People like to say that bitcoiners are speculators, gamblers etc. But what is not owning Bitcoin?

It’s betting that fiat money, a system devised by bankers and politicians for their own benefit, it the superior form of money, and that it will win on a free market of currencies.

I’m sure somebody will reply hurr durr, I don’t own fiat, I own stocks, property, things that yield returns, yadda yadda. Well guess what, then you already don’t trust fiat money.

  • SwingingKoala@discuss.tchncs.deOPEnglish
    11·
    1 year ago

    People still rather use dollars for convenience

    Nobody ever claimed bitcoin is the dominant payment network, you’re just stating a truism.

    Bitcoin cash seems also to support my idea that you would need larger block sizes.

    bcash: $245.45

    bitcoin: $30135.00

    That tells you how much bcash matters and how right their ideas are.