other than trying to get the money of suckers, I've never understood the point of bitcoin. no currency, digital or not, can be removed from the world's activities.
why would you ever want something that could plunge 30% in a day? even if it went up 5 billion percent, then what? everyone sells and it goes down? what's the point?
it's like the most zero-sum activity imaginable.
edit: I'm sincerely wondering what the value of bitcoin is, other than things surrounding preserving its value
why would you ever want something that could plunge 30% in a day? even if it went up 5 billion percent, then what? everyone sells and it goes down? what's the point?
it's like the most zero-sum activity imaginable.
edit: I'm sincerely wondering what the value of bitcoin is, other than things surrounding preserving its value