Bitcoin was designed as a peer-to-peer payment system
And it is. Still.
By this logic I can also pay my taxes in horse manure, comic books and old vinyl records, by first converting them to fiat
You could if people actually wanted those things. Last I checked they don't have a multi-trillion $ market cap and are traded on the world's largest, secured, computer network 365/24/7. Do you not read anything we say or just have fun responding to good points with bad ones, over and over?
Likewise, Bitcoin will never have any actual value.
It already does, and guys like you are why there are only a small number of visionaries in human societies, who are rewarded greatly for their vision and for taking risk. It has happened before and you sadly are seeing it happen again; I say sadly because you don't see it, but you'll be forced to watch it as you protest all the more.
But what if Bitcoin is 5k or below in 2025? What will YOU say?
I've answered this, which is why I'm both a good faith discusser of things and a logical man, assessing things as they actually are - not just coming to conclusions and then retrofitting everything. If the network loses major adoption and appears to go nowhere, and that persists, I will have to re-evaluate the asset, since adoption and network effect (really hash rate) determine, or are directly related to, its value over time.
Fiat will collapse, it always has. No one ever had a way out before.
They never talk about this,
something we actually know in life, which shows even more how absurd the protestors are.
Isn't the first paragraph just describing an element present in much of modern capitalism. For one person to get ahead, someone else or many have to miss out? It's certainly not limited to speculative assets.
I think this is how blind and emotional the stance really is, and it is clear in many, as related to boomer-ism. The system that currently exists debases people much more and in fact incentivizes "gambling" by its actions and abuses, and then they go and blame the people who might take risks as the problem. It would not be shocking if we weren't at a forum like this, which largely sees things clearly in life.
But let’s say currencies collapse and your only left with bitcoins. What happens then. Forget about the famine, wars, etc.
You are in one of the better positions you could have ever dreamed of.
Before fiat has no backing. You do realize most of dumb population believe actual fiat currency is backed by gold or something tangible. Some even think coins have silver in them.
So why shouldn't people who see things as they are, and will take risk to set themselves up, like any intelligent businessman or otherwise, be rewarded for their hard work and prescience? Our discussion here proves that the people who can't see things clearly, or won't, will always be left behind. It's nothing new. The worst part is that they actually have a shot at improving their lot,
but still won't do it. Others locked out of the system can't say as much.
Anything can be a currency
But anything can't be money. This is where you keep failing.
www.forbes.com
pt-pt.worldcoin.org
en.m.wikipedia.org
