RE: Bitcoin keeps changing the narrative...

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Bitcoin keeps changing the narrative...

in bitcoin •  2 years ago 

The one problem I see with Bitcoin is that it "is not stable"... I came up with a Stable Monetary System that People can still get in on the Ground Floor with... I have Thousands of Posts on the Topic...

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2 years ago by

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      ·  2 years ago 

    If things are priced in bitcoin, it's plenty stable right.

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      [-]
        ·  2 years ago 

      Not when the Value of Bitcoin keep fluctuation... We need Stability, and Bitcoin doesn't offer that...

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          ·  2 years ago 

        If a new car costs 1 bitcoin for example, and everything is priced in bitcoin, the value won't fluctuate... that is where we should be heading. Get rid of fiat currencies.

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          [-]
            ·  2 years ago 

          A Bitcoin one day will probably be worth more or less the next day... Even the Value of the Car will Fluctuate in Price, due to Supply and Demand... So when you have both Bitcoin and the Price of the Car Fluctuating, it's hard to tell from one day to the next, what your Cost or Profit might be... Yes, I do want to get rid of Digital Fiat USD's and replace them with "our" U.S. Electronic Coinage...

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            [-]
              ·  2 years ago 

            worth more or less priced in what?! 1 bitcoin will always be 1 bitcoin, that's kind of the point. Right now bitcoin is priced in dollars and euros and canadian dollars etc etc etc... priced in bitcoin though, one bitcoin will always be one bitcoin.

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              [-]
                ·  2 years ago 

              I hope you don't have too much of your Energy invested in Bitcoin... It's true that One Bitcoin will always be One Bitcoin, just like One Car will always be One Car... The Car and the Bitcoin are both Unstable... Presently, neither one meets the qualifications required, to be a Stable Monetary Tool... Come check out my Posts, and you will learn that our Common U.S. Coinage will "out-perform" Silver, Gold and all the Cryptocurrencies, including Bitcoin...

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                  ·  2 years ago 

                A car can't be sent anywhere around the world at the speed of light, permissionlessly. A car can be counterfeited and recreated without the network's consent. A car can't be carried around in your pocket on a thumb drive, possibly representing tens or even millions of cars. A car depreciates over time. A car and bitcoin are not the same.

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                  [-]
                    ·  2 years ago 

                  What's the same about a Car and Bitcoin is the Fact that they are both items that Fluctuate in Value... Both need to be Measured in"our" New and Improved Currencies, backed by our Corrected Silver and Gold "Stable" Coins... Don't forget about "our" 100% Silver and Gold Coin backed Electronic Coinage... It's still possible to get in on the Ground Floor...

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