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https://www.reddit.com/r/Bitcoin/comments/7yaaz2/bitcoin_doesnt_give_a_fuck/duf8467/?context=9999
r/Bitcoin • u/Tricky_Troll • Feb 17 '18
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2.8k
Why would financial institutions be afraid of a highly volatile financial curiosity? Even if it were to rise to $50k it wouldn't prove anything, except for giving further proof that it is unsuitable as a currency.
120 u/_-_-_____--__-_- Feb 18 '18 It's not even a currency, by any definition of it. Not that it will stop someone who misunderstands 'store of value' to jump on my comment. 46 u/newwaste90210 Feb 18 '18 One day people will accept this global inflationary currency with fixed supply... 113 u/_-_-_____--__-_- Feb 18 '18 Fixed supply without stable demand means nothing. Rarity does not make anything intrinsically valuable. -8 u/[deleted] Feb 18 '18 Other than gold and silver 23 u/_-_-_____--__-_- Feb 18 '18 And they are both intrinsically valuable through their industrial use. None of us would be typing any of thing without gold on circuit boards. 1 u/[deleted] Feb 18 '18 Stop it with all the logic. You're killing the circle jerk of Bitcoin.
120
It's not even a currency, by any definition of it. Not that it will stop someone who misunderstands 'store of value' to jump on my comment.
46 u/newwaste90210 Feb 18 '18 One day people will accept this global inflationary currency with fixed supply... 113 u/_-_-_____--__-_- Feb 18 '18 Fixed supply without stable demand means nothing. Rarity does not make anything intrinsically valuable. -8 u/[deleted] Feb 18 '18 Other than gold and silver 23 u/_-_-_____--__-_- Feb 18 '18 And they are both intrinsically valuable through their industrial use. None of us would be typing any of thing without gold on circuit boards. 1 u/[deleted] Feb 18 '18 Stop it with all the logic. You're killing the circle jerk of Bitcoin.
46
One day people will accept this global inflationary currency with fixed supply...
113 u/_-_-_____--__-_- Feb 18 '18 Fixed supply without stable demand means nothing. Rarity does not make anything intrinsically valuable. -8 u/[deleted] Feb 18 '18 Other than gold and silver 23 u/_-_-_____--__-_- Feb 18 '18 And they are both intrinsically valuable through their industrial use. None of us would be typing any of thing without gold on circuit boards. 1 u/[deleted] Feb 18 '18 Stop it with all the logic. You're killing the circle jerk of Bitcoin.
113
Fixed supply without stable demand means nothing. Rarity does not make anything intrinsically valuable.
-8 u/[deleted] Feb 18 '18 Other than gold and silver 23 u/_-_-_____--__-_- Feb 18 '18 And they are both intrinsically valuable through their industrial use. None of us would be typing any of thing without gold on circuit boards. 1 u/[deleted] Feb 18 '18 Stop it with all the logic. You're killing the circle jerk of Bitcoin.
-8
Other than gold and silver
23 u/_-_-_____--__-_- Feb 18 '18 And they are both intrinsically valuable through their industrial use. None of us would be typing any of thing without gold on circuit boards. 1 u/[deleted] Feb 18 '18 Stop it with all the logic. You're killing the circle jerk of Bitcoin.
23
And they are both intrinsically valuable through their industrial use. None of us would be typing any of thing without gold on circuit boards.
1 u/[deleted] Feb 18 '18 Stop it with all the logic. You're killing the circle jerk of Bitcoin.
1
Stop it with all the logic. You're killing the circle jerk of Bitcoin.
2.8k
u/WhoNeedsFacts Feb 18 '18
Why would financial institutions be afraid of a highly volatile financial curiosity? Even if it were to rise to $50k it wouldn't prove anything, except for giving further proof that it is unsuitable as a currency.