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Message Subject Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates
Poster Handle Anonymous Coward
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yep and those sea shells were physical and probably still are there. Again, bitcoin has NO PHYSICAL EQUIVALENT AT ALL.

Bitcoin is like you going back to the sea shells barter time and telling the seashell seller that you take 5 seashells for NOTHING. If the seashell seller might have a strange kind of humor, he'd probably give you those 5 seashells cause he recognizes that you've used a lot of thinking-energy to come up with that scam.
 Quoting: Anonymous Coward 79144438


I'm trying to follow your logic... Are you saying that your argument here carries ZERO WEIGHT to us because you didn't physically print it out on page and bind it into a book?

Guys, it's simple. Sea shells, tally sticks, interesting rocks, etc, have been used as a medium of exchange in our civilization because we trusted it's scarcity and it's ability to hold value over time. Based on this, one can work and perform a service or produce a good and exchange it with others using a fungible form of exchange. OK, maybe it's not simple... Please do your own research.

Bitcoin has the same qualities as above. That was it's purpose and it's been running for 12 years long. It's a form of digital scarcity with a billion dollar network running under the hood.
 Quoting: Anonymous Coward 79355755


They think seashells are somehow better than a trustless distributed ledger. They need to be able to see stuff. Low IQ people need to be able to visualize something.

It reminds me of the discussions about African languages and their inability to understand abstract concepts and didn't even have them in their language. They didn't even account for something like "trust" or the future. These people who shit on crypto remind me of that. They have no capacity for abstract thought and so they can't see the value of the ledger.
 
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