Allow me to understand the advantage of Bitcoin.
Earlier today, I moved $25,000.00 from my bank's savings account, into a new bank to open a high yielding CD. Transaction was confirmed in 10 minutes. The CD will start accruing interest in ~2 days.
1) Neither bank charged me any fees. If I did the same thing with BTC (move Bitcoin), will I be charged a fee?
2) I didn't have to worry about "protecting" my money in an online or hardware wallet. I have had money in this savings account for 12+ years. I don't worry about moving from exchanges, fees, keeping hardware wallet keys written down and safe, etc. Again, it seems that Bitcoin and cryptocurrency is again at a disadvantage.
Please educate me and tell me how Bitcoin is safer, easier, less stressful, and cheaper to own? I am all ears.
No, you sound like you already made your decision. There is no need to convince you to buy and hold Bitcoin. Your money is very safe stored in a bank under the protection of the regulators, and I hope you make a lot from your high yielding CD.
Bitcoin is not "safer", not "easier" and it is very stressful to own because of its high volatility. See you.
What regulators? You sound like you read a bunch of conspiracy theories online, and believed them.
Hahaha. What? Do you know what "regulator" means? You should look it up. If you think the SEC is just a "conspiracy theory" then there is no point talking to you.
Get a valuable skill, provide a useful good or service, and you will be compensated appropriately. Life is mostly fair. All these conspiracy theories are highly exaggerated and mostly don't matter in the real world. So they are printing all this money, I agree. Look at Bitcoin, what is the value based on?
Law of supply and demand. If the market says that Bitcoin's price is $16,000 then it is $16,000. Who am I to say no?
What I want to know is, if USD$/fiat are so bad, how come the massive increase in price of BTC in 2017 is based solely on the injection of this evil, capitalistic money into it. Riddle me that, Batman!
It is not bad. It is really good! But you should stay away from Bitcoin, it is bad. There are many bad men using it.
If you would like to provide some facts or a coherent argument, that is what this forum is for. If you just want to be passive-aggressive, you aren't adding any value to the conversation.
Okay and you need to look up the word "regulator".
