Bitcoin exists for a reason. #Bitcoin #exists #reasonnotlarangi123
Bitcoin exists for a reason.
Bitcoin exists for a reason.
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What would you say to someone who says “bitcoin isnt stable, sometimes its work 60k, sometimes its worth 20k”
I use it to buy drugs on the dark web
The guy saving money is argentinian ahahah
I used Bitcoins to by my son’s first laptop for his 9th birthday !
Can someone add a Canadian Trucker to the picture with a red maple leaf on his shirt -> I used Bitcoin to pay expenses when the government froze my bank accounts.
Im actually number 4. trying to be the number 5. this country’s currency is shit indeed.
But also they make it less stable and cause people to be unable to use it as money, by requiring capital gains tax tracking and reporting and also by the various banking regs which have made small or OTC exchanges basically illegal and everybody has to on/off-ramp at huge casinos.
1. Bought Nordvpn
2. Banks fucked me over numerous times, so I bought OTC
4. I’d be down 70% if I didn’t use Bitcoin. Now I’m up 600%
5. PHEW! What a year it was.
Don’t forget “I paid for a service or subscription without providing a credit card number that could be charged in the future or exposed in a security breach”
BTC in your face!!!
I use bitcoin to make new bro friends.
If you’re using bitcoin because you think it’s going to be a more stable currency you’re going to have a bad time.
Not hating but is there anything that is actually priced in Bitcoin? Cause everytime I hear of these stories they just converted fiat to Bitcoin
All of the ones that believe in BTC and Blockchain, need to completely abandon fiat like the USD and fully embrace BTC as a direct payment option. It needs to excel at being a store of value AND a medium of exchange since it is competing with physical gold and the upcoming BRICS digital currency and CBDC and fiat and Visa and Banks. BTC has MANY enemies that want to destroy it or control it.
Then Thanks to the Speculators that makes our lives easier in transmitting Money from anywhere to anywhere at anytime in just a matter of clicking a button, making our lives with so much economic improvement.
Anyone have some kind of chart that tracks global BTC and crypto acceptance by country? Another possible idea would be to use a page from BlackRock’s ESG book but instead give recognition to all businesses and corporations that allow clients and employees to get paid in and use BTC to buy and sell their products. We really need a BTC decentral bank but I am sure everyone will tell me that it the job of node operators and miners. I mean a public face for BTC actually, something for the laymen to get behind. We cannot become this exclusive “I told you so” club. We need to spread the word of BTC like Christians spread the word of God.
Another massively unrecognized utility of Bitcoin is it’s help to the unbanked. One of the earliest phenomenons surrounding bitcoin in the early years was how it helped homeless people hold on to money. If you are homeless and don’t have a birth certificate, passport, or id, it becomes extremely difficult to get a bank account, and holding on to any sort of savings is infeasible.
4 and 5 = Me, unfortunately.
I used it to buy an engagement ring for my fiance
And the list goes on and on
That’s only a handful of the reasons as well. Bitcoin has become the currency of the internet and to still dismiss it in 2023 is foolish.
Bitcoin is the Future money!
I used Bitcoin to pay my speeding ticket in the state of new york
I paid my state taxes in New York state with Bitcoin
No matter how much Chads with different color hair you put up
The fun part about this is that this is a real thing lol
I use it to preserve my purchasing power
A friend of mine used bitcoin to buy speed on the darknet and got busted for it
I used bitcoin to buy drugs
I can trade anything for two pizzas if needs be. There would be a very specific reason why your bank account got closed which doesn’t allow you to use this as a normal example. I can send remittance to my family in a myriad of currencies. Nobody on this subreddit lives with a currency less stable than Bitcoin. Ditto war torn country.
It may be a widely accepted currency one day. Maybe. But right now it’s a speculative asset.
The main reason, bitcoin should not exist is, nobody apart from banks can have the power to wash dirty money !
I think btc already is and will continue to get more and more stable with each cycle, that’s why possible gains are getting lower, getting 10 or 100x on btc is not very feasible
I have owned it for a few years now.