News for hackers. Stuff that matters.
Re:Bitcoin Gets Close to $5,000 by MicroBerto on Friday September 01, 2017 @11:19PM (#15154042)
It's because I can't use it to do business with anyone in my market, I can't buy anything I want with it, it's volatile, and it's an absurd waste of energy.

Enjoy the run, but sell at the right times because ultimately it will end in some form of tragedy.

Re:Bitcoin Gets Close to $5,000 by srge on Saturday September 02, 2017 @09:35AM (#15155898)
You can buy everything you want with the US dollar but given the abyssal debt of the US government, one could think it will also end in tragedy.
Re:Bitcoin Gets Close to $5,000 by rizalp on Saturday September 02, 2017 @07:50PM (#15158893)
Only if the US lost its Political Power. Currently the USD still holds its value because OPEC standardize on using it for the Oil Currency (Petrodollar), and early aggressive lending to the third world country with USD.

When electric cars become mainstream, I expect there will be a turmoil in the USD