You can buy a home, a car or a TV among other things and most importantly you can convert bitcoin to dollars. Please do some research.
dude you know what I meant. Try to get mortgage by showing bank how many bitcoins you have when they ask for a statement.
Dude, I don't know what you mean. You said buy with bitcoin now you're comparing bitcoin to mortgage which is credit, seriously?. You can buy a TV from Newegg using bitcoin, and just about anything else you can buy with bitcoin (indirectly using gift cards) and google btm (bitcoin ATM's) you can easily withdraw $1000 using bitcoin. Google "real estate purchased with bitcoin" Two things you should educate yourself, 1. bitcoin is like gold, a SoV according to the Fed chairman (google it) and 2, bitcoin is a digital investment asset like an AAPL stock. Neither gold nor AAPL stock you can use to purchase anything, hmmm, but bitcoin can because it's also digital money. Google is your friend but if you want to stay ignorant, do not spread it to others.
once a cultist always a cultist. You know exactly what I meant. Bitcoin is a great concept but when I have to use USD to buy and BitFinex just creates Tethers out of thin air to do the same, any sane person stays away. It’s worth is BS. There is no real price discovery. Cryptos are manipulated on unprecedented scale.
You didn't answer any of my points and you're still using your tether ignorance and manipulation bs. There's no hope for you as you want to stay ignorant about bitcoin, I'll make sure you look like a fool by countering your mistakes with facts. You can call me a cultist, but I am risking and have risked my own money based on my own research. And no, I don't know what you meant, you keep saying that to validate something you've made up in your mind.
I am short on cryptos right now to be honest. I will be looking to get back long when i see a proper bear trap. I think volatility is coming, so i will be leaving the forums for the next week and work on my performance instead.
simple question - BitFinex creates Tethers out of thin air, they lied on many occasions about Tethers being backed by USD 1 to 1, then loans and now shit. Why would I use real dollars when these f..ckers can create virtual shit and buy the same things???
Your belief about Tethers (or any stablecoin, yes there are others) is not true. I will not try to convince you.
no belief, just reality, they create Tethers and then use them to keep Bitcoin price high. It is really this simple. All fake