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> Bitcoin was meant to be a world-currency not tied to one government. And yet the dumbest thing you could have done in 2009 is make a Bitcoin transaction. Peo
by asdajksah2123 4y ago
> Bitcoin was meant to be a world-currency not tied to one government.
And yet the dumbest thing you could have done in 2009 is make a Bitcoin transaction. People who used their bitcoins for buying pizza ended up paying a mansion's worth of money for extra pepperoni.
If the goal of Bitcoin was to be a currency it's a terrible one at that.
- yucky 4y agoOr those early transactions are the only reason it ever grew into the behemoth it became. So if you were an early adopter, spending a little to make the rest of your stash valuable could be seen as an investment. If the guy didn't buy the pizza, then maybe Bitcoin never takes off. That being said, I've never thought it would work well as a currency. I do like Ethereum due to its digital utility though.
- jazzyjackson 4y agoIf your goal is to have a pizza and not speculate on future value of internet-money, transacting with bitcoin is not a stupid thing to do
- freejazz 4y agoIt is because you'd still have a lot more pizza. So unless you were starving, there really isn't a good reason.
- bubblematrix 4y agoI think you read one story about a pizza and really clung to it.