Bye-bye, Bitcoin: It's time to ban cryptocurrencies

Re:Bye-bye, Bitcoin: It's time to ban cryptocurrencies by snejad123 on Monday July 26, 2021 @03:06PM (#27963834)

Bitcoin does a lot. A store of value that hedges against government inflation is by definition a valuable service.

I don't understand why everyone is looking for a swiss-army knife like application from BTC. The value has already been proven in the marketplace, hence why everyone is buying it.

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Re:Bye-bye, Bitcoin: It's time to ban cryptocurrencies by opheliate on Monday July 26, 2021 @03:24PM (#27964117)

I'm sure everyone who bought bitcoin at >$50,000 would have something to say about whether its utility as a "store of value" has been proven in the marketplace.

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Re:Bye-bye, Bitcoin: It's time to ban cryptocurrencies by snejad123 on Monday July 26, 2021 @03:34PM (#27964264)

They will in 5 years when it's worth 2x that.

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Re:Bye-bye, Bitcoin: It's time to ban cryptocurrencies by opheliate on Monday July 26, 2021 @03:47PM (#27964450)

So it's actually a speculative instrument then?

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