shunders

Hardly anyone is capable of drawing meaningful conclusions from comparing specs and functionality between computers. Advertisements are the way the vast majority of people understand what products can do. There's a reason iPhone commercials focus exclusively on some single, insignificant functionality like a facial recognition emoji generator.

> "I do believe it will go to zero. I think it's a great technology but I don't believe it's a currency. It's not based on anything," Jeff Schumacher, founder of BCG Digital Ventures, said during a CNBC-hosted panel in Davos, Switzerland.

I can't believe we are still arguing these incredibly rudimentary points. Let alone that these quotes still get press coverage. Really, you're talking about cryptocurrency on a panel at Davos and you still haven't taken the time to reflect upon the nature of money?

What does "It's not based on anything" even mean? What is a dollar "based on"?

How is a Wall Street firm taking fees any different from a casino taking a rake?