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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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49771524 No.49771524 [Reply] [Original]

> Created as a payment method
> 2022 - still slow and expensive
> Still not accepted as payment
> OK, only in some bumfuck meme country

As long it doesn't fulfill it's basic function it's a modern day tulip or beanie babies bubble

>> No.49771589
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49771589

I loved high quality beanie babies so fucking much bros
why'd they have to do it to 'em
;_;

>> No.49771592

>p2p payment without financial institution
It does that.
You've conflated p2p transfers with main stream acceptance and fiat replacement
>XD

>> No.49771613

>>49771524
>n-noooo u bobo faggot will never make me sell! d-diamond hands right guys, guys??
>ACK!

>> No.49771702

>>49771524
I wish I could be like bobo. Accepting every strawman possible against crypto because he missed out on easy money on a new class of asset
>But muhhh shorts
Irrelevant as the players leave the market. Once we bottom out, your shorts are as useless as the fiat they redeem.

>> No.49771734

the internet is just a passing fad

>> No.49771738
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49771738

seriously just look at this thing
if you don't immediately think "best thing in the world" you have no soul

>> No.49772233

>>49771613
based

>> No.49772277

>>49771738
That's pretty cute, not gonna lie

>> No.49772326

>>49771592

yeah, no one cares. you still can't buy cars or groceries with it.

>> No.49772330

>>49771524
LTC wins yet again

>> No.49772360

>>49771734

it made our lives easier. unlike cryptoponzi

>> No.49772384
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49772384

>>49772277
checked

>> No.49772597

More than ten years after its creation:
- has not seen widespread or even modest adoption as a currency
- less efficient payment processing than credit cards
- has not been a reliable store of value, is susceptible to traditional market trends
- blockchain is less private than ordinary banking
- crypto as a whole is plagued by phishing and scams
- exchanges going bankrupt every other month

Tell me, why would Bitcoin's price start going back up again? Why would it be able to sustain an upwards trajectory on long term?