US capital building gets breached. Is this the end?

[budz2112]

Wow didnt think i could ever agree with thulian on anything, but yes people who think bitcoin is the future. LOL

[Knuckle]

Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]

Wow didnt think i could ever agree with thulian on anything, but yes people who think bitcoin is the future. LOL

It is funny, but also funny that we feel the same way about paper. Difference is counterfeit money is still alive and well, not sure if counterfeit BTC has been created yet, seems to be more secure.

[budz2112]

Originally Posted by Knuckle [You must be logged in to view images. Log in or Register.]

It is funny, but also funny that we feel the same way about paper. Difference is counterfeit money is still alive and well, not sure if counterfeit BTC has been created yet, seems to be more secure.

The paper is regulated and given weight by a government

[Jimjam]

Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]

The paper is regulated and given weight by a government

How does the government give weight to the dollar?

[budz2112]

Originally Posted by Jimjam [You must be logged in to view images. Log in or Register.]

How does the government give weight to the dollar?

Literally by being a government, and knowing that today, tomrow, a year, or 10 years from now it will still have its power and importance, at any moment bitcoin could drop to zero.. Now yes the dollar could too, but that would mean America had failed. Much harder for America to fail, than some random currency on the internet.

[Knuckle]

Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]

Literally by being a government, and knowing that today, tomrow, a year, or 10 years from now it will still have its power and importance, at any moment bitcoin could drop to zero.. Now yes the dollar could too, but that would mean America had failed. Much harder for America to fail, than some random currency on the internet.

They are actually terrified of BTC for the very reason that they initially had ZERO control over it. They have since gotten the major coin exchanges to include audit trails so you can be taxed on it the same as stocks. Trust me, the government will be deepthroating bitcoin as soon as they can dig t heir claws in a little deeper to use it for personal gain.

[budz2112]

Originally Posted by Knuckle [You must be logged in to view images. Log in or Register.]

They are actually terrified of BTC for the very reason that they initially had ZERO control over it. They have since gotten the major coin exchanges to include audit trails so you can be taxed on it the same as stocks. Trust me, the government will be deepthroating bitcoin as soon as they can dig t heir claws in a little deeper to use it for personal gain.

Than whats the point of using it over the dollar. By the way if America failed, the internet would fail and all your bitcoin would be instantly gone

[Jimjam]

Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]

Literally by being a government, and knowing that today, tomrow, a year, or 10 years from now it will still have its power and importance, at any moment bitcoin could drop to zero.. Now yes the dollar could too, but that would mean America had failed. Much harder for America to fail, than some random currency on the internet.

Sounds like economy and society giving dollar value. Government can act as custodian to these things, but it’s not really, and shouldn’t be, in control of either. It is there to serve.

[magnetaress]

Originally Posted by Jimjam [You must be logged in to view images. Log in or Register.]

How does the government give weight to the dollar?

By avoiding insurrection (and there for new money) /s

[imperiouskitten]

Originally Posted by budz2112 [You must be logged in to view images. Log in or Register.]

Wow didnt think i could ever agree with thulian on anything, but yes people who think bitcoin is the future. LOL

bitcoin is absurd but it's gonna hit 100k at least