The IRS is wrong.
The market doesn't function when people can't transact freely. Price signals get distorted. When the blockchain is frozen, we don't know the actual supply and demand of Bitcoin. Bitcoin Cash fixes Bitcoin by providing a…
Bank runs are bad when there isn't a full reserve. Coinbase should carry a full reserve. Fractional reserve banking is a prisoner's dilemma, we all marginally benefit from the status quo of credit/debit/interest, but in…
This drives consumerism.
Why buy an iPhone X now, when next year you could buy two? Because even in deflation, some trades are worth it.
You still own coins on both forks, but add a step to split them to another address you control on the second fork.
Sure, it will burst. The Internet Bubble burst. And here we all are.
There are fundamental flaws to paper money, and the global reserve currency: https://en.wikipedia.org/wiki/Triffin_dilemma This is why Bitcoin is winning.
So bet $20. Bitcoin can be upgraded to N-bits of resolution in the future - a single satoshi could provide all the liquidity needed in a universe-sized economy.
It's Machiavellian astroturfing by banks, nations, economists and sociologists. Fight back and get your skin in the game.
There is no such thing as a free lunch. FDIC insurance can and will fail in the largest bank run ever. Banking is a Prisoner's Dilemma, because the first ones to escape get their cash, the middle ones deal with…
This is correct.
The Bitcoin price will asymptotically approach its maximum - and the last people onboard will see the least amount of deflation. It's certainly better money, and will have a lower monetary inflation rate than any other…
Is the price increasing, or are their fiat currencies worth less? Hyperinflation is real, bank runs are real, and Bitcoin never fails an audit.
Yeah, nothing new about a permissionless digital-signature-secured decentralized currency being rapidly monetized in an age of global stagnation and quantitative easing / printing money.
Bitcoin is being monetized. It holds far more value than its intrinsic value, just as a $100 US paper bill is worth far more than it costs to create. A blockchain is not a database - you're just trolling.
The IRS is wrong.
The market doesn't function when people can't transact freely. Price signals get distorted. When the blockchain is frozen, we don't know the actual supply and demand of Bitcoin. Bitcoin Cash fixes Bitcoin by providing a…
Bank runs are bad when there isn't a full reserve. Coinbase should carry a full reserve. Fractional reserve banking is a prisoner's dilemma, we all marginally benefit from the status quo of credit/debit/interest, but in…
This drives consumerism.
Why buy an iPhone X now, when next year you could buy two? Because even in deflation, some trades are worth it.
You still own coins on both forks, but add a step to split them to another address you control on the second fork.
Sure, it will burst. The Internet Bubble burst. And here we all are.
There are fundamental flaws to paper money, and the global reserve currency: https://en.wikipedia.org/wiki/Triffin_dilemma This is why Bitcoin is winning.
So bet $20. Bitcoin can be upgraded to N-bits of resolution in the future - a single satoshi could provide all the liquidity needed in a universe-sized economy.
It's Machiavellian astroturfing by banks, nations, economists and sociologists. Fight back and get your skin in the game.
There is no such thing as a free lunch. FDIC insurance can and will fail in the largest bank run ever. Banking is a Prisoner's Dilemma, because the first ones to escape get their cash, the middle ones deal with…
This is correct.
The Bitcoin price will asymptotically approach its maximum - and the last people onboard will see the least amount of deflation. It's certainly better money, and will have a lower monetary inflation rate than any other…
Is the price increasing, or are their fiat currencies worth less? Hyperinflation is real, bank runs are real, and Bitcoin never fails an audit.
Yeah, nothing new about a permissionless digital-signature-secured decentralized currency being rapidly monetized in an age of global stagnation and quantitative easing / printing money.
Bitcoin is being monetized. It holds far more value than its intrinsic value, just as a $100 US paper bill is worth far more than it costs to create. A blockchain is not a database - you're just trolling.