Quote:
Originally Posted by BananaPancakes
It's interesting to see how people think currency being tied to government body is actually a good thing. Go to a country where the government is unstable or corrupt and the people there instantly see the value in bitcoin.
Being able to exchange value from one person to another without an intermediary, being able to hold and store value without fear of the government taking it away or devaluing it through hyperinflation. Those are only a few of the benefits of bitcoin/cryptocurrencies.
The price might be in a bubble right now, but even if it crashes this is not something that will just disappear. Just like how the internet has become an integral part of our lives, so will cryptocurrencies.
Someday we might look back and think about how crazy people were to store their hard earned money in fiat currency.
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What does crypto currency give me that Visa doesn't besides being able to buy rocket launchers, people and fentanyl?