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17290510

Anonymous Mon Feb 17 02:27:45 2020 No.17290510 [Reply] [Original]

>Digital currency that is going to shut out the government
>A decade later and its entire worth is still tied to USD and thats all anyone cares about

>How much for this apple, merchant?
>0.000346 Bitcoin, sir!
>Okay let me just pull my phone out
>Oh sorry its not 0.000358 Bitcoin, market fluctuations you know..
>No worries, just opening my wallet to scan your Q code
>I do apologize sir but it is now 0.000339, nice little discount for you there eh!
>Actually merchant, when I type 0.000339 in to my USD/BTC converter, that is showing $1..little expensive for an apple, don't you think?
>No no, see your converter must be pulling info from an outdated exchange! By my calculator you are only paying 85 cents!

People will never stop comparing the value of crypto to fiat currency. Not in our lifetime. Its BEST use case, after TEN years, has been to by drugs anonymously, with a sloppy exchange rate and unfair fees, that people put up with only to get drugs.

>>	Anonymous Mon Feb 17 02:36:02 2020 No.17290583 10 years is not that long tho

>>	Anonymous Mon Feb 17 02:37:23 2020 No.17290595 >>17290510 >How much for this apple, merchant? >2 DAI, sir >Okay, sounds good >Transaction clears after a couple seconds now that ETH2.0 sharing is implemented >We go on our merry ways

>>

Anonymous Mon Feb 17 02:38:40 2020 No.17290609

you are going to get a lot of shit for this especially from the shillers but you are on the right track.

consider what the extended consequences would be if USD ever collapsed and were replaced with BTC. There would be much bigger problems to worry about

>>	Anonymous Mon Feb 17 02:40:29 2020 No.17290621 >>17290583 yeah, give it a few centuries brah

>>	Anonymous Mon Feb 17 02:41:03 2020 No.17290625 File: 24 KB, 502x358, 551C6F90-CE12-4B45-9532-1384BD71B678.jpg [View same] [iqdb] [saucenao] [google] >>17290510

>>	Anonymous Mon Feb 17 02:41:31 2020 No.17290628 >>17290595 because this doesn't work at all with USD and the current payment systems, right?

>>	Anonymous Mon Feb 17 02:42:39 2020 No.17290640 >>17290510 Do you realize how complicated it was just to send an email in the early days of the internet?

>>	Anonymous Mon Feb 17 02:43:36 2020 No.17290655 >>17290510 Normal money does that tho

>>	Anonymous Mon Feb 17 02:44:50 2020 No.17290667 >>17290640 yeah, you had to like type shit and click send, impossible to imagine today

>>	Anonymous Mon Feb 17 02:46:47 2020 No.17290687 >>17290640 you can't assume an exponential growth rate will continue indefinitely though.

>>	Anonymous Mon Feb 17 02:49:20 2020 No.17290709 >>17290510 So dont buy any and keep being a broke no coiner. The smart people will keep handling this.

>>

Anonymous Mon Feb 17 02:52:17 2020 No.17290738

>>17290709

My guy, I'm as deep in all this as the rest of you. But the very fact we are speculating on this stuff is absurd.
Just look at everyone here. They are only hoping they can catch a bubble to 100k or 1mil and cash out at the right time.
Nobody here really believes in crypto or is trying to use it for anything.

>>	Anonymous Mon Feb 17 02:54:20 2020 No.17290751 >>17290738 But i trust the bitcoin network more than the federal reserve and keep a percentage of my savings in bitcoin, using it as a savings vehicle, so you are incorrect.

>>

Anonymous Mon Feb 17 02:54:38 2020 No.17290756

>>17290510
Crypto is a meme and unironically useless. The only "use" is to avoid inflation and a gold standard has done that perfectly before. BTC has no value, it's a ponzi scheme and you should only be in it to make profits not be in it "for the tech".

>>	Anonymous Mon Feb 17 02:54:48 2020 No.17290757 >>17290709 >speculation >smart

>>	Anonymous Mon Feb 17 02:56:05 2020 No.17290772 >>17290640 I'm 12 Years Old and What is This?

>>	Anonymous Mon Feb 17 02:56:30 2020 No.17290775 File: 153 KB, 1000x1000, sm.jpg [View same] [iqdb] [saucenao] [google] >>17290510 What kind of autistic sociopath buys a single apple?

>>	Anonymous Mon Feb 17 02:56:34 2020 No.17290777 >>17290756 >crypto has no use >crypto has these uses Holy fuck this thread. the newfags are here. Bullish

>>	Anonymous Mon Feb 17 02:57:06 2020 No.17290781 >>17290756 Shut the fuck up slave

>>	Anonymous Mon Feb 17 02:57:15 2020 No.17290782 >>17290510 CryptoCURRENCY is a meme. Blockchain tech isn’t and we’re all gonna see a big boy bull run when the world realizes griptoe isn’t about muh coins

>>	Anonymous Mon Feb 17 02:57:53 2020 No.17290786 >>17290738 That's not true. LINK will transform the finance and insurance space. But hey, I didn't drop my $$ on them to lose money. When the time comes I'll cash out a bit for my yacht.

>>	Anonymous Mon Feb 17 02:59:09 2020 No.17290799 >>17290782 Smoooooooth! Epic newfag post bro! 10/10 rofl

>>	Anonymous Mon Feb 17 03:01:14 2020 No.17290813 >>17290799 how old are you??

>>

Anonymous Mon Feb 17 03:01:55 2020 No.17290820

>>17290510
I mean, my grandparents bought a 4 bedroom house for $30,000, that house is now worth $370,000 did the value of the USD go up, or down?
it's called purchasing power and the dollar has way less, I need more money to get into the same thing, fiat is an illusion, yes it's always going to have $20 written on it, in the early 2000's you could go to the grocery store with $20 and fill a cart full of food, what does $20 get now? Yes, inflation, whatever, it's the same thing whatever someone is willing to give value to it is its value, the gasoline dollar is not as strong as it was

>>	Anonymous Mon Feb 17 03:02:30 2020 No.17290823 >>17290813 Older than anybody posting about “blockchain tech”

>>	Anonymous Mon Feb 17 03:03:06 2020 No.17290828 File: 106 KB, 800x750, BE055449-2EFC-4E3A-BF29-6C4A8CB87423.png [View same] [iqdb] [saucenao] [google] >>17290799 >Smoooooooth! Epic newfag post bro! 10/10 rofl

>>

Anonymous Mon Feb 17 03:03:38 2020 No.17290833

>>17290510
>assuming will use Bitcoin and convert to dollars.
Far more likely we will use alts with instant confirmations, perhaps LBTC. And Wtf is this 'outdated exchange' bullshit.
Digital currency isn't going to shut down the government, it is going to force monetary system to evolve. It is a natural evolution.
Just like farming evolved with new technology
transport evolved with new technology
Finance evolved massively with new technology
You don't think money will evolve with new technology?
Not in our life time? Maybe not in yours, gramps. But this shit is already on it's way in.

>>	Anonymous Mon Feb 17 03:04:32 2020 No.17290842 >>17290828 Keep buying “blockchain tech” bro, we’ll see who the real zoomer is LOL

>>	Anonymous Mon Feb 17 03:09:02 2020 No.17290872 >>17290738 Didn’t read; never selling

>>

Anonymous Mon Feb 17 03:35:04 2020 No.17291044
File: 19 KB, 871x364, Terminal-Verify-existing-Email-with-telnet.png [View same] [iqdb] [saucenao] [google]

>>17290667
No, you fucking retard. It was command line based where you had to route the messages yourself. Keep in mind, this was before anyone understood the implications of the internet and would say, "why would I ever need that when I can mail a letter?". Now everyone, even grandmas send emails.

If you dont understand where this technology is going you should stop talking like you do and just stick to chasing shitcoin pnds and shoving shit in down your fat fucking mouth.

>>	Anonymous Mon Feb 17 03:38:27 2020 No.17291070 >>17290595 Im not paying 2 Dai for a fucking apple lmao

>>	Anonymous Mon Feb 17 03:39:46 2020 No.17291073 File: 10 KB, 251x242, 32f.jpg [View same] [iqdb] [saucenao] [google] >>17290621

>>	Anonymous Mon Feb 17 03:43:43 2020 No.17291096 >>17290640 Email was complicated to use back then because of technological limitations. Bitcoin is complicated to use for no good reason.

>>	Anonymous Mon Feb 17 03:52:07 2020 No.17291155 >>17291044 you cannot extrapolate this growth pattern...... that is like saying since "AMZN grew from a $438 million company to a $1 trillion company in 23 years, it will be go up another 2500x in the next 23 years"

>>	Anonymous Mon Feb 17 03:52:41 2020 No.17291166 >>17291096 You know why its complicated, why are you being a brainlet? Did you forget why it exists in the first place?