5 ms·
>>> our current system isn't here by accident And dinasaurs weren't on earth by accident. They were part of evolution and then replaced with other species more
by Trias11 5y ago
>>> our current system isn't here by accident
And dinasaurs weren't on earth by accident. They were part of evolution and then replaced with other species more appropriate for evolving earth and conditions.
- imtringued 5y agoBitcoin is just the gold standard but worse. With gold you can at least dig up more of it as your economy grows. Bitcoin doesn't care about the real economy.
- md2020 5y agoWhat? There’s a finite supply of gold just like there’s a finite supply of Bitcoin. You can mine more Bitcoin just like you can dig up more gold, up until there’s no more to be mined.
- cwkoss 5y agoThe idea that bitcoin should be the sole currency for a nation is silly and only promoted by shallow-thinking "to the moon" bulls. Bitcoin (if successful) will serve as an international safe haven from reckless monetary policy. It counterbalances fiat, it doesn't replace it.
- Trias11 5y agoBuy some gold coins and then try to move it across the borders. 1. You need to fill-in paperwork and be on a mercy of a local DHS official to be allowed. At any time regulation will and can change without you knowing about it. 2. Try to move it without paperwork and risk losing it all 3. Try to store it in the bank and risk of government/bank/courts to lock you out of your gold savings. 4. Try to store it on your own and risk losing it all to crime. 5. Entering another country - same risks with their customs as above. 6. Moving bitcoin across borders is a bit easier