@mkman123 said:
I still dont understand bitcoins....too confusing for me.
Not only do I not understand bitcoins, I don't understand why anyone would accept them as payment for a debt. They appear to have very limited use. Can you use them to buy groceries or gasoline? Can you use them to pay your taxes? Can you use them to buy clothes at your local department store? Do any restaurants accept bitcoins to pay for a meal?
Not to be a smartass, but couldn't you say the same for gold or silver?
I can very quickly convert silver and gold to Federal Reserve notes. How fast can you do the same with bitcoins?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@mkman123 said:
I still dont understand bitcoins....too confusing for me.
Not only do I not understand bitcoins, I don't understand why anyone would accept them as payment for a debt. They appear to have very limited use. Can you use them to buy groceries or gasoline? Can you use them to pay your taxes? Can you use them to buy clothes at your local department store? Do any restaurants accept bitcoins to pay for a meal?
Not to be a smartass, but couldn't you say the same for gold or silver?
I can very quickly convert silver and gold to Federal Reserve notes. How fast can you do the same with bitcoins?
Fyi.
You can transfer your bitcoin to any countries currency instantly with numerous financial institutions.
Comments
I can very quickly convert silver and gold to Federal Reserve notes. How fast can you do the same with bitcoins?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Fyi.
You can transfer your bitcoin to any countries currency instantly with numerous financial institutions.
Not a proponent for it, just saying.
eBay ID-bruceshort978
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