Oddbean new post about | logout
▲ ▼
williamspacefire | 7 months ago (raw) | root | parent | reply | flag +2 
 drugs are illegal, but you can still buy it, will be the same thing with Bitcoin, people selling and buying it P2P in person. The thing is, people will always find a way to circumvent the government censorship. Bitcoin is inevitable.
▲ ▼
verita84 | 7 months ago (raw) | root | parent | reply | flag 
 Drugs are bought and sold with fiat
No way to get fiat, how is Bitcoin useful?
▲ ▼
williamspacefire | 7 months ago (raw) | root | parent | reply | flag 
 What are you talking about?? Fiat will always exist, people will be paid in fiat, there'll be fiat using Bitcoin as collateral, governments needs something they can control, just use your fiat to buy Bitcoin from someone wanting to buy fiat for whatever reason. If you think Bitcoin is useless, HFSP, i won't try to convince otherwise, do your research, don't trust, verify.
▲ ▼
verita84 | 7 months ago (raw) | root | parent | reply | flag 
 What good is crypto if you cant exchange it for fiat? Nobody will continue to buy bitcoin or whatever if a country screws up exchanges and they disappear....because there is no point , they cant use it