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by wolco2 1997 days ago
Are they magic beans or just beans?

A bitcoin address gives you a unique global address decentralizated that funds can be sent to. There is utility to that function.

Using your description the internet is a magic place faeries built that provides no usefulness because it's virtual.
1 comments
arcticbull 1997 days ago
No, Bitcoin provides no value because it's bad at everything it tries to be. It's a bad store of value (-86% swings 3x in the last few years), it's a bad currency (7tx/sec) and it's bad for the environment (as much power consumption as Chile).

The internet provides utility. Bitcoin provides speculation and crime.

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alwillis 1996 days ago
It's a bad store of value (-86% swings 3x in the last few years), it's a bad currency (7tx/sec)

Bitcoin is the best performing asset of the past years compared to stocks, gold, commodities, etc.

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brokenkebab 1997 days ago
He maybe bad at what you believe it tries to be, and still be useful. And hence its price.

>Bitcoin provides speculation and crime.

Everything valuable can become a tool, or a reason for criminal activity.

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