Local Moron Still Believes in Bitcoin
Green Bay, WI - With the recent crash of bitcoin on the news, Steemstreet Journal caught up with local man Mike, who is still a firm believer in bitcoin as the currency of the future.
"Bitcoin is the best currency, bar none", says Mike. "It is much better than gold, it is digital gold. You can move it across the border more easily. Moreover, you can make great profits with bitcoin. This makes bitcoin the best currency. The profits are huge."
When asked about bitcoin's abysmal performance as an actual currency with utility in comparison to actual FIAT currencies, Mike remained quiet, however. Slow transactions and rising fees were brought up, but Mike went on about profits.
"Bitcoin is the single greatest investment of our time. I've made big profits on bitcoin", Mike goes on to hype. "And in the future, I will make even bigger profits on bitcoin, which is why bitcoin will be the best currency in the future, as well. It just makes sense."
When asked how Mike is planning to spend his big profits made on bitcoin, he had the following to say:
"By dumping them and cashing them out as FIAT."
He did not leave the interview without reminding us one more time that "Bitcoin is the best currency".
Steemstreet Journal will keep you updated on all bitcoin related news as the story develops.
Haha very funny stuff. But dont you think it will be solved in the future?
Check my blog for weekly silver calls.
I like silver too...nice collection...
It's me, I'm the local moron.
I am also one of the morons.
I own Bitcoins, but I also own fiat and other cryptocurrencies.
diverse.
Can't be as dumb as me. I lost the keys to a 200 BTC account. Pretty sweet. Now the only crypto I own is what I get from here.
Oh, wow. That was unfortunate!
200 BTC? WTF? :O
True story.
Bro hug* it gets better man.
OMG
At the time it was about 20k gone.
It's like if you had lost the key to your 400k house.
Everyone has it own scale for painful life experiences. However, I realized recently that instead of dwelling on past mistakes and instead of spending tremendous brain power trying to get the most out of a "lost cause", we can look out for new opportunities that will bring us more that what we lost. Be it monetary, or in form of wisdom or relationships. And we often forget that our greatest wealth is our health.
Now I know why I'm so disappointed in you, @pfunk! It's okay, though, I still love you. But feel free to give arguments, though.
we are several local morons! ahaha
This is amazing, lol.
Way more true than I want it to be >:-/
Provident Metals takes BTC as payment. Much better than cash!
Just remember what people said in 2010 and January 2011 --- Bitcoin WILL NEVER be worth more than a $1 USD ever....
Where are those same people now?
..and fiat... how much did your $1.00 go in 2010 vs now? You buy the same things today in fiat, and you need twice as much. :(
FIAT profits are abysmal, which is why they're the worst currency. BTC profits are huge, which makes it the best currency.
So many haters to debate and so little time! if your a Bitcoin haters just move on to something else to hate on. We no haters gonna hate, but damn give it a rest.
Well most people believe in Bitcoin and will keep doing that. Not only because of it's value, but because it paved the way for other altcoin to be developed and platforms like Steemit to exist.
But one point is valid in the post that is ultimately all these coins are valued in fiat currency only and will be converted to it when need comes.
sniffsniff...you hurt my feelings...sniffbrrrrrffffsniff
Bitcoin still has $36B on its market cap so it won't go away that soon. Miners and owners will make sure it will not happen.
However if they will not be able to keep up with its development, competition will eat them alive as new altcoins with great features are being introduced every now and then.
Bitcoin is indeed the greatest investment of our time