Quote:
Originally Posted by edgeprod
I'd argue that it shouldn't. Bitcoin hasn't proven that it's a viable transactional vehicle. Dogecoin, a joke meme "currency", is seeing better transactional use than Bitcoin, which is held predominantly by speculators and idealists. That should say something right there.
My bet is that currency is NOT the "killer app" for the Bitcoin system. It will likely be adapted to an unforeseen usage similar to the talk about patent/copyright timestamping, etc.
The price is so inflated right now in the current bubble that if anything, we'll see vendors soon NOT taking BTC who previously took it, which should shake investor confidence (rightfully or not) and cause a tumbling of the price medium-term.
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I can go along with that, seems to make sense. You at least have the ability to discuss it with an open mind and can admit the risks.
Quote:
Originally Posted by jscott
Great news. These big online companies are smarter than 99% of gfy'ers, they know what they're doing  |
unlike this shill...