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> people have seen the future and they want more. Normally when there's a demonstrated demand for something, its price doesn't go down by 75% year over year.
by mygo 8y ago
> people have seen the future and they want more.
Normally when there's a demonstrated demand for something, its price doesn't go down by 75% year over year. Well, outside of government price controlling
You could be right, but it doesn't appear that the thing will be bitcoin, at least not unless it's a different thing sharing the same name.
The promise of bitcoin was a currency. But so far, it's not being used as a currency, people are treating it more like gold than cash. Until people are actually using it in day to day transactions, it's just a collectible.
Now I have been payed in Etherium by a client a couple times, but it's such a hassle. That money's just sitting around because I don't even want to deal with the exchanges.
- adamnemecek 8y agoI said crypto not bitcoin. And the current generation of cryptos isn't quite there yet.
- mygo 8y agoAh, gotcha. Sometimes people don't discern between the two. What's your definition of there? Being able to do micro-transactions? quick transactions? Would transaction fees matter?