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"I don't mean to imply there have been zero new users" Yes, you literally wrote "[Bitcoin] hasn't succeeded anywhere". "I just don't believe there is much act
by mrb 10y ago
"I don't mean to imply there have been zero new users"
Yes, you literally wrote "[Bitcoin] hasn't succeeded anywhere".
"I just don't believe there is much actual growth in users when accounting for churn."
? I honestly think you are trolling now... You can't seriously be thinking that out of this 8x tx rate growth, there isn't "much growth in users". Even being very very generous with your argument and assuming the average user transacts 4x more, then it still means the userbase grew 2x which would still be a significant success.
"Attracted VC investment in the past tense"
False, investments are still taking place. Here are some deals from 2016: http://bravenewcoin.com/news/bitcoins-biggest-venture-capital-deals-of-2016-so-far/ http://bravenewcoin.com/news/bitcoins-biggest-venture-capita... Over the last 3 years (which is the period of time where you argued "Bitcoin hasn't succeeded anywhere") there has been $0.5-1.0 billion invested in Bitcoin companies, directly contradicting your claim.
"take it mainstream and all of them have failed"
Again, again, and again: tx rate grew 8x, # of ATMs grew, # of merchants accepting Bitcoin grew, price shot up, VC investment are being made, userbase grew, etc. But despite this growth which directly contradicts you, you continue to make statements like "EVERYTHING HAS FAILED"... Bitcoin going mainstream will take 10-20 years or more, and so far it's growing very nicely. The world is not a dichotomy. It's not either "Bitcoin is completely mainstream" or "EVERYTHING HAS FAILED". Sorry I think you are either (1) intentionally trolling or (2) have an issue with admitting when you are wrong (despite you stating otherwise).
I appreciate you attempting to be friendly. But I don't know if you are doing (1) or (2) so I can't afford to waste any more time in this discussion :-( I came back from my trip and started a company. Busy times ahead.
- sanswork 10y agoI'm not trolling I just don't agree that any of those things indicate success only that some people hope it will be successful(and are betting on it) which is the same as the price to me. I do agree that we shouldn't interact anymore though. Good luck with your company.