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>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 dropp
by 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 agoThat's not an argument against what I said.
- frgtpsswrdlame 9y agoYou 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.