[8fGTBjZxBcHq]

So yes this is exactly why I hate it so much. Not because I personally didn't get rich from it.

But because we engineered a way to magnify the wealth of the people who need it least, at a huge environmental cost for no reason.

It's like all of the worst tendencies of our society reduced down and maximized.

[capableweb]

> But because we engineered a way to magnify the wealth of the people who need it least

I feel like this is an argument against money, not necessarily cryptocurrencies in general and even less against Bitcoin specifically.

Yes, creating opportunities will lead to people who don't really need it taking advantage of those opportunities. But, it also means that people who really need opportunities can take those too, as it's a open network.

So yes, richer gets richer while the poorer is getting poorer. At least cryptocurrencies are leveling the field a bit, so the the poor has a bigger chance out of poverty. As someone who used to be poor, I welcome the new War In the Status Quo.

[fwiwm2c]

Exactly the type of people I was referring to in my comment. Read the 2015 thread. You would find people who mirror you.

[bostonsre]

So what, you made money off of trading it like a commodity and that makes you correct how exactly? You just brush aside the opposing viewpoints without speaking to them or acknowledging that they have merit. You also don't think it's possible that you don't actually understand what is happening with bitcoin and you got lucky? You don't know what the end state is, no one does. Winning money at roulette doesn't make you a profit that saw into the future.

[estaseuropano]

This is a strangely offensive comment. You stated that all negative commenters are just bitter for having missed out. The other comment said "No, here are my legitimate reasons for not liking bitcoin". You respond claiming that that's just proof s/he is a h8t3r, see 2018 where similar arguments were already made.

Have you considered that there are indeed legitimate reasons not to like bitcoin, like those outlined by the previous commenter?

Or e.g. I think the detachment from the nation state is a dangerous element that will foster a race to the bottom on taxes, environmental standards, etc as capital gets even more mobile and untraceable than before. A small crowd gets the benefits and many many miss out with underfunded schools and healthcare...

[8fGTBjZxBcHq]

I mean I've had this opinion since 2010 we've always been here.