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It isn't "used" by ~100 million "users", it is speculated on by ~100 million speculators. You could literally create a derivative contract unlinked to any asset
by sanderjd 6y ago
It isn't "used" by ~100 million "users", it is speculated on by ~100 million speculators. You could literally create a derivative contract unlinked to any asset, and "use" it in the same way, if you could market it. So yes, it has been a marketing success, but not a technological one.
- washedup 6y agoIt's speculated on by everyone, yourself included. How can you not define people who hold or spend or trade bitcoin as users?
- sanderjd 6y agoThat's a silly way to think about speculation. I'm not speculating on where the ball is going to land on some arbitrary roulette table at an arbitrary casino in Vegas; I'm just not playing the game. The people who spend it are users, but the people who hold and trade it are just speculators. I'm not a user of the target retirement fund in my 401k, I'm just speculating that it's a well balanced way to grow retirement funds.