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Bitcoin seems to be more like payment method than currency.
by c1oder 14y ago
Bitcoin seems to be more like payment method than currency.
- wmf 14y agoBut when judged as a payment method it has such poor usability that it seems pointless.
- jff 14y agoIf you point out that it has poor usability for payment, well, it's actually a way to store your wealth. If you point out that the volatility makes it a bad idea there, well, it's actually a vehicle for speculation. Why would you speculate on randomly-generated numbers? Well, because it's so good for payment... or keeping your money away from the government... or... crap.
- c1oder 14y agoBitcoin fills a niche that other payment methods can't. IMHO, that's the only value in it. Bitcoin enthusiasts just have too high expectations for it.