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10-03-2017, 04:07 PM #1
- Join Date
- Oct 2016
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The full faith and credit of the US govt, which is sort of a big deal. Like MCA said, an owner of bitcoin is disencentized to use it -- which defeats the whole purpose of using it as a currency. If you want to treat it as a volatile investment, fine. But whats the point of using something so volatile as a currency?
Last edited by WestCoastFunding; 10-03-2017 at 04:12 PM.
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10-04-2017, 08:35 AM #2Karen37aGuest
Us dollar and treasuries/bond are the safest investments in the world as West said ...backed by the full faith and credit of the USA ( if the usa went under the world would go under ) Bitcoin is a bubble with the concept of "buy on rumor sell on news" . the best benefit is that people can use it to have untraceable events happen.
People have bit coin vaults; they are crazy, they could wake up and poof gone and you can deal with shady cloud miners
The whole concept is wacky and hard to wrap your mind around.Last edited by Karen37a; 10-04-2017 at 08:40 AM.
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