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The OP said Bitcoin is like the lottery. It’s on him to explain that. The lottery has not returned value to almost every person who bought a ticket in the past
by solosoyokaze 6y ago
The OP said Bitcoin is like the lottery. It’s on him to explain that. The lottery has not returned value to almost every person who bought a ticket in the past decade, Bitcoin has. It’s a false and inept analogy.
- lmm 6y agoI think the overwhelming majority of people who bought Bitcoin have paper gains only, not realised value.
- solosoyokaze 6y agoHardly what you'd call a "failure".
- lmm 6y agoUncorrelated, I would say. Plenty of failures are valuable as collectibles, at least on paper.
- solosoyokaze 6y agoI think it's clear that "failure" is the wrong word.