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If I want an Uber or a coffee, sure, I'll spend BTC. I could make more money by waiting, but I can't live without coffee or transportation. Why do you waste yo
by mbrock 9y ago
If I want an Uber or a coffee, sure, I'll spend BTC. I could make more money by waiting, but I can't live without coffee or transportation.
Why do you waste your dollars on coffee when you could invest them in a deflationary cryptoasset?
- sDUGOBIUOBOIU 9y agoSame reason I don't put my money on the ponies. I have no experience at speculation and no confidence that I could do a good job of it. I'm pretty confident that every cryptocurrency bubble will burst in the near future, but I have no idea when this will happen and no confidence I will get my money out in time. And I have serious moral objections to all existing cryptocurrencies. I'm not going to support something I consider immensely harmful as a get-rich-quick scheme.
- dnautics 9y agoMaybe it isn't the worst thing in the world to force people to think twice about opportunity costs before engaging in wanton spending?