They have to pay you in FRN, which is neither you nor theirs. And besides, when you deposit money in the bank, you become a creditor to the bank, unsecured, last in line. Of course, there is FDIC insurance. Yeah!
Maybe ask them to be paid in gold dollars .... ;-) and induce cardiac arrest?
It's amazing that people don't realize the basics of Bitcoin and think it's literally one wallet with all the coins that can be shut down by a corporation. I can walk to an atm and get that worthless cash you crave easier than you can withdraw anything from a bank. I don't need permission from anyone, 24/7 access
Lol that's like saying if my debit card is declined I couldn't use my credit card. So the store would refuse a customer if their debit card was declined?
I thought I was the only one seeing it this way... These speculative currencies based on what our computer systems are these days is fucking stupid.
Imagine being in a world where you MUST have a computer device that MUST interface with whatever network system in order to do a simple transaction... You can't even leave and go anywhere without this stupid computer shit with you...
I'd rather use wooden sticks or whatever special rock is deemed worthy by a human authority then deal with these tyrannical computer systems. And yes, I'd rather have to plan my day to day with whatever sticks I need to carry with me instead of having this computer shit where I can just spend whatever I want whenever I want.
The stock market is and always was a fucking joke too. I'm saving what money I can get my hands on and paying off the house. I don't have any other debt and will stay out of it and I'm sure as hell am not going to be meddling in these imaginary bullshit systems.
None of any of this might matter soon enough with how crazy everything is getting out there but at least you're probably in a pretty good position having no debt or deciding to physically collect precious metals/gems/strategically important resources and hide it all in a secret place over all this digital/imaginary bullshit that's getting heralded all over
Soooo... Kinesis.
FDIC can drag out your withdrawals over 99 years and limit you to whatever money they want on withdrawals
No.
They have to pay you in FRN, which is neither you nor theirs. And besides, when you deposit money in the bank, you become a creditor to the bank, unsecured, last in line. Of course, there is FDIC insurance. Yeah!
Maybe ask them to be paid in gold dollars .... ;-) and induce cardiac arrest?
I like holding my money in my hand, fiat or not.
The first remark is astute.
It is indeed a nice alternative, as long as you can exchange crypto for real assets.
See also Perth Mint coin.
It's amazing that people don't realize the basics of Bitcoin and think it's literally one wallet with all the coins that can be shut down by a corporation. I can walk to an atm and get that worthless cash you crave easier than you can withdraw anything from a bank. I don't need permission from anyone, 24/7 access
Lol that's like saying if my debit card is declined I couldn't use my credit card. So the store would refuse a customer if their debit card was declined?
I thought I was the only one seeing it this way... These speculative currencies based on what our computer systems are these days is fucking stupid.
Imagine being in a world where you MUST have a computer device that MUST interface with whatever network system in order to do a simple transaction... You can't even leave and go anywhere without this stupid computer shit with you...
I'd rather use wooden sticks or whatever special rock is deemed worthy by a human authority then deal with these tyrannical computer systems. And yes, I'd rather have to plan my day to day with whatever sticks I need to carry with me instead of having this computer shit where I can just spend whatever I want whenever I want.
The stock market is and always was a fucking joke too. I'm saving what money I can get my hands on and paying off the house. I don't have any other debt and will stay out of it and I'm sure as hell am not going to be meddling in these imaginary bullshit systems.
None of any of this might matter soon enough with how crazy everything is getting out there but at least you're probably in a pretty good position having no debt or deciding to physically collect precious metals/gems/strategically important resources and hide it all in a secret place over all this digital/imaginary bullshit that's getting heralded all over