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It is you who is making my point for me. I agree that the 1M would be better spent on any of those things, rather than rotting away in a refuse site somewhere i
by Sodman 6y ago
It is you who is making my point for me. I agree that the 1M would be better spent on any of those things, rather than rotting away in a refuse site somewhere in MA. My argument was never that BTC is a good investment or even that it's worth the opportunity cost. I was just arguing against the "nothing of value was lost" mentality you have at throwing away all this BTC.
Put another way - If somebody were to buy SNAP stock, it's also a purely speculative investment (no dividends, no votes, etc). I may think this is a poor use of money, but I'm still confident if somebody gave me some SNAP stock I'd convert it into USD instead of just straight up throwing it into a dump somewhere and claiming I didn't miss out on any value.