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re: Here's why Bitcoin is the future of money

Posted on 5/1/13 at 1:50 pm to
Posted by FloridaMike
Member since Dec 2012
1524 posts
Posted on 5/1/13 at 1:50 pm to
I will never understand bitcoin. It's not tangible or backed with anything remotely tangible. Created to anonymously transfer money, yet not stable enough to do so effectively. I would think many of the original users have stopped using it as much because of the extreme volitilty of it. Most of the people buying and selling bitcoin just seem to be speculators who hope to use it as an investment, both short and long term, when it has lost it's original use and utility value.
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