Obviously different scale, but they seem similar in my view - bubbles based on a... | Hacker News

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		QuadrupleA on Feb 25, 2021 \| parent \| context \| favorite \| on: Thinking about investing in Bitcoin? Don't (2018) Obviously different scale, but they seem similar in my view - bubbles based on assets of little practical utility (who buys groceries with BTC with $12 transaction fees and your wallet doubling or halving every week?), fueled by unpredictable crowd mania.

thebean11 on Feb 25, 2021 [–]

You see why that's a useless unfalsifiable narrative? Pick anything successful, call it a bubble, compare to beanie babies. It's not a good argument.

One of your claims is falsifiable: Bitcoin has utility for large cross border payments.

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