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by rspeele 1951 days ago
Bitcoin fans when you complain that transactions are expensive, slow, and always irreversible:

"Bitcoin isn't a replacement for Visa or for your checking account. It's a store of value. It's not for day-to-day purchases."

Bitcoin fans when you complain that Bitcoin is massively wasteful:

"If you compare it to every cost that can be attributed to the existing financial system as a whole, including military spending, it's cheap."

3 comments

Its getting to a point where it can be a component in the Gross Domestic Ignorance calculation.
Also bitcoin fans say all that swimming in millions of dollars the vast amount of people could never get in a lifetime by simply owning bitcion.
Please provide meaningful evidences for these claims?

I might be in a bubble, but it seems my intake of bitcoin information is balanced enough that most things are not this polarized.