[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance


View post   

File: 8 KB, 292x337, 1533244930677.jpg [View same] [iqdb] [saucenao] [google]
10630202 No.10630202 [Reply] [Original]

What can you use bitcoin for more usefully than real money?
It seems like everyone here only wants to have bitcoin because they think it will go up in value and they never use it for any purchases or anything else.

Doesn't the fact that everyone only wants to buy and hold onto bitcoin because they think that the price will go up because they think banks and governments will start using bitcoin mean that most people don't use bitcoin for any real purpose which means that there's no real reason for banks or governments to ever use it as more than a minor novelty which means that the price of bitcoin isn't going to go up that much?
I've seen people talk dismissively saying things like "bit coin doesn't need to be able to purchase your starbucks or groceries. you don't use your savings account for your lunchmoney!" and talk about second layer solutions, but wouldn't it be the second layer that you can actually purchase most things with that would be truly valuable and useful as a currency?

>> No.10630261

>>10630202
1. I can sleep easy knowing my goverment wont cease my funds like theyve done before
2. I can withdraw it tax free without leaving a trace through ATM
3. I constantly send money to my poor relatives and dont have to pay 10% for transfer fees
4. I use btc daily in my ecommerce-business to ease paying from other countries
5. BTC has been far more profitable investment than ANY business in my country

Got tons of more if these dont answer your question

>> No.10631012

>>10630202
i pay my electricity bills and phone bills with it. pretty convenient. they give me like 1% rebate on it i think

>> No.10631037
File: 3.80 MB, 1453x9999, BTCfuture.png [View same] [iqdb] [saucenao] [google]
10631037

>What can you use bitcoin for more usefully than real money?

You got it backwards, bitcoin is the real money.

>> No.10631133

>>10630202
>Instant semi-anonymous transactions across the world
>governments/banks/companies can't freeze your funds or know how much you own
>low fees (for now)
>good long term store of value

>> No.10632490

>>10630202
OP is a brainlet who still doesn't understand what it actually really means to have a decentralised currency