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.
Blockchain is currently being bootstrapped, but it's been criticized for not already having been bootstrapped.