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Not sure why you expect bitcoin to do "high returns" for everybody, that was never a promise and never a goal. Are you going to argue that stocks are not fair b
by toenail 3y ago
Not sure why you expect bitcoin to do "high returns" for everybody, that was never a promise and never a goal. Are you going to argue that stocks are not fair because you personally didn't buy the stocks with the best returns?
Bitcoin only makes one relevant promise: There will only be 21 million. And that means that the people who are born poor get a chance at building wealth by not having the government constantly reduce the value of their money. Bitcoin is an escape from the system that keeps people poor.
- kjkjadksj 3y agoYou could say as much for beanie babies too. They will be limited so therefore valuable. Forget a hundred years from now that people might not see any value at all in a plush doll, or some runescape gp, or bitcoin. Meanwhile, something like iron or gold has held value for all of human history.
- toenail 3y agoScarcity alone does not make something valuable, things that are useful have value. Happy to clear that up.