Bitcoin Is Time
Let me fix that title. Happy to be downvoted into negative territory. I only have 11 points. Go ahead.<p>&quot;Bitcoin Is A Waste of Time (and Resources)&quot;<p>What Bitcoin has done is that it taught people they can come together in a sustained flash mob (like an on-the-fly hedge fund operation) and manipulate the price of speculative assets by creating artificial short-term pump-n-dump type demand. Bitcoin has trained our collective neural network to do this.<p>The huddled masses can take their new superpower and apply it to stock, crypto, commodities on the commodity exchange, and all kinds of speculative assets, especially the virtual kind.<p>It&#x27;s taken a gambling-friendly society with feverish lust for winning (think for-profit fantasy sports, online poker, day trading, Vegas et al) and turned us into a giant decentralized casino.