> Bitcoin has existed for ten years and hasn't let anybody do anything yet ..
Bitcoin created a scarce digital good, modeled after gold in many ways, that promised a sound money for the internet, digital cash, a reserve currency powered by proof of work. A currency that unlike fiat, could never be debased no matter how tempting it might be for a politician. I could see how one might not value these things as an individual but I think it's a bit much to boldly claim that "it hasn't let anybody do anything yet."
After all, it's made many people rich, particularly those curious souls who went down the rabbit hole to investigate it early and were therefore rewarded. Growing wealth, providing a savings vehicle that beats inflation over time, or making the owner rich - are all valuable outcomes for a new technology designed to offer a new type of monetary asset.
Bitcoin is incorruptible money with a fixed and predictable inflation rate and monetary policy that cannot be manipulated by any politician or central bank - no matter how tempting it may be. There is value in that, even if not everyone can see it.
Bitcoin created a scarce digital good, modeled after gold in many ways, that promised a sound money for the internet, digital cash, a reserve currency powered by proof of work. A currency that unlike fiat, could never be debased no matter how tempting it might be for a politician. I could see how one might not value these things as an individual but I think it's a bit much to boldly claim that "it hasn't let anybody do anything yet."
After all, it's made many people rich, particularly those curious souls who went down the rabbit hole to investigate it early and were therefore rewarded. Growing wealth, providing a savings vehicle that beats inflation over time, or making the owner rich - are all valuable outcomes for a new technology designed to offer a new type of monetary asset.
Bitcoin is incorruptible money with a fixed and predictable inflation rate and monetary policy that cannot be manipulated by any politician or central bank - no matter how tempting it may be. There is value in that, even if not everyone can see it.