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| Topic | I bought 1500 dogecoin for $25 |
| Sad_Face 01/28/21 1:02:14 PM #53: | EricDraven59 posted... USA dollars are physical money which can be used in any store across the country. Or you use a debit card which is your money in the bank. American dollars are tangible. You can hand as many physical bills as you want to a person, you cant hand over a digital coin. Oh and why are bitcoins so expensive? You spend tens of thousands of dollars on a couple coins, when you could have bought the item you wanted for about 10% of the price with actual money And you know why the world uses US dollars over any other currency? Because the US military enforces it and introduce DEMOCRACY to any country that dares to challenge the US dollar. You're asking the right questions. We are moving to a world where we can digitize assets but do recognize that most commerce is done electronically, people are already sending each other money via Venmo or Paypal. Blockchain technology creates universal and OPEN platforms for people to do business with in a new trustless and secure manner without the need for a 3rd party to facilitate the transactions (like Paypal). This is important because removing 3rd parties prevents collusion and malicious actions like what we're seeing right now with Robinhood blocking retail investors from buying Gamestop shares while allowing institutional investors to make trades to drive down the price. If this topic is still around, I'll elaborate some more. But in the meantime, I implore you to check out these links. https://www.youtube.com/watch?v=Pl8OlkkwRpc https://blog.chain.link/what-is-chainlink/ --- ... Copied to Clipboard! |
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