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The fact that bitcoin even HAS a "dollar value" attached to it is a testament to the FAILURE of bitcoin's original sole objective.
by Erudite_Genius 7y ago
The fact that bitcoin even HAS a "dollar value" attached to it is a testament to the FAILURE of bitcoin's original sole objective.
- Skunkleton 7y agoI am not a proponent of crypto currency by any stretch, but I disagree with this. The fact that BTC has dollar value simply indicates that BTC can't be spent everywhere the dollar can. IMO the real failure of BTC is runaway deflation, which leads to it being an "investment" relative to fiat currencies.
- stusmall 7y agoAll currencies do. In exchange markets currencies are often measured in reference to each other, just pop open Bloomberg's currency page: https://www.bloomberg.com/markets/currencies https://www.bloomberg.com/markets/currencies How would you rather track its value?
- bogwog 7y agoToday it's pretty much just for launderers, criminals, gamblers, and people who don't know how it works/people looking to take advantage of people who don't know how it works.
- mruts 7y agoIs there something wrong with that? Sounds like freedom to me.
- mruts 7y agoHow is that even possible? I can't think of a single thing, material or abstract, that doesn't have a dollar value attached to it.