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"People use lots of bitcoins on silk road every day with no interest in speculation. Bitcoins are a real currency with value backed by the interest in silk road
by illuminate 14y ago
"People use lots of bitcoins on silk road every day with no interest in speculation. Bitcoins are a real currency with value backed by the interest in silk road products."
The existence of some people who use bitcoins as they are intended does not change that goldbugs, speculators, and others are legitimately affecting the currency as capitalism not only allows for, but ENCOURAGES. This is not glib. This is reality.
- LyndsySimon 14y agoI'm very interested in Bitcoin, and advocate for it as best I can. I don't think you'll find anyone really who disagrees with you in the Bitcoin community. Most of us see that as a feature, not a bug.
- illuminate 14y agoSure, I just don't see how observing these patterns is "glib". It's not the "point" of Bitcoin, but certainly common.