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To: E. Pluribus Unum

I thought bitcoin was meant for small purchases so businesses could avoid comparatively high bank debit charges and customers could avoid bank account number exposure risks.

To give a Bitcoin any great value is the height of folly.

Domestic governments have subsidized Tesla only to have Tesla bet big on follybucks.


10 posted on 02/08/2021 1:11:08 PM PST by Brian Griffin
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To: Brian Griffin

Well, does anyone really know what the future value of Bitcoin will be?

Is Bitcoin a store of value, an investment, a medium of exchange for purchases? A means of conducting financial transactions away from the prying eyes of the tax collector? Do people trust that bitcoin will hold value in the years ahead? Or could it collapse?


16 posted on 02/08/2021 1:18:23 PM PST by Dilbert San Diego
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To: Brian Griffin

The globalist oligarchs want to do away with physical currency.

They want all your wealth to be in 0s and 1s on their servers.

That way when you don’t do what they want you to they can just zero you out.

They won’t be able to do that with bitcoin.

We are going to be forced into a digital currency whether we like it or not.

I’ll take one that they can’t zero out.

You go ahead and trust them.


26 posted on 02/08/2021 1:34:20 PM PST by E. Pluribus Unum (You are in far greater danger from authoritarian government than you are from a seasonal virus.)
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To: Brian Griffin

https://theantimedia.com/cash-no-longer-king/


28 posted on 02/08/2021 1:37:00 PM PST by E. Pluribus Unum (You are in far greater danger from authoritarian government than you are from a seasonal virus.)
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To: Brian Griffin
I thought bitcoin was meant for small purchases so businesses could avoid comparatively high bank debit charges and customers could avoid bank account number exposure risks.

Nope, Bitcoin is about having the hardest money the mind of man can devise, and making it impossible to ban, inflate or confiscate. Divorcing money from government malfeasance, completely.

I would not be surprised to see BTC used for financing international trade.

76 posted on 02/08/2021 9:59:53 PM PST by JustaTech (A mind is a terrible thing)
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