>You may think it’s unnecessary to use a blanket at 10 p.m., when it’s still hot, but by 4 a.m., when it’s colder and you’re unable to shiver? You might need it. We have a common saying for this in Turkish. When…
Ads are there to convert (sell stuff). Low income users buy less stuff. Also less expensive stuff. Ads catering to high income users tend to budget more for ads because they can be more lax with cost per user…
>It does have legitimate use cases transferring value digitally being the primary case I am not convinced that what is being transferred here is value. It's transferring data, but I am not convinced that it is valuable.…
And that is exactly what you don't want in "money" in a functional economy. You don't want deflation. You want price stability. So the more it gets artificially valuable, the more useless it becomes for its intended…
Yes they are, but if that cash only works across casinos (think casino tokens / chips) and nowhere else, would you take it seriously?
Yeah but it was for speculative trading (and gambling, lots and lots of gambling sites), not for "using it" (to buy goods, exchange value). There is nothing to do with all those cryptocoins other than trading them…
I don't think bitcoin "rose to such heights" in terms of success. It appreciated in value arguably due to a speculation despite having no legitimate use (as of yet) due to its deflationary nature. So everyone wanted a…
>You may think it’s unnecessary to use a blanket at 10 p.m., when it’s still hot, but by 4 a.m., when it’s colder and you’re unable to shiver? You might need it. We have a common saying for this in Turkish. When…
Ads are there to convert (sell stuff). Low income users buy less stuff. Also less expensive stuff. Ads catering to high income users tend to budget more for ads because they can be more lax with cost per user…
>It does have legitimate use cases transferring value digitally being the primary case I am not convinced that what is being transferred here is value. It's transferring data, but I am not convinced that it is valuable.…
And that is exactly what you don't want in "money" in a functional economy. You don't want deflation. You want price stability. So the more it gets artificially valuable, the more useless it becomes for its intended…
Yes they are, but if that cash only works across casinos (think casino tokens / chips) and nowhere else, would you take it seriously?
Yeah but it was for speculative trading (and gambling, lots and lots of gambling sites), not for "using it" (to buy goods, exchange value). There is nothing to do with all those cryptocoins other than trading them…
I don't think bitcoin "rose to such heights" in terms of success. It appreciated in value arguably due to a speculation despite having no legitimate use (as of yet) due to its deflationary nature. So everyone wanted a…