4 ms·

The people who say that bitcoin is going to be useful when "shit hits the fan" have a very very specific definition of shit hitting the fan that is just so unre

• thebean11 5y ago
  Like hyperinflation and an economic crash? I'm not convinced either will happen, but they seem squarely within the realm of possibility.
  • betterunix2 5y ago
    ...why would I want to accept Bitcoin in that case? Pretty sure I am going to want either some other country's currency -- because I still need to buy imported food or fuel or whatever -- or things have gotten so bad that I no longer hand reliable enough Internet service to make use of Bitcoin.
    • thebean11 5y ago
      Because Bitcoin has not experienced the same inflation as USD? I'm not sure what point you're trying to argue honestly. > Pretty sure I am going to want either some other country's currency -- because I still need to buy imported food or fuel or whatever Explain why, just saying you want Euros or something isn't a very convincing argument. Importing cash Euros is non trivial, and good luck finding banks and credit cards that let you transact in them.