El Salvador officially passes the Bitcoin Bill. Anyone else feel like the entire world is losing their mind? WTF!!!

How many times has Bitcoin come back?

A price crash != the bubble collapsing, you dumbass.

And this has done what to Tether exactly?

Pointed out that it's all fake money used to prop up the price?

That should people sell there literally isn't the liquidity in the market to hand them their USD.

And yes yes, this "isn't a problem when we just never sell". Congratulations you figured out how to break a commodity market.

Ya still gotta pay rent and food mate. Even if ya got that flight ticket to El Salvador, the shop you just paid will immediately sell the Bitcoin for actual money.

This already happened.

No. Those are the price-swings of a volatile commodity.

A collapse is when people rush to sell their Bitcoin and try to get money out.

As it turns out, nobody ended up in poverty.

You got your USD then? No? Well enjoy still being poor and unable to buy your lambo.

The entire plan you bitcoiners have is "HAHA WE'LL BUY UP MOST OF THE BITCOIN AND THEN WHEN BITCOIN BECOMES THE MONEY WE'LL HAVE ALL THE MONEY AND BE RICH"

Which, firstly: Sorry that's not how that works.

Secondly: Even if it did work ... we idiots can just grab some guns and murder you to take the money.

There's no reason to buy into your scheme. It's success requires extreme wealth inequality, but said wealth inequality means I can simply round up the 80%-90% of poor nocoiners and stab your ass until you cough up your keys.

/r/Buttcoin Thread Parent