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You do realize that people heavily speculate on the price of dollars, stocks, real estate, etc., don't you? ;-) In all seriousness, we do understand what you a

by krupan 3y ago

You do realize that people heavily speculate on the price of dollars, stocks, real estate, etc., don't you? ;-) In all seriousness, we do understand what you are saying, bitcoin's price relative to the things you want to buy does fluctuate pretty heavily right now because it is still very much in the early adoption phase. But eventually that will even out.

__loam 3y ago
I don't think you can call something early adoption if it's been around for 15 years. The iPhone had been around for about the same amount of time and it's a mature platform. The "it's early" argument is really only peddled by people who seem to have an interest in bitcoin's value increasing.
- krupan 3y ago
  The temptation for sarcasm here is so high...15 whole years huh? This isn't a JavaScript framework we are talking about here. A secure and reliable financial system has very different properties than a consumer product like an iPhone. You do know the Internet got started in the 1960's, right? And didn't really take off until 30 years later?
  - __loam 3y ago
    Bitcoin has had plenty of time to see widespread adoption. Its numerous flaws have become apparent and the ecosystem is so infested with scams and get rich quick bullshit. Good luck!
    - krupan 3y ago
      Saying bitcoin has had plenty of time is laughable. Do you think anyone said that about the internet in 1985 maybe? When you start talking about scams and get rich quick schemes are unfairly grouping all of "crypto" with bitcoin. Bitcoin has been used in some of the schemes, but always with some other "coin" and false promises in conjunction with bitcoin. People that have stuck with plain vanilla bitcoin have not been scammed.
dukeyukey 3y ago
> You do realize that people heavily speculate on the price of dollars, stocks, real estate, etc., don't you? ;-) The supermarket doesn't let me use stocks or houses to buy milk and bread, and fortunately I live in a stable enough country that currency fluctuations are fairly minimal. Compared to Bitcoin it may as well not move at all!

by krupan 3y ago

__loam 3y ago

I don't think you can call something early adoption if it's been around for 15 years. The iPhone had been around for about the same amount of time and it's a mature platform. The "it's early" argument is really only peddled by people who seem to have an interest in bitcoin's value increasing.

krupan 3y ago
The temptation for sarcasm here is so high...15 whole years huh? This isn't a JavaScript framework we are talking about here. A secure and reliable financial system has very different properties than a consumer product like an iPhone. You do know the Internet got started in the 1960's, right? And didn't really take off until 30 years later?
- __loam 3y ago
  Bitcoin has had plenty of time to see widespread adoption. Its numerous flaws have become apparent and the ecosystem is so infested with scams and get rich quick bullshit. Good luck!
  - krupan 3y ago
    Saying bitcoin has had plenty of time is laughable. Do you think anyone said that about the internet in 1985 maybe? When you start talking about scams and get rich quick schemes are unfairly grouping all of "crypto" with bitcoin. Bitcoin has been used in some of the schemes, but always with some other "coin" and false promises in conjunction with bitcoin. People that have stuck with plain vanilla bitcoin have not been scammed.

dukeyukey 3y ago

> You do realize that people heavily speculate on the price of dollars, stocks, real estate, etc., don't you? ;-) The supermarket doesn't let me use stocks or houses to buy milk and bread, and fortunately I live in a stable enough country that currency fluctuations are fairly minimal. Compared to Bitcoin it may as well not move at all!