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To: Enlightened1; All

Bitcoin offers something almost all other currencies lack:

Anonymity, portability, and safety from easy confiscation.

Gold is easily confiscated.

Cash is more easily confiscated that Bitcoin, and harder to transport, much less portable.

Bitcoin or something like it, is the wave of the future, because national currencies have been so terribly managed by governments, who inflate them in order to loot them.

This is likely a bubble, but bitcoin is not going away. It has crashed before and come back.


34 posted on 12/18/2017 7:48:30 AM PST by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: marktwain

Good reply!

I think we will hit 100k before that correction comes.


36 posted on 12/18/2017 7:49:45 AM PST by Enlightened1
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To: marktwain
And bitcoin has a fatal flaw all those others lack, the ability to physically possess them. If there is no electricity there is no bitcoin.Bitcoin is the most genius spectulative scam ever executed. Lots of greedy people keeping it going.
42 posted on 12/18/2017 8:08:27 AM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: marktwain
"Bitcoin offers something almost all other currencies lack: Anonymity, portability, and safety from easy confiscation."

Can you carry it in a wheelbarrow to buy bread?

52 posted on 12/18/2017 8:41:55 AM PST by outofsalt ( If history teaches us anything it's that history rarely teaches us anything)
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