purplecabbage77
purplecabbage77 on Hacker News
[1] - https://www.electrospaces.net/2023/09/some-new-snippets-from...
[2] - https://pure.tue.nl/ws/portalfiles/portal/197416841/20220325...
Unlike eBay, with Bitcoin I can transact nearly instantly and without going through any middle men like PayPal and the like. This is huge.
I can also store 1bitcoin and 1million bitcoin on the same USB drive, and know that also unlike beanie babies, they won't deteriorate at all ever.
Imagine if you could exchange Beanie Babies with anyone in the world with an internet (or satellite) connection. That seems...at least a little more useful?
I'm not saying there aren't plenty of pump and dump shitcoins out there, or that FIL is deserving of its current price, but I don't think it's fair to call it a "pump and dump shitcoin" :-)