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>> it may yet turn out to be a viable way to store value Really? I think is just kind of post-factum rationalization, something that helps Bitcoin fans deal wi

• jhwang5 9y ago
  There's deep parallels between Crypto fans and scientologists.
  • spookthesunset 9y ago
    Go to any penny stock forum on finance.yahoo.com and the parallels are even deeper. Bitcoin, and the entire crypto-space are basically souped up penny stocks for the 21st century.
    • matthewbauer 9y ago
      At least with penny stocks you own a real company, though.
• Jotra7 9y ago
  Failed? I'm laughing all the way to the bank. I've heard naysayers like you since 2012. Sour fucking grapes, mate.
• natalyarostova 9y ago
  As insufferable as the bitcoin True Believers are, so too are those who claim it is trivially true it is a worthless scam currency. If scientific inference on the world were easy, we wouldn't be so awful at predicting the future, and we wouldn't rely on randomized experiments (or observational causal inference) to uncover most truths we have uncovered as a species. The technology and use of bitcoin as a store of value is an open experimental question. The experiment is currently in progress. To believe you can infer the truth so clearly, either for or against, is the natural naïveté of the uncalibrated human mind. Not to claim no one can ever know the future, or that some people aren't talented at prediction. All the same, there are particularly bright people who can't come to an agreement on the future state of bitcoin and was it will offer. Why is that? Is one set simply wrong, so clearly?