt. The government does and so the US citizens
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Bouffe ma chatte, pas la planète!
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franky1
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July 09, 2018, 08:49:40 PM |
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bitcoin has not debt??
care to tell the MTGox creditors(class action claimants) this.. they will disagree
what you meant to say is bitcoin is not created via debt agreements (credit/mortgage/bonds)
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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NorrisK
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July 09, 2018, 08:53:10 PM |
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It's only a matter of time before someone invents an altcoin that can act as bitcoin debt.
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jaythelingly
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July 09, 2018, 08:56:08 PM |
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Bitcoin is becoming popular and it is also not acceptable all the countries. If bitcoin remains their performance then they will acceptable all the countries and then bitcoin will compete with dollars.
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franky1
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July 09, 2018, 08:57:01 PM |
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It's only a matter of time before someone invents an altcoin that can act as bitcoin debt.
some already did. they swapped someones mtgox login for coin (buying off their debt at pennies to the dollar)
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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online73
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July 09, 2018, 09:06:34 PM |
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I already say to many of my friends who listen to the opinions of people who claim that Bitcoin is a bubble and it will soon burst, but if you look at everything seriously, then most likely the dollar is a bubble. It's just that the American scammers built everything very cool. But, I agree that sooner or later the dollar pyramid will be abandoned. I can not say that Bitcoin will take the place of the dollar, but the fact that the digital asset will be the equivalent of the dollar - I'm sure of that. Personally, I, with all the shortcomings, Bitcoin causes more confidence than the dollar, with its turbid public debt, which is sold to all. I am amazed, because my country also invests money in the state debt, - delirium.
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sakahayang
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July 09, 2018, 09:13:37 PM |
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It's only a matter of time before someone invents an altcoin that can act as bitcoin debt.
some already did. they swapped someones mtgox login for coin (buying off their debt at pennies to the dollar) Does Bitcoin have debts? this is really surprising, it turns out Bitcoin still need Fiat. Bitcoin with Fiat can not be separated, it will be difficult for Bitcoin if have to part with Fiat. should be between Fiat and Bitcoin should be able to establish a good relationship.
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drmilind2004
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July 09, 2018, 09:28:17 PM |
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The US Dollar has a physical nation, Bitcoin has none. That physical nation has a physical police force and army that can do anything to anybody at anyplace for the sake of that US dollar. Bitcoin has ..... hackers?!
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palle11
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July 09, 2018, 09:58:50 PM |
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The debt that is accumulated by fiat or USD is because it is controlled by the government and it is carried about physically to satisfy the society's need.
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abanansah
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July 09, 2018, 10:38:41 PM |
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It never came to me to that the US dollar has debts while the bitcoins has none, but I don't think the debt will be the main cause of countries shifting to bitcoins and dumping fiat.
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r32godzilla
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July 09, 2018, 11:56:27 PM |
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Bitcoin is the Future: Countries that have flawed currencies are turning towards Bitcoin/ Crypto: FACT FIAT will fail because it went off the gold standard! FIAT will implode eventually! The founder of Bitcoin understood this: He was and is a genius!
That's why dollar is said to collapse surely one or the another day.At that time,big shots like Warren Buffett,Bill gates,etc would be the ultimate losers who usually used to say that bitcoin is nothing but an illusion.
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