Can someone fucking explain to me...

[Anonymous No.10990014]

How an internet meme token that is NOT FUNGIBLE and NOT SCALABLE could ever be viewed as money?

Btc is not even fucking remotely private, and never could be. At least choose monero or something

[Anonymous No.10990028]

It's a store of value

[Anonymous No.10990040]

>>10990014
It has value because you can trade it for LINK

[Anonymous No.10990053]

>>10990014

retard

[Anonymous No.10990069]

>>10990028
You think once government's start tracking all the holders through the entirely public chain, and black listing certain addresses, it's gonna be a better store of value than xmr or metals?

[Anonymous No.10990089]

>>10990014
they were right tho

[Anonymous No.10990094]

>>10990014
everything people are willing to pay money for is valuable. and because a bitcoin is becoming rarer over time it's value is going up. every few years a bunch of newfags figure this out and get all hyped up, buying everything they can get into their hands, so it becomes overpriced. then some oldfags dump some of their huge bags to take profits and most of the newfags panic sell again. but every time that happens, the price is alot higher than the last time, because a bitcoin has become rarer again, it's called "halving". the funny thing is, all the normies that know me call me "lucky" and act as if i've won the fucking lottery even though it's all so predictable

[Anonymous No.10990109]

>>10990069
> this
XMR future is so bright i'm gonna go all in when it hit the bottom around 70$

[Anonymous No.10990117]

>>10990014

It has two valuable properties: it is impossible to forge (otherwise it’d be worth 0) and it had an organic distribution (cost pennies for several years) all distributions become Pareto so the fact that a few whales horde it isn’t as important as the fact that it has no known organisation behind its creation. Compare to ETH which crashes when Vitalik sneezes.

[Anonymous No.10990119]

because you can buy stuff with it

[Anonymous No.10990128]

>>10990094
The government can literally trace all coins. They can blacklist anyone's coins at any moment and track who's using them. This is a fundamental property of how transparent btc is.

So far this has not occurred because government's haven't given a fuck. When it actually matters tho people will fomo into monero

[Anonymous No.10990136]

>>10990069
I can have tons of addresses and tumble them if you are criminal scum

[Anonymous No.10990148]

>>10990028
Like Facebook is a store of friendship.

[Anonymous No.10990155]

>>10990094
My teeth also get rarer over time.

[Anonymous No.10990303]

>>10990155
>everything people are willing to pay money for is valuable
>my teeth

[Anonymous No.10990328]

>>10990128
monero? my guy, there's so much better privacy solutions. monero is just another altcoin

[Anonymous No.10991140]

>>10990014
It was a rat trap. It worked.

[Anonymous No.10991991]

>>10990014
>How an internet meme token that is NOT FUNGIBLE and NOT SCALABLE could ever be viewed as money?

How is it not fungible?

[Anonymous No.10992152]

>>10990328
Solutions like?

[Anonymous No.10992187]

>>10990128
already happens for a long time:

https://www.google.at/amp/s/www.coindesk.com/nsa-reportedly-eyes-to-scrap-bitcoins-anonymity/amp/

[Anonymous No.10992295]

>>10990109
XMR bottom was 80...it's only going up from here.

[Anonymous No.10992311]

>>10992187
They trace them but haven't really acted on their capacity on a large scale. If everyone starts using btc regulations will happen with actual teeth

[Anonymous No.10992345]

Brainlet here...is it possible to trace monero?

[Anonymous No.10992356]

>>10990014

you're right. it is worthless. at least I can hold paper money in my hand. fucking crypto voodoo scam.