• NoiseColor@startrek.website
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    8 months ago

    How about the fact that it’s 14 years old now, has an approved ETF and is more stable than many stocks?

    Let it go. You can go on hating without trying to rationalize it. It’s perfectly acceptable.

    • tracyspcy@lemmy.mlOPM
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      8 months ago

      Bernie Madoff scheme covers both of your arguments: it lasted for ca. 17 years and even seemed quite legit at some point for Wall Street guys.

      • NoiseColor@startrek.website
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        8 months ago

        But then almost every business covers these two arguments?

        I won’t and don’t want to convince anyone into bitcoin, but these cringe emotional arguments are just so… cringe. I get it, ten years ago they were kind of funny I guess. Now it’s just old. Like old drunk people at the bar repeating the same story over and over again.

    • Ptsf@lemmy.world
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      8 months ago

      Lol yeah. Go ahead and count on a computerized transaction system with the power requirements of Idaho to remain consistently stable in value. That seems downright affordable in comparison to nearly identical systems with fractional upkeep costs. It certainly isn’t that it’s backed by dark money, misunderstandings, and ponzi schemes. /s