02-20-2021, 03:17 AM
Since everything is electronic pay I guess that works. Buy a cheeseburger and vendor converts to USD or other FIAT. The store of wealth thing is what I don't understand. I was listening to O'Leary and he was stating this. Accept it yes but instantly it's USD and they aren't holding bitcoin. Sure Elon can speculate on it but JNJ not converting their BIZ to it.
I realize USD fluctuates as currency exchange rates fluctuate, but I don't wake up tomorrow and my $100K in the bank is now $50K or $125K.
I know you guys get that. How do you solve that when it's decentralized? I'm not expecting a good answer yet and my net worth is as stable as a leveraged weed stock ETF until I get that answer.
Great spec investment, not a legit currency yet.
I realize USD fluctuates as currency exchange rates fluctuate, but I don't wake up tomorrow and my $100K in the bank is now $50K or $125K.
I know you guys get that. How do you solve that when it's decentralized? I'm not expecting a good answer yet and my net worth is as stable as a leveraged weed stock ETF until I get that answer.
Great spec investment, not a legit currency yet.