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> It's all obvious in retrospect... isn't it? Not sure. In fact, I invested in bitcoin some 8 years ago, just like Brian Armstrong I was optimistic about bitco
by IkmoIkmo 6y ago
> It's all obvious in retrospect... isn't it?
Not sure. In fact, I invested in bitcoin some 8 years ago, just like Brian Armstrong I was optimistic about bitcoin not as a popular speculative eccentric store of value, but as the standard for digital money that would drive substantial portions of global finance.
That hasn't materialised at all. If I could see the number of merchants accepting bitcoin and their effective average turnover paid in bitcoin, the number of business to business transactions in bitcoin, the amount of loans being issued in bitcoin, remittance etc, 13 years after launch, today... I'd certainly not have invested in bitcoin or Coinbase, in retrospect, with the information today.
That's the crazy thing, and even with this new attention, I still haven't seen anything exciting around the corner. All price increases are now purely speculative, instead of changes in functionality or use.