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Hate to blow up your logic but Bitcoin is made up of 100k+ lines of code that took time and a process to form into a blockchain, and has several practical uses.
by ianhvr 4y ago
Hate to blow up your logic but Bitcoin is made up of 100k+ lines of code that took time and a process to form into a blockchain, and has several practical uses.
- thunky 4y agoI've personally written thousands of lines of code that does (or did) something yet is currently worthless.
- ianhvr 4y agoyes, proving my point. your worthless code does not have millions of users and developers building on top of your platform.
- thunky 4y agoEven if it did it would still be worthless. Value isn't created by destroying time and energy.
- ianhvr 4y agocan you show me a product with roughly 200 million users and 200k daily transactions that has a value of $0 to back up your logic?
- thunky 4y agoYes: NFTs Less than a year ago NFTs had about as many daily transactions. Since then volume is down 97%+ and prices have collapsed, well on their way to the correct value of $0. IMO bitcoin will go the same way. The market is just more entrenched in bitcoin mania so it's happening more slowly.