The economy will forever collapse and the currency will always

>>61351083
bitcoin has zero privacy and anonymity, the blockchain is completely open for inspection. The network has also gotten massively centralized since only large-scale ASIC miners with cheap-to-free electricity can profitably mine. Both of those completely undermine the goal of having a currency that a government can't manipulate for its own ends.

Whatever coin takes over, it shouldn't be bitcoin.

>>61351083
Because I buy rations, disposable lighters, and ammo. If the US currency collapses, you can bet that I'm not going to be able to access an electric wallet.

>>61351083
It's literally just a digital version of silver and gold. In a collapsed society, neither of these will be of any value to the vast majority of people looking to barter. If you manage to survive the collapse, however, these things will retain their value. This means that gold, silver, and bitcoin should be the last thing you invest in, rather than the first.

>>61351083

Because the internet and all your devices will be under total government control in a short while so your currency will just be taken are "taxed" away from you.

Also, if economy collapses you still can't eat a then worthless sequence of numbers.

>>>/biz/

buttcoin scams are off topic here

The economy is already collapsing, you understand that "Bitcoin" will eventually replace the bank. That mean's the bank no longer control's the flow of money. LOL hackers have the banks by the balls.

>>61351083
If the economy is collapsed, who's paying the workers to generate the electricity and run the ISPs that allow you to access your fictional cyber money?

>>61351083
>The economy will forever collapse and the currency will always get devalued.
this is what bitcoiners actually work for

>>61351164
That's not how it works. Paper currency is worth nothing if economy collapses. Gold and silver will always be in demand because of rich people and electronics

File: did an austrailian invent bitcoin.jpg (98KB, 500x561px) Image search: [Google]

98KB, 500x561px

Because the economy will forever collapse and the currency will always get devalued.

Bitcoin is a currency.

Duh.

>>61351114
>zero privacy and anonymity

are you stupid or something ? Jesus fuckin Christ /g/ is infested with virgin retards in summer who don't know shit. Go out and do something, maybe kill yourself

>>61351653
you can't speculate with bitcoin, because there are limited number of bitcoins on the market.

Not what jews's been doing

>>61351626
What rich people last time I checked they where all just shilling there own debts not wanting to pay them off. Hotel's, Spa's, Casino's.

>>61351114
Monero has full privacy and anonymity.

>>61351083
Buy Ether.

File: LiveLeak-dot-com-cef_1499814838-1499804339655_1499814847.jpg.resized.jpg (29KB, 500x365px) Image search: [Google]

29KB, 500x365px

>>61351315
Your knowledge of cryptoeconomics and technology in general seems astoundingly naive and stupid when you present questions in this manner.

The worst thing in life is an idiot and it's unfortunate the internet attracts your ilk in droves.

>>61351114
/thread

Not to mention that it was probably created by some government.

>>61352235
It doesn't you fucking retard. Only way is by buying with cash and tumbling the coin.

>>61352862
Ethereum is a big scam. 80% of it was premined and given to that Russian kid friends.

>>61351315
Coins can be stored offline...

>>61352862
>>61352941
Government made ether.

>>61351083
Because it's all doesn't matter.