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Original thread:
Post 39 made on Wednesday May 26, 2021 at 11:57
oprahthehutt.
Active Member
Joined:
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December 2011
625
On May 20, 2021 at 01:04, Brad Humphrey said...
LMAO!
OK man, you're right. I just can't see what you do with those rose colored glasses. My bad. I'll be sure to buy a pair of those at the store that accepts bitcoin... oh wait...

You still didn't produce an argument against.

As for using Bitcoin as currency I have no desire as the tax code is prohibitive.

I believe International trade will drift away from USD and towards BTC. Why would a country want to sell their natural resources for USD that is simply printed out of thin air? On top of that the US is ~30 Trillion in debt. Every dollar in existence is simply a debt note backed by the "Full Faith and Credit" of the United States.

In other words worthless, which is why people trade it for real estate and other hard assets as fast as they can which in turn has created massive asset bubbles.

If USD had value they wouldn't loan it out for next to nothing.

Good luck to you. The crashes will come faster and deeper as we go forward.


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