LOL, your comment is longer than my post :P
Your land argument I get that, yes you can use your land to extract food and water, but without capital, you can't do it effectively, how do you convert that excess value you create into something longer term? An avocado takes 12 years to produce but it cannot hold its value once its produced it needs to be consumed or the value is lost.
Bitcoin is energy + time storage, time is something we don't think about, but it has value.
If we take all the machines needed to mine Bitcoin, all the energy, all the skill, labour and time, that value doesn't disappear it's reflected in the price of Bitcoin.
All value is a thought abstraction, it didn't have to be BTC, if we all agreed oak trees was money, so be it, BTC just happens to be it for now, could be something different in 1000 years.
Forking
As for forking, I would disagree there too, you can today download EVERY single URL on Twitter or Facebook, set up a server farm or buy a metric fuck tonne of cloud space and copy the site page for page, do you think people are going to go to your site?
No, the market has already made a decision, they want Twitter and Facebook and actively ignore any other options, does that mean people aren't using tumblr no, but its so small who cares? Same with forks! I don't see why people shouldn't have their own coins and exchange between one another, I have no problem with how others measure their value and want to trade, in the end its all accounting.
Just that BTC will be the premier version of that system.
Trading in another country
I would rather take my BTC and sell it for whatever price I get in another country to start over. If you leave a country due to wealth confiscation, you normally get there with sweet fuckall, they can freeze your accounts and take your gold. BTC is mile ahead of anything else, so what value are you going to take with you?
They can take your land from you too, I've seen it happen here, nothing is sacred, unfortunately, BTC is the best option we have to take some value with you. I didn't say its full proof but 0.1 BTC to start over is a lot better than fuckall
Price of miners
I don't see this as a problem due to competition, the instant the margins get bigger and the efficiency improves and the cost of energy comes down more miners come in to compete and maintain that demand for BTC.
Taxes
IF you think money is only real because it's taxed by all means mate, more power to you
Bitcoin of now is not the Bitcoin it will become
You're basing a lot on what Bitcoin is now and I get it, arguments make sense, I personally don't give two shits about what Bitcion is now or I wouldn't;t buy any of it. I care about where it will be in the future
Do invest in land because you like the land now, or what you going to get out of in the future?
Do you start or invest in a company because of what it is now or what you going to get from it in the future?
We're all making bets, this is my bet, I don't really think any alts can take over, the market has decided. There will be niche products people will find value in and that's fine.
What I want is a way to continue to save and that's what BTC offers me. I don't even care if you don't agree, its not your money its mine. I am not telling you what to do with your money or time.
!ENGAGE 50
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