Future-Spirit7874

Future-Spirit7874 t1_j2473ln wrote

I was replying to someone asking about gold.

If you don't see the value in bitcoin that is fine, it's not for you. When your currencey suffers from debasement you are welcome to change your opinion.

Bitcoin is still growing in adoption. The internet was around for ages, before it saw global widespread use. Yes there are places you can spend BTC online and in person for goods and services.

1

Future-Spirit7874 t1_j22jdsd wrote

Yes I have.

The history of money. How every currencey gets debased over time. How the gold/silver coins of Rome got debased due to non-gold/silver metals being blended .

https://www.businessinsider.com/how-currency-debasement-contributed-to-fall-of-rome-2016-2

How comimg off the Gold Standard was one of the factors in the Great Depression. https://www.history.com/news/how-did-the-gold-standard-contribute-to-the-great-depression

Try reading the Bitcoin Standard.

Try watching the Zeitgeist Movies.

−5

Future-Spirit7874 t1_j221uk4 wrote

You should study Bitcoin, because you are misinformed. The 21 million bitcoins will not been completley mined until 2140.

Are you also against the stock market?

Are you also against the dollar? Have you even looked at the money supply in 1920 vs 2020? Everytime a dollar gets printed it decreases the purchasing power of all the other dollars previously in existance. This is why gas was 10 cents a gallon in 1950 and $2.99 a gallon today. It is literally why everything costs more.

−10