I dont get bitcoin

[Anonymous No.25203028]

Why do people put money on a 20 year old boomer coin with outdated tech?
Its like investing in horses when there cars are being invented

[Anonymous No.25203063]

we use qwerty even though it's shit. muh tech is a cope used to shill you shitcoin.

[Anonymous No.25203075]

because bitcoin isn't meant to be used for technology or even money

it's a commodity, used to store value.

not all crypto has the same purpose or function

[Anonymous No.25203105]

>>25203028
because shitcoins are shit

[Anonymous No.25203113]

Risk, liquidity, and time

[Anonymous No.25203117]

because normies haven’t even adopted bitcoin fully yet you idiot

[Anonymous No.25203157]

>>25203028
>20 year old boomer coin
kys loser. you had a map, you refused to listen.

you'll wind up in the camps before its all over.

[Anonymous No.25203180]

This is more like buying stocks in horse companies (btc) vs car companies (alts) in 1880. All the car companies are scams right now, and might be useful but they are too far off and won't be adopted by regular consumers.

[Anonymous No.25203191]

>>25203075
Why does it have to be BTC? There are better coins out there that do store of value better than BTC

[Anonymous No.25203201]

>>25203191
clearly that's not true

[Anonymous No.25203242]

>>25203191
You can’t liquidated any potential alt store of value with billions of dollars

[Anonymous No.25203263]

>>25203028
It is the most secure network on the planet sustaining the first and most important deflationary asset on the planet.
But If you don't believe me or don't get it, I don't have time to try to convince you, sorry.

[Anonymous No.25203267]

>>25203201
Theyte called stablecoins. DAI USDC RSV

[Anonymous No.25203288]

>>25203267

those are tied to the USD. this is more like gold, which I'm sure you know

[Anonymous No.25203300]

>>25203267
All of those suffer from critical attack points excluding the network they work on (ETH), which is several order of magnitude less secure than bitcoin.

[Anonymous No.25203311]

>>25203191
>after years of calling it a scam, BTC is finally getting institutional support
but yeah totally, some other scam coin is going to be widely adopted first

[Anonymous No.25203313]

>>25203263
Based smug Satoshi poster

[Anonymous No.25203326]

>>25203267
>he thinks fiat is a store of value
this is the level of retardation we are dealing with.

This is why I told you: KYS. WE ARE GOING TO HAVE TO PUT YOU IN CAMPS BEFORE THIS IS ALL OVER. YOU ARE RETARDED AND YOU HARM THE WORLD BY EXISTING.

[Anonymous No.25203344]

>>25203267
The value of the USD is going down dumbass. Not a store of value

[Anonymous No.25203375]

>>25203288
Not all of them. RSV is tied to bonds, commodities, securities and other stable instruments.

BTC is a horrible store of value. It lost 70% of its value in March. Why would anyone put their money into that

[Anonymous No.25203379]

>you can’t buy coffee with btc

[Anonymous No.25203389]

>>25203288
Dai isn't tied to the USD but collateral crypto even though it acts like a dollar.

[Anonymous No.25203413]

>>25203375
>a fucking placeholder
its not "tied" to shit you lying fucking scamming fag. kys. they admit its a fucking placeholder

[Anonymous No.25203419]

>>25203375
RSV is backed by nothing lmao. They said they would back it with a basket of assets but where are they going to get that money from? Dumping shitcoins on you? Yes, but they’ll just keep the profit and not bother backing anything

[Anonymous No.25203425]

>>25203375
RSV is a shitty contract that combines few stablecoings, the concept in the whitepaper does not exist, RSR is used for nothing, and you should talk in conditional and not in present tense.

>>25203379
https://www.forbes.com/sites/michaeldelcastillo/2019/05/13/starbucks-nordstrom-and-whole-foods-now-accept-bitcoin-just-dont-ask-them/

[Anonymous No.25203437]

[Anonymous No.25203447]

Sorry to say but people who think BTC is "outdated tech" is completely fucked retarded when it's the literal opposite. The first most secure system in the world with no single point of failure (inb4 retards who say china control miners when they dont even understand the concept of a mining pool).

All your retarded centralized defi shitcoins are not "cutting edge tech" its simple redundant shit we already have in todays financial systems but with buzzwords attached.

[Anonymous No.25203469]

>>25203413
Are you retarded? Thats RSR not RSV

[Anonymous No.25203471]

>>25203028
Because it’s hard money
Shitcoins are the inflation of crypto
BTC has no competitor for being hard money?
ETH? 72% premine and memenomics
ShitcoinX? Sold to venture capitals, sold with ICO, mostly in the hand of the team, mint function enabled

[Anonymous No.25203472]

>>25203191
Because Bitcoin sounds cool. I don’t want to invest in homotrannynigger coin just because it does 5 million tps and roasties can buy coffee with it. No one is going to use that over a credit card anyway.

[Anonymous No.25203477]

>>25203375
1 btc = 1 btc
always has, always will.

[Anonymous No.25203486]

>>25203267
DAI and RSV are experiments running on ETH which is controlled by a corruptible foundation that has already altered the chain to protect insider money.
USDC is an IOU token from a company, it's a compatibility layer with crypto not actual crypto.

[Anonymous No.25203493]

>>25203469
>he thinks they aren't related

[Anonymous No.25203532]

>>25203447
the actual hilarity of this whole SEC regulatory fallout is going to be when the shitcoiners realize how important being able to run on a node on a "raspberry pi" actually is.
literal gov raping will settle the small block debate.

[Anonymous No.25203542]

>>25203028

Billionaires are buying it to preserve their wealth. They don't give a shit about having the fastest coin or having smart contracts, the security of the network is the #1 priority. A lack of features is actually preferable, it means less room for bugs.

[Anonymous No.25203556]

>>25203028
Please tell me what you think constitutes a car compared to Bitcoin's horse tech for the store of value use case?

[Anonymous No.25203566]

>>25203437
interesting perspective for sure. Although I'd argue that owning a nice place to live is more important than owning a bitcoin. If i were to sell it would be for a luxury condo, so I can do whatever I want and be comfy

[Anonymous No.25203583]

>>25203532
This. So many fucking niggers think they're smarter than Satoshi it's astonishing how deluded people can be.

[Anonymous No.25203586]

>>25203375
>BTC is a horrible store of value
It's the best store of values ever made. My transactions won't be altered.

[Anonymous No.25203684]

>>25203493
>>25203486
It doesnt matter what it runs on. The ethereum blockchain has proven to be secure and reliable and its 100 times better than what bitcoin has. If something bettet comes they will switch to that.

Bitcoin has a first mover advantage and because of that you BTC maxis falsely believe its a commodity.

Give me a break it will never be a commodity it will be remembered as the Netscape of crypto in 20 years.

[Anonymous No.25203725]

Also you BTC maxi fuckbois zoom out. BTC dominance is still in a downward trend

[Anonymous No.25203733]

>>25203684
>shit talks btc
>shills coin headed by autistic russian sperglord
ngmi

[Anonymous No.25203742]

>>25203684
>The ethereum blockchain has proven to be secure and reliable

[Anonymous No.25203751]

>>25203684
Ethereum isnt designed to be money and isn't in competition with bitcoin. if you don't understand the basics you shouldn't be dropping your worthless opinions.

[Anonymous No.25203760]

>>25203725
>BTC maxi fuckbois
yeah well fuck you too you sad little creep, why don't you go see if mcaffee has some new scam coin for you to lose all your money on.

[Anonymous No.25203765]

>>25203684
BTC and ETH networks are not even comparable in security, no group of people could even attempt to 51% the BTC network, with ETH this is actually probable (also it was heavily premined).

Don't forget ETH has figured heads and is still linked to society by its organization which has control over ETH ultimately (think about the first hard fork).

ETH isn't truly decentralized and freedom respecting, if they can fork their shitcoin from a hack they'll fork anything they want.

[Anonymous No.25203778]

>>25203028
he fell for the shitcoin meme

[Anonymous No.25203801]

>>25203263
This holy shit why don‘t people get it? Are they seriously THAT dumb? Imagine being in crypto and not understand this simple fact.
ALSO OP YOU NIGGER: btc is the most developed crypto on the planet.

[Anonymous No.25203823]

>>25203751
I was speaking in the context of RSV and other ERC20 stablecoins which were actually designed to be store of values, unlike BTC

[Anonymous No.25203876]

>>25203823
Everyone already spelled it out for you. Security is more important than having shiny extra features. Extra features are actually less safe.

[Anonymous No.25203890]

>>25203684
shitcoiner cope is so hilarious to read

[Anonymous No.25203905]

>>25203028
>Why do people put money on a 20 year old boomer coin with outdated tech?
Because the crypto market is a scam designed to fleece gullible marks. Technology or utility doesn't matter. The only thing that matters is having a chair to sit in when the music stops.

[Anonymous No.25203907]

>>25203823
As long as they run on ETH they're toys. In 30 years when they've figured out all the economic bugs of their experiments and released a final version on a more secure chain than BTC you can call them superior to BTC.

[Anonymous No.25203957]

>>25203191
What's meant by SOV is partially a network effect... You can't just say "theoretically some other crypto could also be the SOV"... Well you can say that but it doesn't mean anything, as it's a group consensus thing. Look up the meaning of "Schelling point".

Tbh you've probably just been confused by stale 2017 narratives that never panned out as so many anons here are.

[Anonymous No.25203978]

>>25203028
"they think its gold" and gold took its value at least !00,000 years ago. "rock is shiny rock is good" when it formed on the core of earth lol. imagine a planet make of ghold gol will go to 0.1 cents on one minute...BTC isnt...

[Anonymous No.25204783]

>>25203375
low quality bait