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You wouldn't hold bitcoin if you're not interested in currency speculation. I'm arguing that despite likely wide swings in the value of bitcoin, it's value as
by klochner 14y ago
You wouldn't hold bitcoin if you're not interested in currency speculation.
I'm arguing that despite likely wide swings in the value of bitcoin, it's value as an anonymous transaction currency will prevent it from going extinct.
People hoard it, driving the price to $10,000 and driving speculators to tears of joy, still people can make quick transactions in fractional bitcoin. It goes bust and the value dives to $10, yet the people using it for transactions could care less.
- flyinRyan 14y agoIf they transfer $500 over to buy some computer hardware parts on newegg but can only get a mouse pad by the time the transaction takes I think they'll care less. BTW, it's "could not care less" as in "I could not possibly care less than I actually do". If you could care less that would mean that you do care. Sorry, personal pet peeve.
- DanBC 14y ago> BTW, it's "could not care less" Oxford recognises "could care less" to mean "couldn't care less". "I couldn't care less" is pretty new, first seen in mid 20th century. "I could care less" is newer, but has been in use since at least 1969. This page has some interesting talk about Yiddish stress patterns. When you think about it you can imagine someone saying, sarcastically, with palms up and arms spread, "I could care less", meaning "As if there's anything in the world I could care less about". (http://www.worldwidewords.org/qa/qa-ico1.htm http://www.worldwidewords.org/qa/qa-ico1.htm)