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> Here's a KPI: do you find it useful for something other than the fact that the price might go up? I don't personally, I don't use or own it anymore. Could yo

> Here's a KPI: do you find it useful for something other than the fact that the price might go up? I don't personally, I don't use or own it anymore. Could you explain more about your uses? > I know I do, for a fairly large number of reasons, many of which revolve around "protecting value". Protecting value seems (without knowing more) to imply a circular reasoning: the price going up protects the value of the token, that's why it's useful. But that's a speculative reason, no different from the price of a tulip bulb going up, has value because it protects the value of a tulip bulb. I'm almost certainly misreading you but I'm just speculating as you haven't expanded on the large number of reasons you mentioned.

ur-whale 5y ago
> "protecting value". Protecting value as in: other people can't take it from me short of physically torturing me. And that'd be assuming they even know I hold any. Also: I can donate it to whomever / whatever cause I want, whenever I want without anyone, any law or any government being able to prevent me from doing that. Also: I could be rich, I could be poor, no one knows, even folks in my close social network. My net worth is my business and mine only. Things only become visible when I actually decide to use some of it in the economy. Bitcoin allows me to do all of the above. Very few other assets do. I consider this very "useful". The price appreciation, as I said, is just "nice to have".
- stnmtn 5y ago
  As far as I can tell, everything you described (Maybe with the exception of donations) is the exact same as a bank account you don't tell anyone about. Do banks really start to bother you if you have multi-millions in there or something?
  - ur-whale 5y ago
    > the exact same as a bank account you don't tell anyone about. You clearly have never been on the business end of law enforcement gone wrong.
  - deleted 5y ago
    [deleted]

ur-whale 5y ago

> "protecting value". Protecting value as in: other people can't take it from me short of physically torturing me. And that'd be assuming they even know I hold any. Also: I can donate it to whomever / whatever cause I want, whenever I want without anyone, any law or any government being able to prevent me from doing that. Also: I could be rich, I could be poor, no one knows, even folks in my close social network. My net worth is my business and mine only. Things only become visible when I actually decide to use some of it in the economy. Bitcoin allows me to do all of the above. Very few other assets do. I consider this very "useful". The price appreciation, as I said, is just "nice to have".

stnmtn 5y ago
As far as I can tell, everything you described (Maybe with the exception of donations) is the exact same as a bank account you don't tell anyone about. Do banks really start to bother you if you have multi-millions in there or something?
- ur-whale 5y ago
  > the exact same as a bank account you don't tell anyone about. You clearly have never been on the business end of law enforcement gone wrong.
- deleted 5y ago
  [deleted]