Okay refute this Zig Forums

i dont value youtube or facebook but i do value anything of knowledge i have found on there. frankly they act on the first right of capitalism and make the customer satisfied by their ease of services

also its not true, trying to get someone to switch from bitcoin to something newer and better can be quoted by keynes "it's not that it is slow to adopt new ideas then it is to let go of the old ones"

it doesn't matter if you value it, it matters that investors value it.

and they don't operate on a "right", anyone is permitted to make their own network to compete with fb, its just pointless because no significant portion of users will actually make the switch to a dead platform.

Every fork bleeds some value from btc.

A company on youtube has VALUE because it has the vast majority of users.

There is no incentive to make videos for platforms other then youtube since you will have no ad revenue.

There is no incentive to use a store of value other then bitcoin as if nobody else values the shitcoin you picked you are just holding dogshit.

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bbc.com/news/technology-50902496

5/5 bait

but i think that argument can appear shortsighted, at a point amazon was literally a dead platform until it become the most used platform today. its not fair to assume what is dead until you suddenly realize it is not dead at all
in capitalism there is always an incentive when peoples needs are not being met, have you seen the censorship from those companies?

This

>the most battletested
>the most secure
>the most immutable
>the most pure launch of any crypto
>the most liquidity
>the most respected

I'm not saying its impossible that a new network would one day overtake btc, I'm saying its not as easy as just randomly shitting out a new hard fork to create infinite value. There would need to be a significant incentive for people to switch.

This is why we need AMPL. The elastic supply protocol makes me hard as diamonds.

Tell me user why is MCdonalds worth so much as a company if I can just open my own burger joint?

>the most secure

that makes a great point. when a company comes around they will say their coinage is secure (ripple) and they might make the customer feel good when using it because it is faster and more "secure" then a coin that is honestly more secure than it, and aslong as the customer is insured between any hacks they wont know the wiser what is more secure. i think this really eats into its wide spread adoption because people lack such a logic

Means of exchange for drug trade

Forks are silver to bitcoin's gold. The pattern is that people favor the stronger currency so silver falls out of favor and gold dominates, so it shall be with crypto.

by all means copy mcdonalds, but bitcoin is opensource and there are no law suits against opensource. that's why i would like to bring up another important fact, the technology of bitcoin, if it can be considered as a commodity, is thus infinite

Yes and you have a platform like bitchute where you can post what you want and it has 0.01% of the audience.

Congratulations. You've just discovered that bitcoin is backed by hype and nothing else. But to brainlet biztards, that's better than fiat currencies which are backed by giant fucking armies and national economies. Whatever coinniggers, keep gambling on your shitcoins, 99% of which go tits up in a year or less. I'll keep buying stonks and bonds which are guaranteed to keep increasing until the country physically collapses.

Because McDonalds uses economy of scale to force its way into every market possible. Same thing with walmart and every chain store. Does bitcoin have an army of jew lawyers doing that? well, no, it doesn't. so it's doomed to collapse. no on e is forcing you to use bitcon. but you are being forced to eat in mcdonalds, shop at walmart, and transact with other megacorp as all small competition is removed.

The only reason anything has value is the physical force or legal force (which is just physical force, once removed) backing it.

i was going to say, alex jones, a man unjustly banned from global tech i assume does just fine with his own video platform, and there is capital to the name as well
i agree that you can get cornered out of the market this way. but everyone in the crypto market wishes you success so the developers can make you millionaires

All money is based on faith. If people believe in it, then its valuable. If everyone stopped believing in usd, then no one would want it.

>The only reason anything has value is the physical force or legal force (which is just physical force, once removed) backing it.

what a disgusting statement. People were exchanging tokens of value for thousands of years before militaries coerced them to exchange in worthless paper. To trade and to have value abstractions is a natural human tendency and absolutely does not require force.

i would say all money is based on fun, do i have fun using it, earning it, keeping it? if so then it gives me value as a person, if everyone stopped using what i had fun with, i would still have fun with it if i had a spine, thus no faith is involved. such as there was no faith to exchange with cigarettes in ww2 other than it gave me value at the time, i would still invest in cigarettes, hold cigarettes, even if the faith wasnt there. thats not to say there wasnt a bubble and people used cigarettes as money just because every else was too. that also goes with saying that even if cigarettes crashed i still held value, and thus it could never crash to 0 because i could find someone who also valued those same cigarettes