[buboard]

we don't really need to have the same discussion ad nauseam . People invest in bitcoin so it must be an investment

[panarky]

> ad nauseam

Exactly.

Every cryptocurrency discussion is an Eternal September [0] that recycles the same, tired, 10-year-old arguments.

Pretty soon some smart guy will pop up to educate us on the Dutch tulip mania of 1637, how Bitcoin isn't "backed" by anything, or how the US dollar is "backed" by taxes and the military.

[0] https://en.wikipedia.org/wiki/Eternal_September

[sagichmal]

People buying Bitcoin aren’t investing just because they think they are.