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I guess technically I'm one of those people whose been involved in bitcoin over the past 8 years, so the general take is that people who've been interested in b
by bbctol 9y ago
I guess technically I'm one of those people whose been involved in bitcoin over the past 8 years, so the general take is that people who've been interested in bitcoin for a long time generally care about the idea of decentralizing power and allowing truly free exchange more than any particular currency, should recognize that wild speculating on bitcoin can only hurt its effectiveness in achieving these goals (and probably indicates that bitcoin itself isn't the right tool for this in the long run), and should be keeping their head down until the overvaluation passes and we can go back to valuing bitcoin/other cryptocurrencies on their actual merits, rather than because we think we can trick someone in the future into caring about them even more than we do. Thanks for the question!