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Precious metals look cool and have held value in human society for thousands of years. Bitcoins are immaterial numbers in a distributed database that a tiny fra
by inimino 8y ago
Precious metals look cool and have held value in human society for thousands of years. Bitcoins are immaterial numbers in a distributed database that a tiny fraction of humanity has been interested in for a tiny fraction of human history.
That the best use cases for cryptocurrencies found in ten years of trying are illegal doesn't say much for its utility.
- hd4 8y agoWhat other use cases are you expecting at this stage of adoption, considering it has been derided by all "serious concerns" as a fad and all established financial institutions have blockaded it? You are parroting the same dismissive media tune made by the people with a vested interest in the status quo remaining the status quo. The bitcoin logo also looks cool.
- inimino 8y agoThe use cases of cryptocurrencies are the same as any currency: paying for stuff. If enthusiasts think that paying for stuff with cryptocurrencies is going to become popular, I don't think it's just a "dismissive media tune" to point out that after ten years, it hasn't happened.