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That's not what I meant, and that you're thinking this kinda proves my point. People holding onto Bitcoin hoping to get rich don't contribute to Bitcoin as a te
by mrpopo 6y ago
That's not what I meant, and that you're thinking this kinda proves my point. People holding onto Bitcoin hoping to get rich don't contribute to Bitcoin as a technology. They're making Bitcoin a speculative asset.
Bitcoin is supposed to be used as currency. The vast majority of Bitcoin owners don't do that.
- adhoc32 6y agoOf course they don't contribute to Bitcoin's technology, they are not coders. Using Bitcoin as a speculative asset is part of the adoption process. It is not yet a currency, it will take many years to be completely adopted. It's a natural process, I cannot imagine any other way for a decentralized currency like Bitcoin to become a global reserve currency. Can you?