For now he is right, but soon when several platforms are launched in which the cryptos have more acceptance and movement he will be seen as an idiot who lost the tram of history.
For now he is right...
the double think here is astounding.
he sounds scared shitless, would actually buy more btc if I could
Gee and all these guys and banks and what not were sure right about the economy being at its highest stability back in 2007!
Television: Just a fad.
Computers: Never going to achieve mass adoption due to size.
Internet: For nerds.
De facto currency of worldwide shadow economy: Just a fad or even a pyramid scheme.
Right. As long as bitcoin (and to a certain extent Monero) remain the inofficial currency of the darkweb, it is backed by a market that even surpasses that of the US dollar.
You're a walking anachronism, old man.
Hahahaha
You think the federal government will let people use bitcoin as money? Maybe if only a few small vendors use it, but if it gets even remotely popular the feds will pass a law making sure crypto cant be used as payment thats like letting people in the U.S. use the Euro ffs.
lots of coiner delusion ITT
I wonder at what point you'll panic sell when this crashes
Well he's right as far as most cryptocurrencies being garbage. BTC and a few others actually have value as a medium of exchange.
>survivorship bias
for every invention you listed there were 50 that were massive bubbles and or crashed and burned
I agree with most being garbage, but far from all strive to only be used as a means of exchange.
Failing too see the real world application of blockchain technology for things other than to act as currency is a sign of not even having a basic grasp of it.