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by eric_cc 1885 days ago
> USD is paper and bits we believe has value.

Speak for yourself.

> BTC is bits that most people believe doesn't have value.

This is changing rapidly, is it not?

1 comments

>> USD is paper and bits we believe has value.

> Speak for yourself.

Raaa-haaaight. Next time you don't believe USD has value you'll skip picking up that $100 bill on the street. When you get robbed you'll laugh and give the robber your worthless USD and say "good luck using this for anything!".

>> BTC is bits that most people believe doesn't have value.

> This is changing rapidly, is it not?

I wouldn't say so, no.

I'm not a crypto supporter, but I'd say that he is right there. If _you_ found private key to a wallet with 1 BTC somewhere, would you leave it be? Even if you can't buy a coffee with it, the exchangability for USD is real.
Ok, fair. But I prefer a value backed by the whole world and the biggest military in the world.
So kicking puppies hypothetically in case of crypto is replaced by actual military deployment to every nation thats a thread to the petro-dollar.

And then you are fine with it.

Good luck with the ignorance.

whoosh!