People need to know that they're using Bitcoin. Otherwise it's deception.
Post by twetch#2081
In my professional life, I sometimes sub-contract portions of the work to others. It isn't deception as long as its my responsibility to deliver at the end of the project.
What the chain says
- Block
- 635 483
- Time
- 2020-05-18T16:55:18Z
- Signer
- 1DgKcVmEVup9Z8RdGRRGpKv5GDC4q5x2Z1
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2081
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1DgKcVmEVup9Z8RdGRRGpKv5GDC4q5x2Z1 VerifiedReplies (16)
It is if people hold bitcoin and aren't told what it is.
Yes, that would be deception. But, what I mean is, for example, if Twetch decided to directly sell interactions to fiat paying customers through some credit card payment gateway, then Twetch doesn't owe them Bitcoin, they owe them Likes and Branches.
That's a waste because earning dollars is less efficient. Also you shouldn't hide bitcoin from people. That's not very nice!
Normies will never switch to Bitcoin when Gov taxes them in dollars. This is why GatesCoin will take over, Gov will make it so and tie it into everyday life. Bitcoin can't win as money head on, too late, BTC wasted that chance.
What if the Bitcoin they are holding represents something worth much more than the value of the Bitcoin?
Like a 100 million assets per coin.