Very good point,IMO.
You can trade bitcoins for cash.
That’s someone that does not understand.
“I saw a piece the other day predicting the eventual collapse of “bitcoin”.It said,among other things,”try buying a car...or a house...with bitcoin”.”
It’s not the coin where the money is, it is with the blockchain development. Companies are investing in blockchain technology to secure payments without fraud.
In the next year or two, companies developing anti-fraud applications will be the hot stock. Look at a company like Ripple XRP.
“It said,among other things,”try buying a car...or a house...with bitcoin”.
You can buy a house with bitcoin - it’s been done.
You can buy citizenship in Vanuatu using bitcoin.
If you covert bitcoin, you can buy anything.
It's the perfect scam, limit the total to 21 million, then half all the coins available to mining every four years. Greedy speculators will do the rest. Just like MLM. Bitcoin is the perfect vehicle for speculation. It's a genius scheme.
I saw a piece the other day predicting the eventual collapse of “bitcoin”.It said,among other things,”try buying a car...or a house...with bitcoin”.
Last week I converted $4000.00 of BTC & LTC to USD and bought a TV this weekend paying cash. At my US$ cost basis the TV cost me ~$300.00.
Try doing the same with gold.
The Infiniti dealer in Tampa will accept Bitcoin.
And I believe it’s KW (Keller Wil.) that is selling a home in S. Tampa for Bitcoin.
In the fwiw dept.
5.56mm