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> Bitcoin takes away resources (energy and semiconductor manufacturing) from socially good things The provision of high-quality money/savings/etc is a social g

• AlexandrB 6y ago
  It is. But what does that have to do with bitcoin? Bitcoin is both volatile and has increasingly expensive transaction costs making it a bad vehicle for steady savings as well as a poor currency.
  • wyager 6y ago
    Obviously millions of people disagree. Volatility is to be expected during the monetization process. Bitcoin transaction fees are lower than CC fees (2.5-3%) on any sizable transaction and lightning brings the fees close to zero.