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Different reasons for different people. There are several camps of BitCoin haters: (1) There are people who think it's a pure speculative bubble or pyramid sch
by api 11y ago
Different reasons for different people. There are several camps of BitCoin haters:
(1) There are people who think it's a pure speculative bubble or pyramid scheme. (I disagree because it has utility.)
(2) There are also people who point out that it's a deflationary currency and therefore broken. (I sympathize a bit with this view but it's not enough to make me dismiss it completely. I think this might be a solvable problem.)
(3) There seem to be some who just take a contrarian position against things that have received a ton of hype or that are too fashionable.
- ssharp 11y agoThere is also a camp of people who don't think Bitcoin has much utility when compared to established alternatives, let alone other advances in other crypto/blockchain tech.