Quote from: figmentofmyass on August 01, 2019, 08:08:30 PM

peter's position is simple conservatism. by his rules, he can't really be proven wrong. he's right that bitcoin could be an asset bubble, and we can't affirmatively know that now---only long afterwards in hindsight. if the object is store-of-value and not speculative gains, then he's right that bitcoin is unreliable.

the thing about conservatives is they are always fighting the future and never foresee big changes. i believe he will be proven wrong in time, but he's correct that we bitcoiners are in no position to declare bitcoin a store-of-value yet.

Yes. It goes both ways really. While Bitcoin is really bad as SoV currently, most of the arguments towards Bitcoin are always focused on the present(e.g. low tps, expensive to transact, volatile), completely ignoring the potential liquidity improvement by time and the potential development that could improve the technology in general in the future.

It also comes to how the Bitcoiners phrase it. They should be saying "Bitcoin could potentially be a great global SoV in the future" than just "Bitcoin is a good SoV".

Quote from: Sailor11 on August 01, 2019, 08:43:01 PM

Would be interesting to see if you will get the same amount of hatred as I got when I expressed the same position on store-of-value. Seems that quite a few members of bitcointalk feel it is ok to curse and criticize any new member that express a reasonable and detailed point of view which is different from what they are told the last 2 years.

Ehh I doubt it. I'm pretty sure if someone actually made a valid criticism, that people here wouldn't be too hard on the person. But mostly it's just very bad criticisms hence the poster is very likely to get called derogatory names.