She means compared to other cryptos and in general. She knows about first mover advantage. She knows about scarcity.
What else?
She thinks she's not more useful than gold or regular money.
What can I tell her? I told her about decentralization and how it's trustless but it's not enough for her, I'm looking like an idiot here my friends.
go to bolivia in flip flops and a tshirt and repatriate yourself to your money with gold
She's your wife, be honest and admit to her that you don't know shit then kiss and make up and have sexual intercourse while reading Satoshi's whitepaper together
should've slapped her for asking stupid question
now she thinks you're both a retard and weak
Its the most secure, most decentralized, and has no "owner," so its the most public chain. Its the most fairly distrusted, most trusted network with the longest time tested value and security.
It's government free money, what more do you need?
if people ask, tell them your wife walked against the door, she is really sloppy sometimes
>inb4 OP gets cucked by an oil chad
Nothing personal kid
cuck
>"by far the the most established, marketed and used crypto in the world with 11 years of experience, came out strong through everything that crypto has ever faced, all the while getting billions of dollars worth of free advertisement every year"
>"not good enough"
I think something needs to change user, and it is not your crypto of choice.
It's because people use BTC to buy drugs and other cryptos have FBI monitoring built in and it's called fancy things like "staking" and "Oracle support"
> decentralization and how it's trustless but it's not enough for her
>for her
What are her counter arguments ? Does she not understand what that means ? IS you married to a broomstick?
> I'm looking like an idiot here my friends
yes beacuse your wife turned out the have lower iq, than you had expected.
>She's your wife, be honest and admit to her that you don't know shit
I will do that if I fail to get an acceptable answer. I forgot I also kinda told her about security, in the sense you can make fake money but you can't make fake bitcoin. She still insists with gold
NEVER TELL YOUR WIFE YOU HAVE BITCOIN
>now she thinks you're both a retard and weak
Not really, she's my wife, she likes me
>having a woman for IQ value
Women are for breeding purposes only and they don't contribute in an intellectual capacity at all. They are just glorified housepets with a vagina and way too many fans telling them they're never wrong.
Women don't possess the capacity to love another human they just select mates based on calculated breeding options subconsciously and male testosterone puts men into an irrational frenzy leading to breeding behaviors followed by hormonal rewards being triggered in the body.
You have nothing in common with a woman.
T. A woman
That's where you're wrong bucko, she should dote on you. "likes me" mean's she'll settle for now, until better offers present themselves.
You can explain to her bitcoin is more like gold than a fiat currency. No one entity like the government can manipulate it for political or corrupt purposes. Gold is scarce but there is still about a 3% inflation in supply from new gold mined (still better than USD whose supply has increased 4x in the last 10 years). But gold is hard to transport and secure. Bitcoin has less inflation than gold, and is much easier to store and transact. Bitcoin will also be easier to transact than money in a few years (off chain/side chain tech). Bitcoin is like a better version of gold. Gold just happens to be a good metal for use as money, while bitcoin was designed to be the perfect money.
It's the most reliable crypto been around the longest and most people know about it similar to gold. Gold isnt the rarest metal but its valuable cause people know about it.
Correct.
Selling drugs and speculation, it's all it is about
This sounds like the kinda innocent questioning that'll show up in a divorce court when the subject of assets and how to fairly split them arises.
You (shouldn't have gotten married [shouldn't have told her of your investments]) should've just patted her on the head and told her you don't know how it works, just that it does.
It's the fact that its hashrate is the most unrealistic to attack, given that private money operators get shut down (liberty gold etc) when the government is able to do so easily because of some server they can seize or an office they can raid, or even bank accounts they can freeze. all of the coins have a cryptographic cost to attack. bitcoin's is the highest on a strictly proof of work basis. the value comes from this aspect, which can be boiled down to security, with better acceptability being another factor
That is a man
bottom line is this OP, you can talk about the highest brand awareness, the first mover advantage, the quality of the development, the widespread institutional interest, the ability to use it compared to other coins, its central place in crypto trading, the mystique of having an anonymous founder with billions of dollars who hasnt been discovered or moved his coins after 11 years, the fact that it's the most money like unit of account to have ever been transactable between two parties without the use of a third party. none of that matters without discussing the underlying security model of bitcoin, all of the value begins at its monumental hashrate, which is valuable because it makes the network infeasible to attack
It's a also gateway to other cryptos.
Many shitcoins only have BTC pairs.
you handle the crypto. let me handle your wife.
because the economy is completely fucked and people fear gold confiscations and negative interest rates
its the name op. i doubt theres a person on this planet that hasnt heard of bitcoin by now. however ive spoken to multiple IT co-workers about crypto and have yet to have anyone know anything other than bitcoin.
do you know why Coke is used to ask for any softdrink or how people ask for a Kleenex when wanting a tissue? because companies realized the importance of being a household name.
The equilibrium price of bitcoin is based on how much it costs to mine it. Everything above that, is speculation of future value.
It's math and is backed and valuable because of demand and separation from out of control government debt-based fiat. It's just math.
>wife
>she
>her
>government free money
this doesn't mean much by itself, I need practical implications
>Does she not understand what that means
she does up to a certain extent but I believe the problem here is that she trusts the government and central authorities
>NEVER TELL YOUR WIFE YOU HAVE BITCOIN
Man, she is my wife. And I spend 2.5k EUR every month from my salary on cryptos, she must know
>"likes me" mean's she'll settle for now, until better offers present themselves.
this is true and there is nothing wrong with that.
>Women are for breeding purposes only and they don't contribute in an intellectual capacity at all
Come on now
>You can explain to her bitcoin is more like gold than a fiat currency. No one entity like the government can manipulate it for political or corrupt purposes. Gold is scarce but there is still about a 3% inflation in supply from new gold mined (still better than USD whose supply has increased 4x in the last 10 years). But gold is hard to transport and secure. Bitcoin has less inflation than gold, and is much easier to store and transact. Bitcoin will also be easier to transact than money in a few years (off chain/side chain tech). Bitcoin is like a better version of gold. Gold just happens to be a good metal for use as money, while bitcoin was designed to be the perfect money.
I think this is the best way to put it - as I already did - she is still just a bit skeptical because she made the remark that gold has a quite longer track record as a store of value
i love these retarded economic theories that we tell retards so that they buy into the pyramid scheme.
first mover advantage isn't a real thing.
It's actually more effective to learn from the mistakes of others and innovate on an idea that's already established. you avoid most of the the R&D costs that way.
look at Apple, they have hardly innovated on anything, but took existing technology and existing product sectors, and repackaged them in a way that appears innovative and holistic.
bitcoin stays afloat because players with a sizeable stake in it keep it afloat.
next up, network effects are just another way of saying natural monopoly.
thats a man
>It's the fact that its hashrate is the most unrealistic to attack, given that private money operators get shut down (liberty gold etc) when the government is able to do so easily because of some server they can seize or an office they can raid, or even bank accounts they can freeze. all of the coins have a cryptographic cost to attack. bitcoin's is the highest on a strictly proof of work basis. the value comes from this aspect, which can be boiled down to security, with better acceptability being another factor
this is really good
>first mover advantage isn't a real thing.
>It's actually more effective to learn from the mistakes of others and innovate on an idea that's already established
you are aware that there were previous attempts at digital money before bitcoin, are you?
Basado
Ok, as long as you are not having an argument about it, it should be fine. But looks a little bit like: oh user why are you spending so much on funny internet money coin named BTC.
Is she against it ? is she just intrested? Does she have any intentions? How did it start? Is she "not understanding it" critiziing you for buying it ? You "know" her best so discuss from that point of view. Maybe she cares for you, but this situation sounds overall dumb discussing finances that she didnt know could have opened an unwanted pandorabox.
Dont let ppl know, what they don't need to know. For your own and their protection.
bunch of virins
>as long as you are not having an argument about it, it should be fine
no no, no argument, she is mostly curious
>How did it start?
every once in a while she asks me how is it going with the crypto investments and I told her btc is rising a lot recently and it went on from there