Re:Bitcoin not for me, says Bill Gates
by packetlost on Friday February 26, 2021 @10:37AM
(#26275801)
Why the hell would you want a store of value that's perceived "value" fluctuates so much?
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Re:Bitcoin not for me, says Bill Gates
by splintercell on Friday February 26, 2021 @03:19PM
(#26279415)
Why would you join the website when it has no members and its whole value proposition is that with a lot of members it would be very useful?
Blockchain is currently being bootstrapped, but it's been criticized for not already having been bootstrapped.
Re:Bitcoin not for me, says Bill Gates
by packetlost on Friday February 26, 2021 @03:34PM
(#26279548)
Bitcoin is over 12 years old. It's not being bootstraped. It's instability is inherent to the fact that it's value is based entirely on speculation
Re:Bitcoin not for me, says Bill Gates
by splintercell on Sunday February 28, 2021 @06:17PM
(#26298048)
> Bitcoin is over 12 years old. It's not being bootstraped.
That's just your (incorrect) opinion. Bitcoin's price discovery is clearly not done.
Even if you thought it is nothing but a complete scam, well then its true value is zero, and since it hasn't reached that, its price discovery is still going on.