Quote:
Originally Posted by Wayne 962
Again, the comparison to gold is a distraction from the discussion - this isn't a discussion about gold nor a comparison between the two.
Bitcoin has very little utility for 99.99% of the world's population (drug dealers and sex traffickers aside). If you've used Bitcoin to pay for (legal) stuff, then I'm just guessing that you're in the very, very small minority.
Just curious - what have you actually bought with Bitcoin and was that transaction within the past 12-24 months? Oh, and using an exchange like Coinbase for trading with other people with a Coinbase account doesn't count - that's the same thing as PayPal for Bitcoin - one is not actually "using" Bitcoin at that point, they are basically just trading "Coinbase credits" based upon the value of Bitcoin as an index - much like one's "funds" at PayPal aren't dollars and they don't really exist (one reason I don't leave any funds on account at PayPal).
-Wayne
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I've already shared a site with a large map of places that accept bitcoin, from normal everyday goods to concert and pro sports tickets. I have bought a watch pier to pier in the last month. You seem to just want to have blinders on, and keep your world view. Literally millions of dollars every day in bitcoin, pier to pier, NO FIAT, is used by regular citizens in Venezuela as their hyperinflation problem is ruining their lives. Yet you keep ignoring these things, or dismiss them as sex and drug traffickers in the 0.01%. lol There is no way you will ever change your mind on this it is clear. Have you looked into ANY of the other 1000s of cryptocurrencies that are being used by real companies including partnerships with federal governments, the UN, Google, IBM, Walmart, Microsoft, MIT ect? This is a new asset class which is rare, and dismissing it doesn't make it go away.