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by Swenrekcah
1924 days ago
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It is sticking your head in the sand to write off all the criticisim as coming from salty losers late to the game. In my opinion Bitcoin is the modern day tulip. It has no real value (note Bitcoin is not blockchain, which is a useful technology), uses tremendous amounts of real world resources and is in a massive bubble and will eventually burst leaving us all worse off. Sure, some will and have prospered, but there is net loss of value for society. This is all independent of whether one is peronally invested. I don't happen to own Bitcoin, but I do own shares of some companies that I actually want to see fail. But it is a sort of a hedge. |
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