Opinion Question
Argument
Posted by:

Yes, it is

  So what makes it better than any other real world currencies? Nothing really. So everyone runs around crazy waving their hands that USD is dying (it will eventually collapse at some point, or other huge implications will happen), but bitcoin is the same, it can be destroyed by the same problems a real world currency can be, its highly volatile and isn't backed by anything (alas usd is not either). Besides, you can always hear how the first ppl that started with it very early had some real gains. Sounds pretty much like a pyramid scheme/scam. And remember people - think for yourself - did the original creators really wanted to "make the world a better place" or "offer an alternative to fiat currencies to help people" or just to make money. For me - well it might not be 100% scam, but it will probably fail anyway as a bad business project.
FindMeAnExit says2013-11-15T19:58:33.553
"So what makes it better than any other real world currencies? "

Mainly? That it's decentralized and not controlled by any individual or government entity.

Also it's immune to inflation.

Any other questions?
peter0000 says2013-11-15T20:02:07.710
USD will probably collapse due to corruption, debt, and inflation. Bitcoin has none of that junk - bitcoin is just code - it is open source code so anyone can go and verify that bitcoin does in fact do what it is supposed to do, without the need for any central institution or company.
rgurule says2013-11-16T03:55:42.477
Bitcoin has real advantages. Its a store of wealth (like gold), a currency (like dollars), and means of transaction, (like VISA). Its better than gold because it is highly liquid. Its better than Dollars because it is not inflated by new monies. It is better than VISA because the costs of transactions are a small percentage of the VISA cost.

Early investors did make huge profits in bitcoin. The same is true for anything that grows. But remember, those early investors won't get anything unless they put their coins back into circulation.
lolumadm8 says2013-11-16T04:20:23.243
Bitcoin is completely DECENTRALIZED. It is immune to inflation. Anyone who knows even the slightest about Bitcoin should know this. Completely different than USD by leaps and bounds, safer too.
theBlacksmith says2015-01-22T20:58:10.967
Exactly! If someone will say that "bitcoin is 100% secure and cannot be reproduced {forged} by anyone including the originator (who is still unknown) then that person is either in on the scam, or too dumb to understand what's going on. Either way, I recommend to everyone to avoid these like the plague.
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