I REALLY WISH IT WOULDN’T TAKE PEOPLE SO LONG TO COME AROUND TO UNDERSTAND BITCOIN…
I MEAN I AM GLAD I AM ABLE TO NOW HELP PROVE MY NETWORK VALUE THROUGH THE PROOF OF MY WORK
HOPEFULLY I REMAIN VALUABLE FOR THE LONG TERM
Discussion
I don't care when they get it, it's on a need to know basis
YEA I GET IT BUT JUST IMAGINE GETTING TO LIVE IN A WORLD THAT IS LIVING FULLY OR HELL EVEN 50% ON A BITCOIN STANDARD…LIKE IMAGINE WHAT SO MANY PEOPLE WILL HAVE BUILT TOGETHER INSTEAD OF THE HOW RIGHT NOW THE INCENTIVE IS TO TRY AND EXTRACT FROM PEOPLE TO GET AHEAD????
I MEAN SO MANY PEOPLE TRYING INSTEAD TO PROVIDE VALUE TO EACH OTHER?
THE FUTURE WILL LOOK SO DIFFERENT FROM NOT TO MENTION THE PAST!
I agree but picture it like a tree growing. It has one speed. Cannot be rushed.
SEEMS MORE LIKELY TO GROW AS A NETWORK EFFECT RIGHT??? I MEAN I KNOW PROBABLY A HALF-DOZEN PEOPLE THAT I KNOW AND INTERACT WITH ON A DAILY THAT ARE NOW LEARNING AND WHEN THEY EACH INTERACT WITH THEIR 6 …. EXPONENTIAL EFFECTS SHOULD BE IN PLAY NO?
To an extent yes but the reality is most people don't have the characteristics of a Bitcoiner
YEA ITS CRAZY….I JUST THINK THAT AS THE PAIN OF FIAT-SYSTEMS CRASHING OR AS MORE AND PEOPLE GET PRICED OUT OF ANY SEMBLANCE OF EVEN JUST SUSTAINABILITY(LET ALONE SUCCESS) THEY WILL FEEL SOME ADDITIONAL PRESSURE TO MOVE TO BITCOIN…. ??? BUT WHAT DO I KNOW..MAYBE THEY WONT?
America is not going to switch to a "Bitcoin standard". It's just not plausible that we're going to get rid of the dollar in exchange for blockchain currency that, frankly, is inaccessible to a significant portion of the American population. I can see certain products and services choosing to accept Bitcoin over time, as another payment option, but replacing the nation's currency is very different proposition.
At the least, adoption would have be much closer to ubiquitous to even consider such an idea. Also, the value of Bitcoin isn't disconnected from the greater financial reality. Its value is inherently measured in relation to other currencies. That's just a bedrock reality. Even for the dollar. We just don't notice the changing value of the dollar because we live completely within the dollar's economic bubble.
When you go to different countries it becomes quickly apparent that all currency values are relative. Bitcoin is no different. Its value needs to be accurately discernable at any given time in order for it to be useful to other financial functions. Saying we won't need to consider relative value misunderstands the greater reality, and how wheels of economics spin.