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Even more fascinating is how btc speculators have managed to convince themselves that the original thesis crumbling actually improves their positions. The mind
by johnwheeler 9y ago
Even more fascinating is how btc speculators have managed to convince themselves that the original thesis crumbling actually improves their positions. The mind believes what it wants to.
- vocatus_gate 9y agoI mean, the value of bitcoin has gone from ~$7 in 2011 to almost $5,000 today. So a momentary dip due to bad news isn't that big a deal in the grand scheme of things.
- rothbardrand 9y agoUh... please name the original thesis that is crumbling. Coin supply limited to 21 million -- still in force. Easy global transactions online that you can do with your phone-- still working Censorship resistance-- still there Trustlessness -- still trustworthy What exactly do you think is the thesis that has crumbled?