Staying on Bitcoin for a minute... what can one buy with it?
I think this is where I am struggling to make the leap that it really has any worth. @Greenbank you say if you'd bought £5 worth in 2009 you'd now be a multimillionaire... this is not me doubting that statement, but who would have bought all of that Bitcoin off you, using £ ? And why?
Because if I can't buy a house, a car, or put food on the table - using Bitcoin - why do I want or need it?
This is slightly Devil's advocate, but also me admitting that I still don't really understand it fully!
Staying on Bitcoin for a minute... what can one buy with it?
I think this is where I am struggling to make the leap that it really has any worth. @Greenbank you say if you'd bought £5 worth in 2009 you'd now be a multimillionaire... this is not me doubting that statement, but who would have bought all of that Bitcoin off you, using £ ? And why?
Because if I can't buy a house, a car, or put food on the table - using Bitcoin - why do I want or need it?
This is slightly Devil's advocate, but also me admitting that I still don't really understand it fully!