LootGoblin42

joined 1 year ago
[–] [email protected] 0 points 10 months ago* (last edited 10 months ago) (1 children)

It's a great place to store and hold wealth.

The concept you are describing is Gresham's Law. https://bitcoinmagazine.com/culture/how-does-greshams-law-relate-to-bitcoin

Bitcoin is digital gold. Other cryptocurrencies will become used as well for basic payments. Eventually you will be able to pay cross chain so it wont even matter which coins you hold.

Edit: Using ChainLink: https://twitter.com/0xShmn/status/1696169139168059896

[–] [email protected] 0 points 10 months ago (3 children)

It's backed by math. There is a fixed amount of Bitcoin. We have never had the concept of "digital scarcity" before. There are thousands of computers running independently that are following a consensus algorithm. it's an open, permisionless, trustless system that anyone on the planet can be part of.

You would rather have money controlled by corrupt governments? Hilarious.

[–] [email protected] 0 points 10 months ago (5 children)

That's not true. Fiat money is money created and managed by a government. We need separation of State and Money.

from The American Heritage® Dictionary of the English Language, 5th Edition.

noun Legal tender, especially paper currency, authorized by a government but not based on or convertible into gold or silver.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

noun economics Money that is given legal value or made legal tender for money debts by government fiat.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

noun money that the government declares to be legal tender although it cannot be converted into standard speci
[–] [email protected] 0 points 10 months ago (7 children)

"Crytpto" is not a scam. Bitcoin and Ethereum are the future of money.

There are a lot of shitcoins out there, but don't let them fool you into staying poor. Fiat money is dying.

[–] [email protected] 0 points 10 months ago (9 children)

There is nothing wrong with Brave. It's a great browser. I like the cryptocurrency aspect of it.

[–] [email protected] 1 points 11 months ago

Google is evil. Apple is the good guy in this situation.