Small goal might have been achieved (some fiat money earned). But it's still fiat money in old debt-slave system. So it's actually retreat. True victory is when we don't need to go back to fiat. However I'm not judging your decision, maybe we will have to go through one or two more phases before we get there. Anyway, enjoy your earnings! But if you think it's win situation, then you still live in an illusion.
You are viewing a single comment's thread from:
It's a win because I am debt free. Do I like going back to USD? Nope, but the local car dealer doesn't take BTC yet.
Perfect opportunity to introduce him some crypto service like Bitpay and help him to save some credit card fees and avoid charge-back risk. And you will save income tax. That I call win situation - moving Bitcoin from speculative asset to utility and to save some money during that process on both sides. Well, and no-one is debt free, there is 199 trillion world debt created, that makes about 30k USD per head (yours included) :).
that's true, if BTC may be widely adopted, it will skyrocket to maybe 10.000, 50.000, or 500.000 USD, or it's just a bubble . But in my opinion, the market cap will be much higher in the future, just take steemit, millions of steem worth of USD may be bought into BTC to "cashout" and that's just steem, imagine what happens if there were hundreds of platforms and tokens like steemit/steem!