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Author Topic: What Satoshi Sees, What You See, Am I missing something?  (Read 227 times)
TimeBits (OP)
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May 13, 2019, 09:30:17 AM
 #21

Yes, bitcoin is a new incarnation of digital money incorporating blockchain technology, a veritable revolution. But bitcoin can coexist and thrive with fiat currencies. There will always be a use for cash. For example, if the power grid goes down due to a natural disaster, cash can be handy.


What if you had a phone or watch that had a solar panel in it, remember those old calculators?
 that little strip gave it enough power to run with nothing else needed. (unless you are somewhere where the shine don`t shine you should be alright, give it a back up battery or two)

It has been proven people don`t use cash in natural disasters it becomes a free for all lol, Go ahead and line up at the bank to get money that is not there while your house gets looted.
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TimeBits (OP)
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May 13, 2019, 09:40:02 AM
 #22

Yes, bitcoin is a new incarnation of digital money incorporating blockchain technology, a veritable revolution. But bitcoin can coexist and thrive with fiat currencies. There will always be a use for cash. For example, if the power grid goes down due to a natural disaster, cash can be handy.

Yah the use of that fiat cash, it is to en$lave you and make your gains another mans gain, you do all the tricks and they get all the treats!
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May 13, 2019, 10:11:00 AM
 #23

Yes I can, yes I can.  If they wanted to be greedy tho they would just hold btc, they are just fools. They are literally trading real money(btc,backed by work) for monopoly money and expecting to get their real money back in the future for cheaper with the monopoly money they gained LOL, there is a reason people are trading $9000 for 1 btc, it will be $90000 for 1 when you wake up one day overnight. (CAD I am in Canada)

How can you call someone a fool just just because he / she sold some bitcoin? What if a person did it for a reason to buy food, medicine or maybe a rent? For me, it is not justified to have 1 BTC, hold it and be hungry or living on street waiting for the price to rise to some astronomical amounts.

In other words you say that it is justified to sell bitcoin for $90k and not for $9000, does it make someone less foolish?



Pay attention to your posting, there is edit button and you can also quote more then one post in single post.

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TimeBits (OP)
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May 13, 2019, 10:31:23 AM
Last edit: May 13, 2019, 10:53:58 AM by TimeBits
 #24

Yes I can, yes I can.  If they wanted to be greedy tho they would just hold btc, they are just fools. They are literally trading real money(btc,backed by work) for monopoly money and expecting to get their real money back in the future for cheaper with the monopoly money they gained LOL, there is a reason people are trading $9000 for 1 btc, it will be $90000 for 1 when you wake up one day overnight. (CAD I am in Canada)

How can you call someone a fool just just because he / she sold some bitcoin? What if a person did it for a reason to buy food, medicine or maybe a rent? For me, it is not justified to have 1 BTC, hold it and be hungry or living on street waiting for the price to rise to some astronomical amounts.

In other words you say that it is justified to sell bitcoin for $90k and not for $9000, does it make someone less foolish?



Pay attention to your posting, there is edit button and you can also quote more then one post in single post.

I can call whoever I want a fool because it is my right to, infact I can call anyone any word I please. (Sticks and stones may break my bones, BUT WORDS MAY NEVER HURT ME) IT IS THEIR RIGHT NOT TO LISTEN
If they are buying more bitcoin to obtain more fiat, they did not buy bitcoin for the right reason in the first place, and should not be gambling in the first place.

No, I say don`t sell your bitcoin ever until there is fairly distributed money supply in circulation, which there is TIME/DURATION, the people are just to FOOLISH to accept it.

I am not demanding people, not trade slave money for a some what legit money supply. I am just giving them a reason as to why they should not, (a suggestion). Don`t like the suggestion go to another post and talk about the fiat price some more  Wink

I try my best to edit stuff so it`s not such a mess, but in the end, life is a blockchain, so there is no reason to. Making more edits to something just creates more data in time, But I will try and keep it a bit cleaner there for yah bud.
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May 14, 2019, 05:58:40 PM
 #25

It is just that Satoshi has this idea that people can send money to other people without an institution involved in it and Satoshi didn't really see that it will go this far and people using bitcoin as an investment like digital gold.  I still see some people that using bitcoin not just only for its value but they are using it because they love the idea of anonymity.
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