I want to tell you guys about this thing called myspace. It is the biggest social media platform in the world, has the best developers, and the most users. Everybody is on it-so why not get on this money train while you can?

make hay while the sun is shining.

what do the bitcoin devs do all day and who is paying them? who are they?

You'd be saving bigly by using Stellar for payments since its the fastest and cheapest way to move crypto.

That was great.

Would watch again

Except nobody accepts stellar and cashing it out on an exchange takes forever. Bitcoin fees are only high because everyone wants to use it.

"Even my hairdresser buys bitcoin." *Looks at singer's $5 buzz cut* Story does not check out.

.

The top exchanges handle XLM, and I never said anything about cashing out. Still cheaper/faster to send XLM and convert to ltc or eth for cashing out.

Obviously you don't have to declare it, that's like having to declare your credit cards /facepalm

It's more like having to declare your jewelry. Or maybe a check.

It's nothing like that. There are no bitcoins on a trezor/ledger (or anywhere else for that matter). It's more like if you had a really complicated paypal password that you couldn't remember, and had it stored in a file on your cellphone. Do you have to declare that if you had 10K in your paypal?

U.S. Customs and Border Patrol says on its website, "If in doubt, declare it."

Bitcoin isn't even close to the same thing as a credit card. The only facepalm is me having to read your bad posts like this.

Def not cheaper after exchange fees

Pauly posts are troll droppings.

The same argument could be made for gold. Most of it's price is derived from consensus, not utility. And since many people want a product that to invest in that is not government controlled(as a hedge against ones that are government controlled), bitcoin makes for a pretty good option.

I'm not saying bitcoin should be worth 16k(or whatever it is today), but the fact that it's a technology that solved the double spend problem, is censorship resistant, fungible, anti fragile, nearly infinity divisible and has some of the smartest people working one(and auditing) it's code, I think it would ans should be something that is sought for the same reason folks want gold.

THIS!

right but there is actual consensus that gold has value. you can't make that claim with bitcoin since its very new. thats speculation. if its not widely used as a currency then why would bitcoin become the first virtual store of value?

the whole thing is massively speculative whereas gold has been valuable since forever. the price of gold can rise and fall but the idea it could be completely abandoned overnight isn't realistic. bitcoin is definitely in that stage right now. people are speculating its could be a store of value and there is no consensus yet. the only consensus is that its the industry leader in crypto

My bad.

The thread has 25000 posts

Gold is the best conductor and is used in every computer we have today. I guess that isn't an expansive utility, but its sure as **** an important one.

One of gold's utilities is supporting the Bitcoin infrastructure.