Quote from: eternalgloom on November 03, 2017, 11:09:15 AM

Quote from: Anonymous Kid on November 03, 2017, 10:43:42 AM

Quote from: eternalgloom on November 03, 2017, 10:39:19 AM

Why does it matter if they haven't read the whitepaper or don't care or know anything about decentralization?
The fact that these people are using Bitcoin should be enough, no?

Most of us want mass-adoption, it's a bit silly to expect everyone who buys Bitcoin to first read the whitepaper and know of all technical aspects.

Quote from: Anonymous Kid on November 03, 2017, 10:20:59 AM

Quote from: yasuoWasakey99 on November 03, 2017, 10:15:20 AM

Well everyone wants to make money 95% of the users are here to make extra money and learn more about coins as well. Nobody would do something for bitcoin if you didn't get money.

So calm down. Some users are here also for hobby and they get extra money.

No! The point was never to "make money". The point was to revolutionise the way in which we represent a medium of exchange and providing a new, secure way in which it can be done without a third intermediary.

If your only here to make money then I politely ask for you to fuck off. Because in the long-run, if you stop making money, we all know that 100% of that 90% would leave without a second thought. They don't give two cents about what bitcoin represents or how it is so game-changing. Purely here because of greed.

You're in no place to tell anyone to 'fuck off', you don't get to decide why someone should or shouldn't use Bitcoin. You sound very elitist tbh and I disagree with your notion that the Bitcoin community should be some elite club of people who are only in it because of ideological reasons.

These people aren't using it because they wan't to make payments etc. They are just buying it to make money; Therein lies the problem. They are not "adopting" bitcoin, they are using it to try and make a quick buck. Honestly, I think bitcoin is massively overvalued - About 1% of merchants accept it. Unless this new money keeps on flowing in or, bitcoin gets accepted by Amazon, eBay or another mainstream commerce company in the near future, the music is going to stop and with it, the price.

By all means, if you are buying bitcoin to purchase a car, make an over-seas transaction or, use it for gambling then go ahead. In fact it is 100% beneficial for the ecosystem to do so. Because at least then, you are using bitcoin for it's intended purpose; As a medium of exchange.

What do you think happens when people make payments with Bitcoin? Most businesses accepting Bitcoin will just exchange those Bitcoins directly for fiat once they receive them (Overstock is an exception).
People who are using Bitcoin as a long term investment aren't doing anything wrong and I also don't see how it hurts Bitcoin. People also use fiat currency for investment, people also save massive amounts of fiat currency without using it.

Ideally, I'd like to see even more investors get into Bitcoin, raise the marketcap and perhaps make it a bit less volatile in the future.
Bitcoin is just too volatile to be used as a means of exchange for most people.

Imagine getting your paycheck in Bitcoin and the next day you've just lost a couple of hundred dollars, now you're short for paying your bills etc.

If s business is clever enough to be making a lot of money then they clever enough not to sell of all their Bitcoin to fist when they can make a whole bunch more without putting in the work. I don't actually understand what the OP problem is and I don't think he understands Bitcoin or currency. Bitcoin is a currency so it already is money. It's just one that's going up in value because it uses new technology that works so well. So I'm not sure what is wrong with keeping currency. I use Bitcoin to buy things why would I use fiat?