So many words. yet nothing was said read.
FTFY.
the most important thing that needs to be understood about Bitcoin is this -- it's as stupid as any other currency at the end of the day.
You think it's stupid to have a unique token that represents value? Why have social groups been remaking currencies since the beginning of time then? Or why are IOUs so ubiquitous across cultures? It has to be to fill some needs like the ability to share a basis point of value and simplify transactions perhaps; You no longer need to know how many eggs for a chicken, or how many chickens for a pig, or etc ad infinitum, just how many of whatever the currency is?
To be clear I'm arguing from a number of perspectives here:
a) Some currencies are better than others and
b) Having any currency is likely better than none and finally
c) It's easier to carry a pocket-full of cash or a smartphone into a shop than a bushel of bacon.
Why do you think currencies are stupid and I won't accept that you're a troll as the answer?
I don't care what you accept. That's the point.
You're a complete and total loser whether it's US dollars, or your cryptocurrency. That's the thing buddy. No one fucking cares.
Life is more than your little monopoly games and gimmicks. Fuck you if you think this stupid cryptocurrency is really revolutionary. It's impractical, it's not intuitive, and most importantly there is no way to earn these stupid things even if it was so great. Only nerds with absurd hashing power get these dumb little coins. So freaking retarded. and the more people criticize you, the more you gain steam it seems. That's fine too. I mean, if you really believe in these things I'll be glad to knock this Bitcoin scam until the value rises to $50 USD per coin. Why not? I mean I'll be like you, build a mining rig or buy an ASIC even, and convert all my coins to USD. But I will be laughing to the bank if that ever happens.. I'm 100% sure it won't. Your bit currency is junk just like your soul.