Could bitcoin become the next Swiss bank account?

Discussion in 'Cryptocurrencies' started by johnarb, Mar 8, 2018.

  1. NeoTrader

    NeoTrader

    We'll see about that...:D
    Time will tell...:)
    Opinions simply don't matter...;)
     
    #11     Mar 8, 2018
  2. Sig

    Sig

    Not even sure WTF your point is, are you a bot?
     
    #12     Mar 8, 2018
    eliteubertrader likes this.
  3. schweiz

    schweiz

    He is speachless and probably in shock. When reality hits the brain...
     
    #13     Mar 8, 2018
  4. NeoTrader

    NeoTrader

    Who gives a shit? (Maybe that asnwers your bot question)

    :D
     
    #14     Mar 8, 2018
  5. NeoTrader

    NeoTrader

    Right back at ya...:finger:

    ;)
     
    #15     Mar 8, 2018
  6. Sig

    Sig

    Actually I'm going to give him the benefit of the doubt and say it's actually a cleverly designed social experiment. You post something at a sophomoric level of intellect, and when someone points out the holes in the logic you randomly pick from a list of meaningless aphorisms as a reply to see what the response is. Could be interesting.
     
    #16     Mar 8, 2018
  7. schweiz

    schweiz

    I think that for those who bought above 15K it is another kind of experiment. :D
     
    #17     Mar 8, 2018
  8. DaveP648

    DaveP648

    #18     Mar 8, 2018
  9. Sig

    Sig

    So again regardless of where you stick a thing, if you can never convert it back to something that you can use to purchase something of value it has no value. So you can use cybercoin to buy 100 shares of AAPL. Now an anonymous string of numbers owns 100 shares of AAPL. It appreciates by 100% and you want to sell it to buy a real apple to eat. Well the anonymous string of numbers owns AAPL, sells it for cybercoin, and then you do what with your cybercoin? You've hit exactly the chokepoint I mentioned, the exact same chokepoint as it happens that the real Swiss bank accounts it. Or you decide that the anonymous string of numbers is going to give the AAPL shares to you, then you can sell it for cash. Again, simple choke point of anyone who was gifted shares of stock from the ChainBLX street name, easy to shut down. In order to repatriate your funds to use for anything, you have to go through this chokepoint which is easy for any government to police. And with about .0004% of the world's population owning cryptocoin, we're a long way away from an entire supply chain that works on cryptocoin, for anything.
     
    #19     Mar 8, 2018
  10. Sig

    Sig

    and right back at you:rolleyes:

    A bird in the hand is worth two in the bush;)

    A penny saved is a penny earned:sneaky:

    Better to remain silent and be thought a fool than to speak and to remove all doubt.:D
     
    #20     Mar 8, 2018