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Old 08-25-2021, 11:54 AM
 
Location: South Jordan, Utah
8,182 posts, read 9,214,487 times
Reputation: 3632

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Quote:
Originally Posted by illtaketwoplease View Post
I have some Pogs to sell you. Beanie Babies too. And some Zimbabwe notes at half face value.
I see my explanation went over your head. When I can send a Beanie Baby to anyone in the world instantly, get back to me.

Last edited by hilgi; 08-25-2021 at 12:40 PM..
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Old 08-25-2021, 02:53 PM
 
Location: Flyover part of Virginia
4,218 posts, read 2,459,291 times
Reputation: 5066
Quote:
Originally Posted by hilgi View Post
I see my explanation went over your head. When I can send a Beanie Baby to anyone in the world instantly, get back to me.
A beanie babiy has more value than all the Bitcoin in the world.

And of course it's easier to transport Bitcoin than it is a commodity. When you're transporting a commodity, you're moving something. When you're transporting Bitcoin, you're moving nothing.

Last edited by Taggerung; 08-25-2021 at 03:44 PM..
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Old 08-26-2021, 03:02 PM
 
Location: South Jordan, Utah
8,182 posts, read 9,214,487 times
Reputation: 3632
Quote:
Originally Posted by Taggerung View Post
A beanie babiy has more value than all the Bitcoin in the world.

And of course it's easier to transport Bitcoin than it is a commodity. When you're transporting a commodity, you're moving something. When you're transporting Bitcoin, you're moving nothing.
You move value, you move contracts, you move deeds, etc.

Sometimes people who are the most confident in their opinions have zero knowledge of said subject.

Once you can come back with facts over anecdotes, I'll reply. Have a good day.
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Old 08-27-2021, 09:34 AM
 
Location: South Jordan, Utah
8,182 posts, read 9,214,487 times
Reputation: 3632
Six minutes long, easy to understand. If you don't think it has some value after this, I don't know what to tell you.


https://www.youtube.com/watch?v=YIVAluSL9SU
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Old 08-27-2021, 07:50 PM
 
10,864 posts, read 6,484,106 times
Reputation: 7959
Quote:
Originally Posted by hilgi View Post
Yet Bitcoin adoption is highest in other countries, especially countries with bad economies.
Cuba is the latest country to adopt bitcoin
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Old 08-27-2021, 07:55 PM
 
10,864 posts, read 6,484,106 times
Reputation: 7959
Quote:
Originally Posted by Stockyman View Post
I really don't understand when will Bitcoin be viable to spend? If the value keeps on going up why would anyone spend their Bitcoin? If the value is going to be at least 100K or even soar to crazy heights like 1M what's the use of this in society if the majority of people are going to HODL?
majority would not just hold,they could sell some to pay off their mortgage,buy some rental property,send their kids to college or buy a second home.
we live in a material world,we need material things.
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Old 08-27-2021, 07:58 PM
 
10,864 posts, read 6,484,106 times
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What good is a blockchain, when the asset can be locked away forever by somebody forgetting a password?
ditto with gold,some could be deep down in the ocean,in Antartica,Gobi desert or Condo jungle
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Old 08-28-2021, 12:34 PM
 
Location: South Jordan, Utah
8,182 posts, read 9,214,487 times
Reputation: 3632
Quote:
Originally Posted by mojo101 View Post
majority would not just hold,they could sell some to pay off their mortgage,buy some rental property,send their kids to college or buy a second home.
we live in a material world,we need material things.
You don't need to sell, just take a loan against it.
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Old 08-31-2021, 04:36 PM
 
10,864 posts, read 6,484,106 times
Reputation: 7959
Quote:
Originally Posted by hilgi View Post
You don't need to sell, just take a loan against it.
WHEN IT IS time to sell,I sell.
BTW,how does one living in New Orleans or where there is no electricity and gas sell their bitcoins?
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Old 08-31-2021, 06:05 PM
 
1,969 posts, read 676,301 times
Reputation: 1191
Quote:
Originally Posted by mojo101 View Post
WHEN IT IS time to sell,I sell.
BTW,how does one living in New Orleans or where there is no electricity and gas sell their bitcoins?
How does such a person use their Gold? Or their credit card? Or all their money in their bank account?
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