Local Moron Still Believes in Bitcoin

in steemstreetjournal •  8 years ago 

Green Bay, WI - With the recent crash of bitcoin on the news, Steemstreet Journal caught up with local man Mike, who is still a firm believer in bitcoin as the currency of the future.

"Bitcoin is the best currency, bar none", says Mike. "It is much better than gold, it is digital gold. You can move it across the border more easily. Moreover, you can make great profits with bitcoin. This makes bitcoin the best currency. The profits are huge."

When asked about bitcoin's abysmal performance as an actual currency with utility in comparison to actual FIAT currencies, Mike remained quiet, however. Slow transactions and rising fees were brought up, but Mike went on about profits.

"Bitcoin is the single greatest investment of our time. I've made big profits on bitcoin", Mike goes on to hype. "And in the future, I will make even bigger profits on bitcoin, which is why bitcoin will be the best currency in the future, as well. It just makes sense."

When asked how Mike is planning to spend his big profits made on bitcoin, he had the following to say:

"By dumping them and cashing them out as FIAT."

He did not leave the interview without reminding us one more time that "Bitcoin is the best currency".

Steemstreet Journal will keep you updated on all bitcoin related news as the story develops.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Haha very funny stuff. But dont you think it will be solved in the future?
Check my blog for weekly silver calls.

I like silver too...nice collection...

It's me, I'm the local moron.

I am also one of the morons.

I own Bitcoins, but I also own fiat and other cryptocurrencies.

diverse.

Can't be as dumb as me. I lost the keys to a 200 BTC account. Pretty sweet. Now the only crypto I own is what I get from here.

Oh, wow. That was unfortunate!

200 BTC? WTF? :O

True story.

Bro hug* it gets better man.

OMG

At the time it was about 20k gone.

It's like if you had lost the key to your 400k house.

Everyone has it own scale for painful life experiences. However, I realized recently that instead of dwelling on past mistakes and instead of spending tremendous brain power trying to get the most out of a "lost cause", we can look out for new opportunities that will bring us more that what we lost. Be it monetary, or in form of wisdom or relationships. And we often forget that our greatest wealth is our health.

Now I know why I'm so disappointed in you, @pfunk! It's okay, though, I still love you. But feel free to give arguments, though.

we are several local morons! ahaha

This is amazing, lol.

"By dumping them and cashing them out as FIAT."

Way more true than I want it to be >:-/

Provident Metals takes BTC as payment. Much better than cash!

Just remember what people said in 2010 and January 2011 --- Bitcoin WILL NEVER be worth more than a $1 USD ever....

Where are those same people now?

..and fiat... how much did your $1.00 go in 2010 vs now? You buy the same things today in fiat, and you need twice as much. :(

FIAT profits are abysmal, which is why they're the worst currency. BTC profits are huge, which makes it the best currency.

So many haters to debate and so little time! if your a Bitcoin haters just move on to something else to hate on. We no haters gonna hate, but damn give it a rest.

Well most people believe in Bitcoin and will keep doing that. Not only because of it's value, but because it paved the way for other altcoin to be developed and platforms like Steemit to exist.
But one point is valid in the post that is ultimately all these coins are valued in fiat currency only and will be converted to it when need comes.

sniffsniff...you hurt my feelings...sniffbrrrrrffffsniff

Bitcoin still has $36B on its market cap so it won't go away that soon. Miners and owners will make sure it will not happen.
However if they will not be able to keep up with its development, competition will eat them alive as new altcoins with great features are being introduced every now and then.

Bitcoin is indeed the greatest investment of our time

Btc is just another FIAT currency though have some positive things compare to USD, Euro etc.
First of all its not in the hands of The FED/BiS etc. , so when the petro-dollar system crash.. Alt-coins is left untouched.
Thats the idea anyway. (Lol)
But to be frank.. Even Bitcoin and other digital currency except the global banking industries own digicoin at that time will also crash to zero/being Killed.
Easy as that.
Thats why we have gold and silver LOL

Cheers ... :)

great i am with you

The local moron has great style... yo baby!

I love steemstreet journal, such an awesome idea and great execution.

  ·  8 years ago (edited)

Didn't you forget the “funny” tag? 😉

Onioned like a mothefucka

😂😂. This left me in stitches

I'm that moron :D

  • Competition is good and healthy and helps everyone progress faster.

  • Without Bitcoin most of these shitclones some of you cling to would not even exist, nor would they have a reason to become "better".

  • Why try to thwart competition by killing it off? Seems rather counterproductive.

  • /shrug If Bitcoin is gone/ded, what will the shitcoiners complain about?

  • What government do you work for?

:b


Tuck Fheman - Co-Founder of BitShares

you wil have to put on a global lens to look at this. if you live in a country with 1800% inflation, you will find bitcoin is much better than fiat in any way. and when the world becomes unstable, the adoption of bitcoin will expand significantly.

great...rs and upvote for u....

@schattenjaeger Trolling level 999! Well done lol ;)

LOL @ Local Man Mike, perhaps hes the real Satoshi Nakamoto.!
Go Mike!? Remember the ladies love you! REP THAT BITCOIN! Nice shirt!?

Magic Internet Money...Yay! Just bought a little more today.

Congratulations @schattenjaeger! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments received

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

If you want to support the SteemitBoard project, your upvote for this notification is welcome!

is that mean that you don't believe in bitcoin ? it's 2500$ is there more expensive currency ?

I don't tink he's from Green Bay.

I'm tinking Menasha or maybe Little Chute; dose guys are all teknickle like dat.