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Reason: None provided.

"Crypto can move vast sums without having to go through a central bank."

The OP concerned Bitcoin in particular, not crypto in general. Obviously we are all seeking to exit the central-bank cabal.

"you can't hit a button and create more of them."

You can't hit a button and create more shares of Hertz either (the company itself actually tried before they went under, and got spanked). Scarcity is an argument sold to and relayed by bagholders. What matters is whether or not the components of the category (companies, cryptes) are in scarce supply, and neither are. Sans cabal boostering and protection, eventually an overpriced commodity will be required to perform superior relative to its brethren. As far as I can tell, the only thing Bitcoin does best is "be first". Well, that'll wear off.

3 years ago
2 score
Reason: None provided.

"Crypto can move vast sums without having to go through a central bank."

The OP concerned Bitcoin in particular, not crypto in general. Obviously we are all seeking to exit the central-bank cabal.

"you can't hit a button and create more of them."

You can't hit a button and create more shares of Hertz either (the company itself actually tried before they went under, and got spanked). Scarcity is an argument sold to and relayed by bagholders. What matters is whether or not the components of the category (companies, cryptes) are in scarce supply, and neither are. Sans cabal boostering and protection, eventually an overpriced commodity will be required to perform superior relative to its brethren. As far as I can tell, the only Bitcoin does best is "be first". Well, that'll wear off.

3 years ago
3 score
Reason: None provided.

"Crypto can move vast sums without having to go through a central bank."

The OP concerned Bitcoin in particular, not crypto in general.

"you can't hit a button and create more of them."

You can't hit a button and create more shares of Hertz either (the company itself actually tried before they went under, and got spanked). Scarcity is an argument sold to and relayed by bagholders. What matters is whether or not the components of the category (companies, cryptes) are in scarce supply, and neither are. Sans cabal boostering and protection, eventually an overpriced commodity will be required to perform superior relative to its brethren. As far as I can tell, the only Bitcoin does best is "be first". Well, that'll wear off.

3 years ago
3 score
Reason: None provided.

"Crypto can move vast sums without having to go through a central bank."

The OP concerned Bitcoin in particular, not crypto in general.

"you can't hit a button and create more of them."

You can't hit a button and create more shares of Hertz either (the company itself actually tried before they went under, and got spanked). Scarcity is an argument sold to utter rubes, who then relay it. What matters is whether or not the category (companies, cryptes) are scarce, and neither are. Sans cabal boostering and protection, eventually an overpriced commodity will be required to perform superior relative to its brethren. As far as I can tell, the only Bitcoin does best is "be first". Well, that'll wear off.

3 years ago
3 score
Reason: Original

"Crypto can move vast sums without having to go through a central bank."

The OP concerned Bitcoin in particular, not crypto in general.

"you can't hit a button and create more of them."

You can't hit a button and create more shares of Hertz either (the company itself actually tried before they went under, and got spanked). Scarcity is an argument sold to utter rubes, who then relay it. What matters is whether or not the category (companies, cryptes) are scarce, and neither are.

3 years ago
1 score