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re: Why are so many ppl still hung up on the “non-physicality” or “non-productivity” of BTC?

Posted on 3/5/24 at 12:21 am to
Posted by The Baker
This is fine.
Member since Dec 2011
16302 posts
Posted on 3/5/24 at 12:21 am to
They choose not to, these are old grudges of some kind. They care more about being “right” eventually than having a open mind.

Every attack I see on here is literally repeated verbatim from jamie dimon, bill gates, or munger. No one thinks critically for themselves.

The problem is they may never end up being right, and lose out on some highly innovative financial instruments.

Ultima paradox, for example, has never evolved past “it has no utility” for years…citing gold’s use case in coating electronic circuits. Which is so negligible for it’s actual value that Its laughable. Gold has been used for 1000’s of years for another reason….

Repeating incorrectly, over and over again, “no utility” doesnt sway anyone… what specific utility are you actually hoping to see? I never hear the answer.
This post was edited on 3/5/24 at 12:27 am
Posted by The Baker
This is fine.
Member since Dec 2011
16302 posts
Posted on 3/5/24 at 12:35 am to
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
5710 posts
Posted on 3/5/24 at 6:30 am to
You sound like you’re selling a time share in this thread. Seems like you’re taking it personal that some people prefer to not get involved in bitcoin. You reference that it’s up 13000% in 10 years which isn’t particularly helpful at todays price. That growth isn’t historically sustainable. NVDA is up somewhere in that realm also. I wouldn’t buy at todays price expecting that same linear growth 10 years from now.

Hope you do well with your bitcoin. I’m personally just not interested in gambling in speculation on it.
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