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island911 island911 is offline
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Join Date: Mar 2001
Location: an island, upper left coast, USA
Posts: 73,167
Pro BTC people point to the upward trending volatility and say; see... so smart to buy. -an investment. But that is not centered on the utility of BTC, or other crypto's.

Is anyone buying BTC for utility? -other than diversification of tulip bulbs.

I mean, it's not like a BTC holder can pay the pizza guy with BTC.

This reminds me of the pyramid schemes of the 80's. All the people who hold a position encouraging the easy money for others, buy in now!

The only thing you are buying is trust that someone else will buy your share of the nothing for more in the future. And buy, paradoxically, with USD.
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Old 04-14-2021, 09:38 PM
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