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Descant · 10-31-2021, 11:23 AM

I think I'm about 95% digital without Bitcoin. My receivables go directly to my bank account. My bills go to the same bank for autopay. I buy stuff online or in a retail store with a credit card, which is on autopay. Occasionally, a vendor will say, "Cash only. I'm saving for retirement."
I expect the creators of Bitcoin are at least as trustworthy as Congress and the Fed when they want to create more money.
I could buy Bitcoin which is certainly volatile, or something like MRNA which increased in value 500% September to September. At least a company like Moderna has physical assets that could be sold to pay debts. Bitcoin has no such assets.

10-31-2021, 11:23 AM	#84
Descant Senior Member Join Date: Mar 2006 Location: Merrimack and Welch Island Posts: 4,030 Thanks: 1,209 Thanked 1,509 Times in 982 Posts	Digital currency? I think I'm about 95% digital without Bitcoin. My receivables go directly to my bank account. My bills go to the same bank for autopay. I buy stuff online or in a retail store with a credit card, which is on autopay. Occasionally, a vendor will say, "Cash only. I'm saving for retirement." I expect the creators of Bitcoin are at least as trustworthy as Congress and the Fed when they want to create more money. I could buy Bitcoin which is certainly volatile, or something like MRNA which increased in value 500% September to September. At least a company like Moderna has physical assets that could be sold to pay debts. Bitcoin has no such assets.