He seem to assume the idea of bitcoin is making money on speculating on it, which I'm not really a fan of in general, but I'm pretty sure we have different reas

He seem to assume the idea of bitcoin is making money on speculating on it, which I'm not really a fan of in general, but I'm pretty sure we have different reasons. I guess he missed the point of cryptocurrencies, that they traded for profit is only circumstantial. I'm not entirely sold on cryptocurrencies, and am not certain that that's what will reign trade in the future, however it might and it's a very interesting idea/technology and if it will lose as a general currency it might win in contracts for example. One of my personal reservations of current models of cryptocurrencies is how easy it is to have early adopters build up a fortune in the beginning, primarily for causing such a avalaunch of competing currencies of such similar workings (if radically different ideas where tested it might be more interesting), arguably many for simply this reason (to make creators rich).