If you didn't buy Bitcoin at $40,000...

[Kaveh]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

what I mean is the sheer cost of simply transfering money between banks, or between people and setting up payroll is astonishingly expensive.

here are your options for transfering money to someone besides literally giving them cash/check:

1 Paypal, a company of 1500 employees, and all that paperwork and infrastructure costs

2 your bank, like paypal but 10x the employees and infrastructure costs and footprint and costs 3x as much to do same transfer - requires enough information to steal someone's identity (NOT SAFE)

3 another of the many companies like paypal, see the payapl footprint.

bitcoin: payer & payee

the "environmental impact" of bitcoin will never, EVER compare to the impact of any of those other options.

Let alone the costs customers would save by using bitcoin for the same service.

Around the world people can transfer money between each other for goods and services with virtually no other parties involved, through email, instantly.

I mean the net positives of that alone make bitcoin so much better for the environment, and the economy, than nuke power is for energy. It's like the economic version of getting your power from the sun.

There is no reason to use a non crypto based economy at this point, at the very least the new world order should issue one, because paying banks huge sums of money to just destroy the environment is a stupid alternative.

Wrong