Quote:
Originally Posted by HippoNipple
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The argument that BTC is a bad investment is one thing but the complete denial that it has worth today is low IQ. It might not have worth tomorrow but today the market says otherwise.
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You are confusing something which is being promoted by the people that are selling it or grabbing a commission on transactions, with actual value.
We've seen this story with the penny stocks in the Wolf of Wall Street.
It is all about creating perceived value, generating income through transactions and commissions, and not giving a fuck about the people that will eventually end up empty-handed after the bubble pops.
I'm sure the technology has value, but people aren't buying the technology, so this means nothing currently.