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> But bitcoin has utility, in case of hyperinflation, capital controls, asset protection etc. It really doesn't, and in a blatantly obvious way. All it has is
by geezerjay 9y ago
> But bitcoin has utility, in case of hyperinflation, capital controls, asset protection etc.
It really doesn't, and in a blatantly obvious way. All it has is propaganda pushed by those who are personally invested in doing the pumping as part of a pump-and-dump scheme.
- splintercell 9y agoSo your argument is "no it ain't"? I don't really understand your argument. Are you doubting the part that people are using it for fleeing capital controls in China or for asset protection or how they were using it during Venezuala crises?