RE: RE: Being Your Own Bank 🏦 Was Never Going To Be Easy
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RE: Being Your Own Bank 🏦 Was Never Going To Be Easy

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Here's what I told a friend of mine that just started to get interested into Bitcoin, without utility it is a "store of value" and no better than gold.

In that way, I don't think it is useful, and will not be the currency of the internet until there is some utility to it. We don't need a "new" store of value, what we need is a way to use "cash" on the internet. Something that is secure, anonymous, and is resistant to influence from state actors.

I sold my BTC in December to buy a camera, and I'm still happy with that decision.

One of the reasons I like HIVE is that there is growing utility to the token. You use it to reward content creators, participate on the chain, and influence the direction that you want to see the chain develop through witness and DHF voting.

If/when the majority of transactions on the BTC chain shift from buy/sell on exchanges to b/w real people doing commerce, I will start buying again.

@noloafing: Here's what I | Ecency