Re: [AFMUG] I don’t understand bitcoin

2021-01-10 Thread Chuck McCown via AF
gt;> > controlled by the man" "because look at the state of things, >>>>>> > there is going to be s much inflation so why keep money in the >>>>>> > dollar when its going to be worth crap" but many people that were >>>&g

Re: [AFMUG] I don’t understand bitcoin

2021-01-10 Thread Bill Prince
> > -Original Message- > From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes > Sent: Saturday, January 09, 2021 3:34 PM > To: AnimalFarm Microwave Users Group <a

Re: [AFMUG] I don’t understand bitcoin

2021-01-10 Thread Bill Prince
> > -Original Message- > From: AF <af-boun...@af.afmug.com> On Behalf Of Matt Hoppes > Sent: Saturday, January 09, 2021 3:34 PM

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Timothy Steele
cure >>> contracts and other stuff. >>> > >>> > But then again you could also start the conversation of the feds >>> sooner or later regulating the crap out of it as its no longer a joke, >>> when billions are being dumped into something the feds are go

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Steve Jones
regulating the crap out of it as its no longer a joke, when >> billions are being dumped into something the feds are going to take >> notice. >> > >> > >> > -Original Message- >> > From: AF On Behalf Of Matt Hoppes >> > Sent: Saturday

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Matt Hoppes
secure contracts and >> > other stuff. >> > >> > But then again you could also start the conversation of the feds sooner or >> > later regulating the crap out of it as its no longer a joke, when >> > billions are being dumped into something the fed

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Steve Jones
conversation of the feds sooner > or later regulating the crap out of it as its no longer a joke, when > billions are being dumped into something the feds are going to take > notice. > > > > > > -----Original Message- > > From: AF On Behalf Of Matt Hoppes > &

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Bill Prince
You (or anyone for that matter) could probably accept old silk slippers for payment. Maybe worth a lot to some, and worth nothing to others. Bitcoin is just a bunch-o-bits that can be traded with some agreed upon value. The value goes up and down like gold, but the swings are wider, but maybe n

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Matt Hoppes
ation of the feds sooner or > later regulating the crap out of it as its no longer a joke, when billions > are being dumped into something the feds are going to take notice. > > > -Original Message- > From: AF On Behalf Of Matt Hoppes > Sent: Saturday, January

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Daniel Pautz
-- From: AF On Behalf Of Matt Hoppes Sent: Saturday, January 09, 2021 3:34 PM To: AnimalFarm Microwave Users Group Subject: Re: [AFMUG] I don’t understand bitcoin So then what’s the point? > On Jan 9, 2021, at 5:27 PM, Daniel Pautz wrote: > > As a vendor / merchant you would just nee

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Cassidy B. Larson
Point being your $200 worth of BTC might be $300 tomorrow. But it might also be worth $100 or $0. Probably also similar to having an account with $200 USD worth of CAD funds you might have received from someone.. never know if that CAD will drop in value tomorrow or go up. Probably wont be as

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Matt Hoppes
So then what’s the point? > On Jan 9, 2021, at 5:27 PM, Daniel Pautz wrote: > > As a vendor / merchant you would just need to setup one of the systems that > instantly cashes it out. Don't treat it like a gamble (unless you are into > that / want to do that). > > Dan > > -Original Me

Re: [AFMUG] I don’t understand bitcoin

2021-01-09 Thread Daniel Pautz
As a vendor / merchant you would just need to setup one of the systems that instantly cashes it out. Don't treat it like a gamble (unless you are into that / want to do that). Dan -Original Message- From: AF On Behalf Of Matt Hoppes Sent: Saturday, January 09, 2021 3:15 PM To: af@af