It is not needed and the only people who use it are those trying to make money off of it. Imagine you open a restaurant and the only customers are the owners, that’s basically crypto
Crypto is an unneeded technology
It is not needed and the only people who use it are those trying to make money off of it. Imagine you open a restaurant and the only customers are the owners, that’s basically crypto
Correct.
Digital assets on the other hand are quite good.
Rule #1:
Never use your own money for "investing".
Use other people's money.
no coiner cope
It absolutely serves a purpose retard, it takes the ability to print money out of the fat greasy bankers hand and puts it in the skinny angry tech nerds hands instead
awesome
>Imagine you open a restaurant and the only customers are the owners, that’s basically crypto
bitcoin is the only thing that made us exist in this universe. It's the human fingerprint. Gold and dollars are useless and any other civilization could've use it to manipulate us. You have no idea how big the situation is and why blackrock and billionaires are rushing to buy it. I'll give you a hint: Elon, Rockets and asteroids
>blackrock and billionaires are rushing to buy it
They are borrowing. Not buying.
See
whatever avenues they use to acquire Spot BTC it doesn't matter to me. There will be less bitcoins to buy and price will go up. simple as
Why buy? What's the benefit? You are better off with margin. I "invested" $100 to make more than 100 BTC
the benefit of owning the best asset in the world in your house not on a cex/dex server room
But i can own it without buying it.
No you can't it's just semantics. Your loan is overcollaterized
Ok but those who play that game will be liquidated eventually
Theres nothing to liquidate. Its crypto, its private, you know.
Even better - there is ZERO colleteral.
bitcoin is like opening a restaurant and im Gordon Ramsey
Everybody knows that homosexual. We here to get rich
It is needed. BTC has utility as a personal bank to keep funds safe and to appreciate value to combat inflation.
but retractors will read this... pause for a moment and go "yeah, but it doesn't have a purpose" and keep asking the same dipshit question when they're given the answer over and over again.
>crypto doesn't have a purpose
How about transparently signing digital transactions, you know, the purpose it wears openly on its sleeve?
As if a straw should cure cancer in addition to delivering soda to your mouth.
A personal bank can not hand out loans.
But i need them to buy a new yacht.
Everything else is just a nice to have.