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Starting a company has the potential to create something of value for people outside the company, though. Buying some Bitcoin and it increasing in value doesn’t
by tomdell 6y ago
Starting a company has the potential to create something of value for people outside the company, though. Buying some Bitcoin and it increasing in value doesn’t really change anything in the world but the amount of money the person who bought it has. It’s not like Bitcoin use is very widespread or likely ever will be due to its slowness, power inefficiency, and government distaste. Bitcoin goes up in value mostly because more people think they’ll earn money from buying it and it subsequently increasing in value, not because it has become more useful.