There’s not enough Bitcoin to act as a world financial mechanism.
China has a hold on Bitcoin. Do you want the world reserve currency controlled by China?
XRP is a crypto for bank to bank transfers. Who else do you think would have made it?
Have you considered David Schwartz was bought in to the NSA to create Bitcoin to kick the banking industry’s ass in to gear to create a system to bypass the federal reserve?
XRP will become backed by gold and the world’s banks will trade with each other over a sea of gold liquidity.
No worries, after the comma many digits can be postulated.
A bit like the value of Pi. 3,14 works in small cases. The bigger the case, the larger the number of digits after the comma in order to arrive at the precise solution.
In essence, due to it's digital nature, Bitcoin can be "cut" into smaller fractions and serve in that capacity as a medium of exchange.
Like the incredible large baffling tthehe mind and creating a challenge of control, so does the incredible small.
It would depend (depende, todo depende, de ségun como se mire todo depende - Jarabe de Palo) on the circumstances.
In the current environment it would be a choice: is your lust for coffee such, and your love for the coffeemaker such, you wish to spent $100.
On the other hand, id the situation is such that indeed a cup of coffee instead of 5 or 10 Federal Reserve Notes has become inflated to a 100 .... then yeah ... indeed, it may not be much. Especially if you had bought BTC @ 100 -FRN.
I would love to help you out in understanding bitcoin, but it would be easier for me and more entertaining for you to simply watch a few Andreas Antonopoulos videos until you understand the technology itself.
At that point you will realize that the understanding you have now was put into you by the bankster media and your points are simply repetitions of 2014 era media narratives, they are nonsensical to entertain because you have no understanding on how the technology works. And THAT is no big deal, no shame in that at all. No one was born understanding how a block chain works. It's something you have to invest about 5 hours of your life into, simply watching Andreas Antonopoulos videos.
Once you understand the technology, you will be able to review your beliefs from an informed perspective. You'll be glad you did. He's is a great speak and teacher, makes complex things REALLY really easy, so even aomone like me can get it... eventually. It is fascinating and opens up a whole realm of possibilities for developing trustless and permissionless systems.
I’ve been in the scene a while now. I’m well aware of Bitcoin.
I’m also aware of government regulations.
Are you aware of ISO 20022? Are you aware of what the government considers a stable coin?
Also China pretty much controls Bitcoin. Do you think America wants to run on something China dominates? Wouldn’t the government go with a company that’s on the stock market that could be insured, hired and sued if things went wrong?
You are repeating 2014 era bankster media narratives as if they were true.
Please spend some time watching Andreas. He'll help catch you up.
And NO, China does NOT 'control' BTC, in fact they are struggling trying to enforce their laws making BTC illegal, but you wouldn't now that because the media definitely doesn't want you to understand THAT?
Which also proves why gov regulations are irrelevant, just like when the US gov passed a law requiring people to turn in their gold bullion had zero effect on it's moneyness, or when India declared All 1000 rupee notes as NOT legal tender, yet people still use them and spend them.
People with money could care less what a gov regulates.
Bitcoin cannot be regulated. If it could it would have happened long before you ever heard about it.
And NO, China does NOT 'control' BTC, in fact they are struggling trying to enforce their laws making BTC illegal, but you wouldn't now that because the media definitely doesn't want you to understand THAT?
Who mines most of it? Who owns most of it? That's the control.
It's China, if they want to arrest everyone who has bitcoin and take their coins from them, they probably could. You want that to be the backbone of world's financial system?
Which also proves why gov regulations are irrelevant
I don't know, Bitcoin and Ethereum didn't take off until Bill Hinman said they're not securities.
People with money could care less what a gov regulates.
Until they have to pay others.
Bitcoin cannot be regulated. If it could it would have happened long before you ever heard about it.
There’s not enough Bitcoin to act as a world financial mechanism.
China has a hold on Bitcoin. Do you want the world reserve currency controlled by China?
XRP is a crypto for bank to bank transfers. Who else do you think would have made it?
Have you considered David Schwartz was bought in to the NSA to create Bitcoin to kick the banking industry’s ass in to gear to create a system to bypass the federal reserve?
XRP will become backed by gold and the world’s banks will trade with each other over a sea of gold liquidity.
XRP is a WEF controlled coin. how can you ever look past that? period
Because it’s the gold standard we all want.
Those with the guns control the money. The government has the guns so we’ll probably use the currency the government will accept.
Question is, do you think the WEF is evil or are the politicians they work with?
Big bank, small bank they want to make money.
No worries, after the comma many digits can be postulated.
A bit like the value of Pi. 3,14 works in small cases. The bigger the case, the larger the number of digits after the comma in order to arrive at the precise solution.
In essence, due to it's digital nature, Bitcoin can be "cut" into smaller fractions and serve in that capacity as a medium of exchange.
Like the incredible large baffling tthehe mind and creating a challenge of control, so does the incredible small.
There is a goldi-lock.
That’s assuming all your Bitcoin purchases will be expensive. What happens when I want to buy a coffee and 0.00000001 of a Bitcoin is worth $100?
Good question.
It would depend (depende, todo depende, de ségun como se mire todo depende - Jarabe de Palo) on the circumstances.
In the current environment it would be a choice: is your lust for coffee such, and your love for the coffeemaker such, you wish to spent $100.
On the other hand, id the situation is such that indeed a cup of coffee instead of 5 or 10 Federal Reserve Notes has become inflated to a 100 .... then yeah ... indeed, it may not be much. Especially if you had bought BTC @ 100 -FRN.
Yeah but again, who even has BTC to use to buy a coffee.
Bitcoin was supposed to be digital cash. It's been 10 years and the only thing it's been used for is a speculative investment.
There's not enough bitcoin in the world to act as a currency. It's too rare.
People don't want to spend their bitcoin, they want to hold it until it's worth a million bucks.
XRP isn't even an everyday currency. It's for banks to transfer between eachother.
XLM will probably be the digital dollar.
I would love to help you out in understanding bitcoin, but it would be easier for me and more entertaining for you to simply watch a few Andreas Antonopoulos videos until you understand the technology itself.
At that point you will realize that the understanding you have now was put into you by the bankster media and your points are simply repetitions of 2014 era media narratives, they are nonsensical to entertain because you have no understanding on how the technology works. And THAT is no big deal, no shame in that at all. No one was born understanding how a block chain works. It's something you have to invest about 5 hours of your life into, simply watching Andreas Antonopoulos videos.
Once you understand the technology, you will be able to review your beliefs from an informed perspective. You'll be glad you did. He's is a great speak and teacher, makes complex things REALLY really easy, so even aomone like me can get it... eventually. It is fascinating and opens up a whole realm of possibilities for developing trustless and permissionless systems.
I’ve been in the scene a while now. I’m well aware of Bitcoin.
I’m also aware of government regulations.
Are you aware of ISO 20022? Are you aware of what the government considers a stable coin?
Also China pretty much controls Bitcoin. Do you think America wants to run on something China dominates? Wouldn’t the government go with a company that’s on the stock market that could be insured, hired and sued if things went wrong?
You are repeating 2014 era bankster media narratives as if they were true.
Please spend some time watching Andreas. He'll help catch you up.
And NO, China does NOT 'control' BTC, in fact they are struggling trying to enforce their laws making BTC illegal, but you wouldn't now that because the media definitely doesn't want you to understand THAT?
Which also proves why gov regulations are irrelevant, just like when the US gov passed a law requiring people to turn in their gold bullion had zero effect on it's moneyness, or when India declared All 1000 rupee notes as NOT legal tender, yet people still use them and spend them.
People with money could care less what a gov regulates.
Bitcoin cannot be regulated. If it could it would have happened long before you ever heard about it.
Who mines most of it? Who owns most of it? That's the control.
It's China, if they want to arrest everyone who has bitcoin and take their coins from them, they probably could. You want that to be the backbone of world's financial system?
I don't know, Bitcoin and Ethereum didn't take off until Bill Hinman said they're not securities.
Until they have to pay others.
Which is why businesses don't want to touch it.
Dogecoin to rule them all