Re:How to Kill Bitcoin (Part 2)
by phailhaus on Tuesday March 09, 2021 @01:22PM
(#26401779)
The fact that everyone is still talking about Bitcoin as a commodity that others have "missed out on" shows there's still something huge missing. Nobody is talking about using Bitcoin to pay for goods, it's all about price movements and making profits. It's the ultimate meme stock. But that's not what the dream of Bitcoin is, and as far as I can tell it's failing at what it was meant for.
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Just so sad when I read takes like this from uninformed people.
Bitcoin is NOT about payments. Just stop saying that. Bitcoin is store of value. When you think about Bitcoin the closest analogy is gold. Sure it is more volatile but it is a 10yr old asset. If you look at the long term trend (past 10 yrs), your value only increased.
> bitcoin is not about payments
It is called bit-coin, not bit-gold. The designers of bitcoin intended it to be used for commerce.
[dead]
Please stop perpetuating this tedious flamewar. Crossing into personal attack is particularly not allowed.
https://news.ycombinator.com/newsguidelines.html
Edit: actually you've been breaking the site guidelines so shockingly and so frequently that I've banned this account. If you don't want to be banned, you're welcome to email [email protected] and give us reason to believe that you'll follow the rules in the future. They're here: https://news.ycombinator.com/newsguidelines.html.