4 ms·

Bitcoin at this point is purely speculative and this is almost like hooking up a debit card to my Robinhood account and selling stock to pay for it every time I

Bitcoin at this point is purely speculative and this is almost like hooking up a debit card to my Robinhood account and selling stock to pay for it every time I buy something. Seems to completely work around the reasons why Bitcoin etc. were interesting in the first place as a technology.

djpilot 7y ago
"Seems to completely work around the reasons why Bitcoin etc. were interesting in the first place as a technology." I respectfully disagree. The original goal of Bitcoin was to create a new financial system and instrument which ultimately enables people to pay for things.
- point78 7y ago
  *anonymously
  - djpilot 7y ago
    Pseudo-anonymous. Research it a bit if you aren't aware of the implications. https://www.buybitcoinworldwide.com/anonymity/ https://www.buybitcoinworldwide.com/anonymity/
xlc0212 7y ago
What is the reason why Bitcoin? It is digital currency and able to use it to buy daily groceries is the whole point of a currency. It become store of value not only because it can be store of value, but more of you can’t use it for daily spendings and people needs another reason to justify exists of Bitcoin.
- Sahhaese 7y ago
  This is the opposite of using it to buy groceries. This is selling it to coinbase and using the fiat to buy groceries.