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Imagine sitting a till for 45 minutes waiting for your transaction to be included in a block so you can pay for your groceries but bitcoin crashes during that time and you have to spend eight times as much bitcoin as you did when you walked in the store.

Imagine being so fucking retarded as to think people will tolerate that and that bitcoin has a future.

Imagine sitting a till for 45 minutes waiting for your transaction to be included in a block so you can pay for your groceries but bitcoin crashes during that time and you have to spend eight times as much bitcoin as you did when you walked in the store. Imagine being so fucking retarded as to think people will tolerate that and that bitcoin has a future.

(post is archived)

[–] 5 pts

It's value lies in the amount of energy it took to mine, just like gold.

[–] 3 pts

It takes a lot of energy to smash a stick into splinters on a rock. It's not the effort that adds value, it is the product.

[–] 1 pt

A censorship resistant bank that you can control yourself. A network that doesn't discriminate based on political or geographic locations.

There's a reason bitcoin went from fractions of a cent to tens of thousands of dollars. Just because you refuse to acknowledge the product doesn't mean it doesn't exist.

[–] 2 pts

ISP can just block bitcoin traffic, at the flip of switch. God, people are just fucking retarded.

Eron's shares were worth millions. You should look up what happened to Eron. There was a reason why Eron was so profitable and it's the same reason why bitcoin is.

[–] 1 pt

because greedy people can always count on the idiocy of others

[–] 0 pt

Ok so what can you do with gold?

[–] 2 pts

Lose it in a boating accident near the burmuda triangle.

[–] 1 pt

Grind it up into flakes and put it into liquor?

[–] 1 pt

Make jewelry or decorations or use it in electronics or many other uses.

[–] 2 pts

except for the part you actually get the gold in the end

[–] 1 pt

There's gold in the graphics cards that mine the bitcoin.

[–] 0 pt

It sits in banks and vaults, where the kikes steal it and print IOU cards and promise to give you that gold one day.

[–] 1 pt

i have mine in my safe

[–] 1 pt

Only difference is one has something to show for the work.

[–] 0 pt

All the real estate and hardware purchased and the market manipulation on graphics cards not something tangible bitcoin has to show for it's work?