How an internet meme token that is NOT FUNGIBLE and NOT SCALABLE could ever be viewed as money?
Btc is not even fucking remotely private, and never could be. At least choose monero or something
Can someone fucking explain to me
Dylan Diaz
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Eli Lee
It's a store of value
Noah Turner
It has value because you can trade it for LINK
Jeremiah Bailey
retard
Carson Walker
You think once government's start tracking all the holders through the entirely public chain, and black listing certain addresses, it's gonna be a better store of value than xmr or metals?
Jackson Campbell
they were right tho
Logan Martinez
everything people are willing to pay money for is valuable. and because a bitcoin is becoming rarer over time it's value is going up. every few years a bunch of newfags figure this out and get all hyped up, buying everything they can get into their hands, so it becomes overpriced. then some oldfags dump some of their huge bags to take profits and most of the newfags panic sell again. but every time that happens, the price is alot higher than the last time, because a bitcoin has become rarer again, it's called "halving". the funny thing is, all the normies that know me call me "lucky" and act as if i've won the fucking lottery even though it's all so predictable
Jacob Long
> this
XMR future is so bright i'm gonna go all in when it hit the bottom around 70$
Ayden King
It has two valuable properties: it is impossible to forge (otherwise it’d be worth 0) and it had an organic distribution (cost pennies for several years) all distributions become Pareto so the fact that a few whales horde it isn’t as important as the fact that it has no known organisation behind its creation. Compare to ETH which crashes when Vitalik sneezes.
Jayden Parker
because you can buy stuff with it
Gabriel Sullivan
The government can literally trace all coins. They can blacklist anyone's coins at any moment and track who's using them. This is a fundamental property of how transparent btc is.
So far this has not occurred because government's haven't given a fuck. When it actually matters tho people will fomo into monero
Brayden Robinson
I can have tons of addresses and tumble them if you are criminal scum
Nathan Lopez
Like Facebook is a store of friendship.
Kayden Smith
My teeth also get rarer over time.
Tyler Roberts
>everything people are willing to pay money for is valuable
>my teeth
Cooper Parker
monero? my guy, there's so much better privacy solutions. monero is just another altcoin
Wyatt Brown
It was a rat trap. It worked.
Sebastian Smith
>How an internet meme token that is NOT FUNGIBLE and NOT SCALABLE could ever be viewed as money?
How is it not fungible?
Sebastian Turner
Solutions like?
Oliver Torres
already happens for a long time:
google.at
Xavier Hill
XMR bottom was 80...it's only going up from here.
Christian Flores
They trace them but haven't really acted on their capacity on a large scale. If everyone starts using btc regulations will happen with actual teeth
David Cook
Brainlet here...is it possible to trace monero?
Luis Johnson
you're right. it is worthless. at least I can hold paper money in my hand. fucking crypto voodoo scam.