Bitcoin only solves the money problem
There are other areas in life using archaic technology. There is better technology that we can leverage to improve how people interact with bonds, shares, memberships, raise capital, etc. Not taking advantage of these technologies because scammers have also used these technologies is as retarded as the idea that we should ban guns because bad guys use them.
The brain rot from living in an echo chamber is real.
View quoted note →
Login to reply
Replies (6)
Isn't the argument against this opportunity cost in bitcoin terms?
Tokenization has a lot of utility, it's pretty obvious. That doesn't mean one should invest in shitcoins.
Crazy how hard of an idea it is for some people to hold.
Sure, but no one is suggesting that
“Guns have a lot of utility, but that doesn’t mean people should go kill someone”
The argument against something bitcoin doesn’t solve is the opportunity cost in bitcoin terms? That makes no sense.
If I need transportation and I suggest using a car and not a horse, the opportunity cost is not buying bitcoin. Bitcoin doesn’t solve someone’s need to go from A to B.
From an investment standpoint investment in other assets should ideally be measured against bitcoin. Sure utility tokens could be used for many things. I dont think many are arguing against that.
They are tho, most bitcoiners get triggered. Just look at the replies in Jimmy’s posts. NPCs that happen to own bitcoin