Comments by "chocomalk" (@chocomalk) on "Bitcoin: A buyer's and seller's guide | Bill Barhydt | Big Think" video.

  1. Good luck in a power outage or local/national emergency. Having no hard currency is dangerous for everyone but the rich.
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  2. His entire argument works against BC. If it isn't worth enough no one wants it, if it is worth a lot then the price woks against itself as a currency IE no one could afford to use it as a base currency thus it becomes an investment vehicle ready to be liquidated into....??? Cash? Bitcoin and cryptos are redundant at this point, the real value is the blockchain itself.
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  3. How does that help the point of sales? You know, when you live in an area that has been hit with an ice storm and does not have power for 3 weeks, how are you going to purchase anything?
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  4. My argument has nothing to do with the price of bitcoin but the accessibility to any digital currency when there is no power. And stocks do not behave the way you think they do.
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