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> Bitcoin changed from being currency to being store of value. Quite a big change. It's never really been used as either in practice, because of its volatility
by hiq 4y ago
> Bitcoin changed from being currency to being store of value. Quite a big change.
It's never really been used as either in practice, because of its volatility. "Store of value" is a big statement for something that was once at 60kUSD and is now at 20kUSD. It's mostly used because "number goes up".
> plenty of examples
I went through your links, they don't pass the test I mentioned, namely: in practice, you're better off without a blockchain. That's why so many of these are just "ideas" and not actual businesses and never take off, even 10 years in and all the tech being there already.
- ThomPete 4y agoAll businesses are fundamentally "just" ideas that have been executed. You are proving my point exactly. You set up some arbitrary rules that you want reality to comply too and then you make all sorts of claims from that. And some of these I mention ARE already businesses some of them. This is exactly what I knew would happen. "If this is reality I deny reality" is basically what you are saying.