You can buy anything that you can buy with Visa and MC. You can pay for a VPN without any identity verification. You can borrow against it at preferable rates and earn 20 times the interest you'd earn in your savings account. You can send it to anyone without permission of the government or banks. You can safely secure it offline, or in your own mind by remembering your passphrase. You can transport it across borders undetectably should you need to emigrate. It is very difficult to seize, can be backed up in more than one place (think firemen stealing your home stored gold, or banks being mandated to confiscate your safety deposit box stored gold. You can barter with it and when you receive it you'll know that the bitcoin you received is 100% authentic whereas with gold it's impossible to tell it's not filled with some part tungsten.
So I can eat a bitcoin?
I can use it to repair my roof?
Can I use it fertilize my garden?
Will it fire out of my rifle?
If you don't have access to the internet I can just make it appear?
So it magically transforms into a MAF for my car?
Also you keep going on about gold. I never mentioned anything about precious metals.
You don't buy anything with visa/mc? You don't buy online services? You don't make investments? You don't transfer value to people? You don't think you may need to move value across borders? You don't have any wealth to secure against massive monetary inflation?
You're internet example is ridiculous. You might as well be talking about the sun going supernova. If the internet is down we've all got bigger problems.
I'm all for stacking guns and ammo, food and water, (and have) but to suggest you "can't do shit with Bitcoin", while you're here using the internet to communicate and I assume holding some amount of USD, is a bit ridiculous.
It was my personal opinion that I can't do shit with bitcoin. Never said it was worthless to anyone else. Just the fact that I don't have a use for it.
You can buy anything that you can buy with Visa and MC. You can pay for a VPN without any identity verification. You can borrow against it at preferable rates and earn 20 times the interest you'd earn in your savings account. You can send it to anyone without permission of the government or banks. You can safely secure it offline, or in your own mind by remembering your passphrase. You can transport it across borders undetectably should you need to emigrate. It is very difficult to seize, can be backed up in more than one place (think firemen stealing your home stored gold, or banks being mandated to confiscate your safety deposit box stored gold. You can barter with it and when you receive it you'll know that the bitcoin you received is 100% authentic whereas with gold it's impossible to tell it's not filled with some part tungsten.
But, yeah, you can't do shit with Bitcoin.
So I can eat a bitcoin? I can use it to repair my roof? Can I use it fertilize my garden? Will it fire out of my rifle? If you don't have access to the internet I can just make it appear? So it magically transforms into a MAF for my car? Also you keep going on about gold. I never mentioned anything about precious metals.
My Point ----> here
You<-----down here.
You missed by a little.
You don't buy anything with visa/mc? You don't buy online services? You don't make investments? You don't transfer value to people? You don't think you may need to move value across borders? You don't have any wealth to secure against massive monetary inflation?
You're internet example is ridiculous. You might as well be talking about the sun going supernova. If the internet is down we've all got bigger problems.
I'm all for stacking guns and ammo, food and water, (and have) but to suggest you "can't do shit with Bitcoin", while you're here using the internet to communicate and I assume holding some amount of USD, is a bit ridiculous.
https://fred.stlouisfed.org/series/M1SL
But you do you, bro. HFSP
It was my personal opinion that I can't do shit with bitcoin. Never said it was worthless to anyone else. Just the fact that I don't have a use for it.
Also I'm not your "bro" and for being poor, GLSVS