3 ms·
Bitcoin used to be a currency, now it's nothing more than a speculative asset. Are "the many" being served by that?
by skohan 5y ago
Bitcoin used to be a currency, now it's nothing more than a speculative asset. Are "the many" being served by that?
- atweiden 5y agoAre “the many” being served by USD inflation rn? And can you name a cryptocurrency which is anything other than a speculative store of value, and not something whose market cap is based on drum beating over social media?
- skohan 5y ago> Are “the many” being served by USD inflation rn? That's a nice false equivalency, but I can go to the store and buy bread with USD. Where can I do that with cryptocurrency? > And can you name a cryptocurrency which is anything other than a speculative store of value, and not something whose market cap is based on drum beating over social media? Yes! Bitcoin circa 2014