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Same tired old talking points, nothing new here. It would be nice to get an explanation of why people care so much, if it's so stupid. You don't see that many articles titled "my opinion on Tupperware", or "why I'm not a scientologist", or "why I won't buy Kanye West's new sneakers". At this point I find it hard to believe it's just hype-backlash that's triggering so many people.



Your response is as rhetoric as the rhetoric opinions you are mocking.

It is not trivial to think that a $600B asset that cannot be touched or used to buy daily groceries for majority of population is "useful" or taken seriously. This has never happened in our history, people will take time to adjust.

Also, some of the questions being raised are absolutely worth listening to and responding by either an explanation or changing the blockchain logic. High energy consumption, taxation, inflationary vs deflationary crypto, block sizes, abysmal transacction rates, Central bank crypto, moving BTC on Ethereum, etc are all questions worth thinking about.


Blockchain topics have become a proxy war for Keynes/Hayek poorly framed as a technical discussion. I think most people who are passionately against crypto hold that view for non-technical reasons and more related to monetary policy. Which is valid, but suckers like me used to think questions like yours were posted in good-faith. I'd answer questions such as upgrades to PoW/PoS, TX rate limitations, side-chains, multi-sig, etc. After enough down-votes for factual answers you realize it was never about the technology.


Indeed.

It's about the money.


It's always nocoiners who write these articles. I really respect Elon Musk, as he can admit that he was wrong and just buy some BTC instead of trying to look down on early adopters.


Do you remember the online creationism debates in the early 2000s? A lot of people just legitimately find these kinds of arguments to be a fun recreational activity.


> why people care so much

For the same reasons real-estate speculators care so much about real-estate.

Bitcoin might be interesting from a tech perspective, but it makes zero sense as a financial instrument. My main problem with it is the arbitrarily limited supply which doesn’t scale to adjust for a growing economy or wider adoption. Also, I don’t care for having to work with values like 0.00001 BTC.




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