Ban this person from this subreddit please
nixed9
joined 11 months ago
Lease it to existing businesses. Triple Net.
This is exactly how I felt about Tom Brady and the patriots for like two continuous decades. Like ok Tom we get that you’re the GOAT can you please just like, go away now?
This comment strikes me as uninformed. The creator of bitcoin wasn’t an entrepreneur. It wasn’t a business idea, at all. It’s a technological experiment.
Bitcoin isn’t about “having a fake coin.” It was about a global, decentralized, (theoretically) secure and impossible to hack technology that would allow anyone in the world with internet to access effective banking services.
If I want to send money to someone in Japan right now, how do I do that? We both need banks, we both need accounts, I have to tell my bank to send money to his bank, it has to go through clearing houses, exchange rates, etc. And if there are political issues that prevent capital exchange, you can’t do it.
With bitcoin, the global network was decentralized and secure. That was the goal of it. Saying “it’s fake money” is just meaningless; ALL money that is not heavily commoditized, all fiat money, including US Dollars, are fake
The real problem with bitcoin, the reason that IMO it cannot ever become ubiquitous as an actual currency, is that it is deflationary by nature. Everything I’ve ever learned about economics tells me that deflationary currencies don’t work.
You married the wrong woman