Quote (dro94 @ Dec 10 2017 02:51pm)
Pretty sure that bitcoin is a bubble at the moment. Rather than investing in it for its use as a currency it's being bought for pure speculation.
The bitcoin transfer fees are pretty ridiculous now as well, which makes its usefulness as a medium of exchange go down rather dramatically.
Stiglitz says cash out now, and I cashed out my modest £2000 profits yesterday.
simon says, the jackass version.
He also said bitcoin ought to be outlawed.
"So it seems to me it ought to be outlawed. It doesn’t serve any socially useful function."
translation: my precious big government and I cant control it so it shouldn't be allowed