Comments by "Martin Luther King Jr." (@martinlutherkingjr.5582) on "Reviewing Bitcoin In El Salvador, 1 Year Later" video.

  1. Considering you have a channel called “How Money Works”, I’m surprised you don’t understand Bitcoin’s value proposition.
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  2.  @GrandChessboard  Money does not need to be a world reserve currency to be money
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  3. I agree, it’s unfortunate crypto is mostly a scam, fortunately we have an alternative to crypto - Bitcoin.
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  4. Imagine a world where people don’t understand the difference between final settlement and a credit card transaction. Lightning transactions take essentially zero energy.
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  5. So Canadian dollars stop being money when you’re in the US? Forex traders would beg to differ.
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  6. Actually, most people do have phones these days, even in poor countries. 2012 is over, wake up, phones are everywhere.
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  7. Yeah, a piece of plastic that might let them access a centralized institution solves all their problems
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  8.  @resop3  It would create a lot of problems too
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  9. But it wouldn’t change the game at all.
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  10.  @scottrussell360  That’s the advantage of Bitcoin, it’s borderless.
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  11.  @megami215  Bitcoin isn’t an app, lmao. Ask them if they accept fed wire from consumers at Burger King.
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  12. The banking system cannot support any transactions without an enormous energy investment.
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  13.  @StefanReich  Mailing gold is also slow but it’s faster than doing an international wire transfer. Secure final settlement takes time.
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  14. And have their coins frozen by the IMF? Sounds like you didn’t think this through…
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  15.  @HowMoneyWorks  See what I mean? If you put in the time you’ll eventually understand it.
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  16.  @paulmahoney7619  Nothing happened to Bitcoin, it’s still running without a hiccup. lEt’S bAn KnIvEs, ThEy’R bAaAaAaD!!
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  17.  @scottrussell360  You think knives shouldn’t be banned?
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  18. @Jimbo Bimbo Bitcoin is money
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  19.  @Repetoire  ?
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  20.  @USandGlobal  It’s a lot less than the banking system uses.
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  21. More like 12 years ago.
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  22. Maybe you’re using a poorly designed wallet. All you have to do is scan a QR code.
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  23.  @weakspirit_  Nobody in my town accepts US dollars so can the US dollar solve this adoption problem No technology can solve adoption unless you count AI bots adopting something. Humans are the ones who do the adopting part.
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  24.  @edwardtan1354  Not sure what you’re trying to say. What is “V2” and “Belka”?
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  25.  @minus3dbintheteens60  What is “tangible value” by your definition?
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  26.  @megami215  Then ask KFC
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  27. Lightning is faster than XRP
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  28. Is it final settlement? How long does an international wire transfer take?
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  29.  @LordVysh  All it is is front end software that you’re interacting with. You wouldn’t know it if they switched the back end to using cryptocurrency or gold.
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  30. Yeah, don’t buy Bitcoin, it just went from $5 to $10!!!
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  31. The problem with that approach is the IMF could freeze their coins.
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  32.  @jonbruce4930  I agree, software has no value. Dumb computer nerds, nobody will ever use software.
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