Most people have no idea what money is. They swipe their credit card and figure if they can make the monthly payment... They can 'afford' something.
They are content paying each other in pieces of paper.
Then when they get tired of their car or whatever they financed they 'sell' it (they never owned it) and have 'negative equity' which means they have to make payments on a vehicle they don't own that total more than the vehicle is worth (a depreciating asset on top of that).
Millions of Americans do this it's 'popular' its how you "buy things" (which is actually financing things through a bank?)
Is it any surprise then that 'hold your own keys' 'hard money' 'that you can't fake' that you either own OR DON'T is so unpopular?
How do you make your "monthly payment" on owning bitcoin?
People aren't really ready for bitcoin yet. There needs to be another financial crisis and people will figure our what that paper money is really worth. Not until then.
Most people have no idea what money is. They swipe their credit card and figure if they can make the monthly payment... They can 'afford' something.
They are content paying each other in pieces of paper.
Then when they get tired of their car or whatever they financed they 'sell' it (they never owned it) and have 'negative equity' which means they have to make payments on a vehicle they don't own that total more than the vehicle is worth (a depreciating asset on top of that).
Millions of Americans do this it's 'popular' its how you "buy things" (which is actually financing things through a bank?)
Is it any surprise then that 'hold your own keys' 'hard money' 'that you can't fake' that you either own OR DON'T is so unpopular?
How do you make your "monthly payment" on owning bitcoin?
People aren't really ready for bitcoin yet. There needs to be another financial crisis and people will figure our what that paper money is really worth. Not until then.