Thread: Bitcoin
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Old 05-05-2016, 04:14 PM   #17
tw
Read? I only know how to write.
 
Join Date: Jan 2001
Posts: 11,933
Quote:
Originally Posted by John Sellers View Post
I guess that explains why you felt the need to explain the difference between emotion and logic where no such explanation was warranted.
Why is it not warranted? Do you have a similar conclusion? That is ambiguous because you did not say why.

Paypal is an amazing innovation.

I never understood why eBay sold Paypal. Apparently something is afoot in that transaction media. But to say what requires facts that are unknown.

Principles that are Bitcoin's foundation are innovative. But unproven. Underlying principles and Bitcoin's future explain a schism among Bitcoin insiders. Another fact that creates less trust in that transaction medium.

It does not help that a Bitcoin is about $440; not good currency for typical transactions that are necessary to build trust. And that a Bitcoin dropped in value from almost $1000 making it more like a derivative - less like a transaction medium.
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