[janoside]

As a tech enthusiast on a forum heavily populated by people interested in disrupting aspects of the world through technology, you are missing a big, big boat here. And I'm not even referring to the possible investment opportunity - rather just the opportunity to watch with open eyes as some of the foundational facets of human society are disrupted. I find the anti-BTC tone of the discussion here very disappointing but also very interesting (I can't figure it out except through intellectual arrogance).

I offer the perspective: you hold a set of deeply held assumptions that are being actively questioned and poked at by this technology. The level of your reasoning is not up to the task of understanding what happens, even long after the disruption has happened. I recommend investing in education on this topic.

A recent podcast episode worth listening to: https://www.whatbitcoindid.com/podcast/what-is-bitcoin

[rossjudson]

The consequences of bitcoin have not been sufficiently questioned and poked at. Society allows the exchange of bitcoin for real currency. Bitcoin enthusiasts (at least until they are victimized) view the scams, crimes, and damage enabled by Bitcoin as externalized costs (borne by those who are "not up to the task of understanding", which is generally not something you should write immediately after complaining about "intellectual arrogance").

The cost of a Bitcoin speculator's "freedom" is paid by others. Real currency and banking systems actively try to prevent fraud and crime. Bitcoin is...whatever the exact opposite of that is. It exists only to be itself -- provably so.