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I have nothing to do with bitcoin but I love how you all have been objectively wrong about it for over half a decade now.
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Oct 24, 2017 15:22
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FogHelmut posted:What do I do with it now? Exchange it for real money? What then is it's value as a currency and not as an insanely volatile investment commodity? Its 2017. Its insanely easy to exchange it for real money dude.
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Oct 24, 2017 16:34
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Yea the people who used them as their 401ks were kooky but other than that the hate on bitcoins here is just bizzare and must be out of habit at this point.
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Oct 24, 2017 16:41
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There is no endpoint. Just like theres no endpoint to the stockmarket or the "economy". Prices will fluctuate over time just like anything else. If you are being myopic and solely talking about the dollar value well theres a complex answer to that but the rough answer is it will gain value as it gains wider acceptance, which bitcoins have barely begun to penetrate. Socialism is great for advocating for better working conditions but they're objectively wrong about anything economic related.
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Oct 24, 2017 16:44
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FogHelmut posted:its value is entirely predicated on the fact that it may gain value Thats all economic action. gently caress dude its the basis of all human action
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Oct 24, 2017 17:05
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