/biz/ - Business & Finance

>>3889992
it became a tool for transmitting thousands of dollars

use doge when you want cheap fees

>>3889992
>wouldn't be able to buy a cheeseburger with a wire transfer either

Who gives a shit. I just want the price to increase so i can sell.

>>3889992
https://www.youtube.com/watch?v=x7A6eYCwBXw
Here is a video of somebody literally buying a cheeseburger with bitcoin you fucking subhuman waste of space.

you buy eternal virginity with it

>>3890019
Nope, LTC or ETH. doge has very poor liquidity

>>3890034
but you can, last time I went to McDonalds in 2010 I could pay for 1 cheeseburger with my Bankcard and no fees.

>>3890838
Even those are both shit for transactions.

>>3889992

>how do I buy cheeseburgers with literal gold

Amerifat detected

>>3890866
You put the gold in a reserve then make paper notes that are backed by them.

Bitcoin became a store of value. It certainly should not be called a currency, that's for sure.

I wonder if it's too far-fetched to think that one day 1 BTC will be worth hundreds of thousands of dollars.

>year 2021
>arrive at McDonalds
>That'd be .00000239 Satoshis sir
>Sure let me scan the code in my phone
>Thanks sir, now you'll just have to wait 30 mins till the transaction is processed and verified in the blockchain.
>30 mins pass, burger is cold af
>t-thank you Satoshi Nakamoto

>>3889992
muh lightning in two years maybe

>>3889992
enjoy those high fees and shit tx times goy

>>3890019
Nope, use Mooncoin if you wanna buy a burger. Dodge is for buying memes

>>3890894
1000 satoshi is almost 1 dollar anon, it's not too far fetched to assume 1 sat will equal 1¢ soon.

>>3891077
>LN won't be ready for years
>but we need a scaling solution now even if it's only temporary
>NOOOOOOOOOOOOOO
They don't want it because they know it LN is trash

>>3891143
that would mean the MINIMUM tx fee would be ~300 dollars

>>>reddit.com

>>3890851
>not eating mcdonalds on a regular basis like a good burger
>thinking that visa = wire transfer
your stupid

>>3891118
>>3890838
No, use bitbeans to buy canned beans

It's simple anon

>>3889992
>he tries to use currency without an intermediary settlement layer.

stay poor friendo

https://lightning.network/

I can't buy a burger here with Canadian dollars either. Guess that makes it a non-currency.

>>3890902
Verification is instant
They would only need proof it was sent

>>3891409
there's a difference between being exposed to btcusd and actually having a bitcoin wallet

>>3891450
Makes sense because Canada is pretty much a non-country.

realistic price per bitcoin boys? my friend tells me 1 million within 20 years

>>3891444

lol did you see the latest bcash shilling?

https://learnbitcoin.cash

doesn't even matter cuz price keeps dropping.

>>3891486
what are you talking about
>>3891474
if people were trading it at 1 million usd in any significant volume it would mean that the dollar basically died at some point.

>>3891560
Dollar is going to die once whatever is holding the economy up gives.
>Trillions in debt
>The 2007 economic crisis bullshit was basically only put off for longer
We're getting a huge crash eventually, I'd say buy bitcoin now if you've got the cash.

>>3891560

LN is love. LN is life.

>>3891589
no it dies if it's ridiculously inflated, unless the treasury breaks some very old rules regarding denominations and core money supply

>wahhh why has an emerging technology not immediately become ubiquitous

>>3891474
More like three years to a million dollar bitcoin:

https://www.solarbit.cc/million-dollar-bitcoin.html


I've seen it fluctuate from March-August 2020

>>3891164
Also if there are 2-8mb plus upgrades, the need for LN is delayed by years and years, maybe indefinitely.

>>3889992
>calls itself a """humming"""bird
>can't hum for shit

How will nature ever recover?

>>3891736
how can it be bigger than everything it's trying to replace, without being less efficient than those things?

>>3889992
That just creates scarcity that makes it a finite scalably divisible investment tool.

If only there was some solution to all of this...

>>3889992
Currencies are just commodities turned into a medium of exchange.

>>3891906
deluded arkies, your shitcoins solves nothing AND is inflationary (when you stake you get more ark, so there's always more ark meaning the price will always go down and people with more ark will get more from staking, creating a system equal or worse than the one we already have

>muh store of value
>muh segwit
mfw you realize the solution to the scaling war is ethereum