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Re:Attack of the 50 foot Blockchain (2017) by lambdaba on Wednesday July 14, 2021 @09:51AM (#27832986)
Not true. I've used bitcoin for purchases before (not illegal drugs). From sellers who were dropped from payment processors for CYA-type reasons.

Yes, a big part is speculation but how could it not be? Any bet on the future is speculation. Apologies if your argument is actually more subtle, in which case I'd like to hear it.

Re:Attack of the 50 foot Blockchain (2017) by simonw on Wednesday July 14, 2021 @11:11AM (#27833947)
Have you bought anything with Bitcoin in the past couple of years despite the high transaction fees? What did you buy?
Re:Attack of the 50 foot Blockchain (2017) by endisneigh on Wednesday July 14, 2021 @09:58AM (#27833052)
> Any bet on the future is speculation

This is not true. Speculation is specifically referring to the situation where you are betting specifically because you think the bet you made will result in positive financial return.