Why I Don't Care About Cryptocurrencies Prices and Value

in #dlive6 years ago

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I do not want inflation Fiat Euro and USD

My video is at DLive

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I couldn't agree more. The only reason I do care is because when the market is acting stupid I make sure to pour whatever fiat I have on the sidelines to scoop up more bitcoin. But I have essentially started measuring my wealth in bitcoin rather than USD. The only thing we should spend money on is travel, food, and cryptocurrencies in my opinion

I guess I can kind of agree with this... I personaly plan to use any SBD I make on steemit to improve the community with giveaway or contests, or to improve my page investing it into steem to power up, trading it for USD to buy materials for a project i'm doing, or something along those line. Let's say I'm using my SBD to buy some wood for a project or a camera. I'm going to have to trade it for USD, and I rather Trade when It's at a high point rather then a low point. like earlier today it was almost at $4 USD then dropped to $1.7. If I was saving to buy something the $4 point would have been a good time to trade that way I didn't need as much SBD. I don't watch the values very closely but every now and again it doesn't hurt to check. I'm not some guy who is here to make stupid amounts of money, but if the value of SBD is high at a point when I need something I'm going to use that to my advantage to help make content for my page. They only time I would want to use my SBD to live off of is if I lost my job and was doing this full time while in between jobs. The way the markets are set up almost no one accepts Bitcoin even. So I guess in conclusion it's not necessary to check values, but it doesn't hurt to check from time to time to save you cryto in the long run

My left ear, wasn't getting as much to do as my right. And what you're saying was the basic idea of Bitcoin, to be used as currency and not to be traded around for fiat. But the problem is, that people don't trust crypto, and/or don't accept it as payment.

I am also trying to only use crypto if that option is there. Everybody should.

People accept it more and more it just takes time.

They better accept it, and they will. Fiat is losing value very rapidly. They will at the end of the day look up at us, and ask the question, why do they have more wealth than us. And when they find the answer, they will join.

My problem is more about the bankers, lying to people that Bitcoin is a scam, or that they buy a lot of crypto and throw the private key away. I accepted the fact that most people are easily manipulated, so they believe this lie. But, yeah, it's all about time, when they find out that fiat is losing its value. ( Fiat currencies never had any real value I know, but you know what I mean. )

I agree with you.

I feel like we should aim for projects that make their coins as ubiquitous as possible among your friends and family. I feel like projects like Swiftdemand and ECC are perfect for this because those projects are trying to erase the stigma of "transactions in crypto being difficult".

Have you heard about these projects or know of anything similar? Because I feel like we can ease more of the public into crypto in general through user friendly and focused coins.

It will become mainstream and adopted but will just take some time :)