Post
Topic
Board Speculation
Re: Breaking News: China Central Bank Officially Warns against Bitcoin
by
Zangelbert Bingledack
on 05/12/2013, 23:35:32 UTC
Saying that bitcoins can not be used as currency completely destroys the intrinsic value of bitcoin.
The network and the ability to send money is a huge part of the value, it isn't required for the whole planet to use it as a currency for the bitcoin network to have large value.

Hmmm. This is offered by any altcoin, which are also cheaper and have a better protokol

What does that have to do with anything?

I'm noticing a pattern of altcoin pumpers tagging along on any argument made for Bitcoin vs. fiat, as if the fact that an altcoin could do the same thing is relevant. If someone were attacking altcoins it would be, but when the argument is merely about crypto vs. fiat, it comes off as a desperate attempt to remind everyone that altcoins exist.