Quote from: TheQuin on July 27, 2018, 11:28:54 AM

Quote from: Missterio on July 27, 2018, 11:21:22 AM

I think everyone here is for profit. how else can this be called except as an investment

That's where you're wrong. Not everyone. In the beginning, this was about taking control away from governments and vested interests. Bitcoin was created to allow people to make financial transactions without the need for trusted third parties (banks) and to take the responsibility of money creation (printing) away from government agencies (central banks). It wasn't meant to be a way of getting rich.

Yes, bitcoin was not created for its use as a means of accumulating value, that is, for storage in order to extract profit from increasing its rate. Unfortunately, we have what we have. Now bitcoin is basically a means of investment as a financial asset, and not as a means of payment. And it looks like this situation will not change for the better. So whether we want it or not, buying bitcoin, people are investing in it and basically keeping it, rather than buying to use as digital money.