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Bitcoin is not just casino though there is actual known and potential uses of bitcoin one is as a currency. Now you might not believe that it will succeed(i don

• frgtpsswrdlame 9y ago
  >Bitcoin is not just casino though there is actual known and potential uses of bitcoin one is as a currency. Except several vendors have recently started dropping it as a currency primarily because a currency which is deflationary makes a good investment and a terrible currency. Bitcoin has no use-case, or maybe you can disillusion me and tell me what you've done other than hold it? Besides, what this thread has illustrated to me is that bitcoin is a gamble, same as a penny stock.
  • ThomPete 9y ago
    That's not an argument against what I said.
    • frgtpsswrdlame 9y ago
      You said Bitcoin is valuable because it has use cases. I said it doesn't have use cases. That's an argument. As well, you're drawing a distinction between walking up to a craps table and putting money on red and logging on to a brokerage account and putting money on penny stock XXX. I see those as the same things. You've also used a post hoc definition of investment, one where if the bet is good it's an investment. You've also deferred investment to mean any 'financial scheme' but never defined financial scheme. I take issue with all these things.