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Nothing new here. This has been known since 2009-ish.
by tantalor 2y ago
Nothing new here. This has been known since 2009-ish.
- superkuh 2y agoYep. Every couple of years "Bitcoin will perish" and then doesn't.
- tromp 2y agoThis article explains how Bitcoin will experience severe problems in 20-40 years, not in a "couple of years".
- lern_too_spel 2y agoCryptobros will play negative sum games with greater fools right up until the collapse, and then the meme stock buyers will jump in to get wiped out as well.
- superkuh 2y agoI don't "invest" in cryptocurrency and never have. I just use it regularly (a couple times per month) to pay for things. For my use case it really doesn't matter what the silly speculators do in their completely off-chain fiat speculation markets.
- tantalor 2y agoAh yes, the totally normal "things" that can only be purchased with bitcoin.
- superkuh 2y agoOnly? I never said that. But I certainly have an easier time paying for my dot com domains, VPS renting, computer hardware from newegg, etc with bitcoin than I do with my mastercard debit card. To answer your implicit (if inaccurate) question Mastercard has literally broken itself (via it's complex out of band anti-fraud implementation) with Newegg and I can't even use it there anymore, I have to use bitcoin. The last thing I bought was a super nefarious vertical 2x monitor stand. But sure, project your own nefarious thoughts onto my behavior if you wish.
- OutOfHere 2y agoIt doesn't negate the legitimacy of the argument in any way. The issue takes time to manifest. Your comment is essentially the same as shitting on climate change for the reason.