>>12190434As I said good for you.
Your tacit defensive belies your lack of confidence in digital currencies currently.
Again, if you have made money, for it to be tangible in the current economic system, you again used fiat to display your profits.
Now, although in many instances bitcoin and digital currencies pass the weed and pussy test, - in that the digital currency can be exchanged for drugs and sexual services - the real tangible economy still has not adopted bitcoin en-mass enough for you to purchase enough valued goods and services.
If you did your research and you have invested and made fiat money; good for you.
If you feel the digital currency you hold is worth far more, then do explain.
The issues I haven't seen covered are these; leaving aside the logic of block-chain tech which is incredibly useful and novel, how do you propose using digital currency bought with fiat across the economies without political influence?
How would you deal with financial lobbyists and sovereign bank regulations?
>just as noone understands the value in an oz of gold anymore.It has a fiat value, a tangible value and has stood the test of time. It can nearly always be exchanged for goods and services.
>It takes time for technology to evolve into a usable form and just as it took dotcom companies decades to become worth trillions (amazon/microsoft) it will take decades for crypto to be adopted by the masses.No-one has even said this may not be the case.
The point was about /biz/ and their lack of diverse opinions on economic topics vs MU digital coins.
When was the last time /biz/ actually talked about macro and micro economic policy and the movement of capital in the real economy and politics of jobs, data, housing, corruption and corporate structures?
Off-shoe tax havens?
