My grandpa thinks steemit and other crypto currencies are a scam and he also thinks I am a young lad with big dreams. He says crypto currency has no real value in the real world and the market of money. In my opinion crypto currencies are made to avoid the government having control over your wealth. Bitcoin was created in 2009 and every one thought it was a stupid idea but now you can buy homes,cars,food,electronics,and pay bills and Bitcoin is worth 3000 dollars.
Grandpa= If all of investors invest in bitcoin or steemit if an event like the stock market crash happensagain you will loose all of your money. So that is why Bitcoin or steemit is not worth it.
Me= Grandpa you do not want a government controlling you wealth do you. Bitcoin and other crypto currencies are not controlled by the president or other political powers.
Grandpa= No they are not but they can crash and all of you investors can loose you money.
Me= we can sell crypto currencies for money right Grandpa.
Grandpa=yes you can.
Me= well guys thatch all for the debate please leave your opinion in the comments bellow.
follow me @tomahawk429.
Grandpa= you win this debate.
your grandpa is a scam
It's all relative and depends on the point of view. For some fiat money is also a scam, that most people happily accept.
Ha ha Well some old dudes havent been paying attention young guys either. I am almost 60. I did the calculations myself because I can see Maui from this island and if the world was round you should not be able to see it. I did my own research on cryptos. We all know that Fiat currency is shit and has no value. The US government is a scam as is the fed.
Thts why hes ya Granpa! Hes living in the old age! This is the 20th centary where you can buy food with a mobile phone!
Tell Grandpa it's the same grade of "computer magic" that got us to the moon and put a library in his pocket. It's not all "imaginary coins" but new technologies, that can't be de-valued like his dollars.
Ask him how much that hair-cut cost him 60 years ago. Then tell him 5 cents of bitcoin today will do that 20 years from now or less. (or 5 cents of Neo, 5 years from now)
This is a prime example of the difference of Generations.
Older Generations tend to think in the ways they were influenced in their younger years.
While some things they hold on to are out of date today, we should still respect them for who they are.
This world is a scam 😂
Hail @tomahawk429, it's good to meet a new member.