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/biz/ - Business & Finance

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13607596 No.13607596 [Reply] [Original]

Non crypto belivers answer me this?
Where can you send 350million usd with one click to any other wallet no mater the geographical location. No questions No account fees. No taxes nothing. Only minescule fees.
Let me tell you the future and use of bitcoin.
Bitcoin's primary use will never be buy stuff as hotdogs. Bitcoin is not for poor peole not the wealthy. But the 1%.
Bitcoin is not meant for consumerism. It is meant for transactions and storage. Rich people will use this to buy their shit as houses and cars. I dont know how to explain this. But it will only be of any use to 1%. Because for poor people the dollar can do everything that that bitcoin does but better.
So why should I buy bitcoin then? Because what you are essentially doing is buying a "share" of the richs mans currency.
I would gladly like to hear your theory for future use of bitcoin bitcoin.

>> No.13607631

>>13607596
Bitcoin isn't even good at transferring large amounts of money. You lose a few % buying/selling and whatever potential volatility before you can convert it back to USD.

You really want to lose a few million on a 350million transfer because of exchange fees and volatility? Lol.

>> No.13607665
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13607665

Forgot to say.
For rich people the price of bitcoin really does not matter. For them the higher it becomes the better
easier for them to transport more value for them the usd price will not matter.

>> No.13607678

>>13607596
If youre a drug lord or rich enough you can just use a big bank like HSBC