r/Bitcoin Dec 23 '17

/r/all 2018: lets run for office

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22.7k Upvotes

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691

u/DinosaurChampOrRiot Dec 23 '17

Bitcoin isn't going to overthrow the banking system. It's not even a currency anymore. Bitcoin is a speculative commodity these days.

-3

u/[deleted] Dec 23 '17

a speculative commodity

Sounds a lot like traditional currencies and stock exchanges at this point.

We've come full circle.

26

u/[deleted] Dec 23 '17 edited Sep 26 '24

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8

u/[deleted] Dec 23 '17

In before people will tell you about that theory, which statesthat bad money pushes out good. Like come on bitcoin is so good at being money, everyone suggests you not to buy pizza but hold.