RE: [dtube] How Will Cryptocurrencies Solve Their Massive Usability Problems?

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[dtube] How Will Cryptocurrencies Solve Their Massive Usability Problems?

in dtube •  7 years ago 

Bitcoin would be better off as a store of value (its value will increase a lot)

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This seems to be an issue with crypto in general. Why would I even use Litecoin or BCH if I know it's value is going up vs fiat that will go down?

I guess this is part of the new monetary paradign shift and the collapse of all major fiat currencies worldwide... We might get to a point when we no longer use the dollar as the reference for value, but may be satoshis...

EXACTLY - as long as the fiat world is collapsing, all cryptos are primary a store of value (some better than others of course)

Yes. Of course, if I'm a seller I'd rather take payment in cryptos for the same reason I'd rather buy in fiat. But governments can still force sellers to accept fiat with their legal tender laws.

  ·  7 years ago (edited)

Agreed. I've only been in this for about a month, but already things make a bit more sense if you value them in satoshis. For example: mining. I'm getting paid in crypto, and when I factor that in the ROI changes considerably.