The purpose of currencies and markets is to exchange information about who is doing what, what needs to be done, and what would just be duplicate work. This makes everyone's jobs easier and more effective. If no one wanted astronauts to explore outer space, for instance, and instead people wanted more doctors to save lives, then prices would indicate this and jobs could be allocated more efficiently.
So yes, as a very efficient currency, Bitcoin is just pushing numbers around.
Topic: Bitcoins does not serve any benefits to the human kind. - page 2. (Read 5507 times)
doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
bitcoins do nothing except pushing numbers around to make the early adaptors rich.
bitcoins do nothing except pushing numbers around to make the early adaptors rich.
No one is forcing anyone to use Bitcoin. No one (that I know of) is trying to trick people into using them. (Most newbies who post on this forum are told to fuck off if they don't like the idea.)
And yet the price of a bitcoin is almost $20. How do you explain this? Is every single person who's bought or mined a bitcoin just an idiot? Because no one is coercing them into using Bitcoin, and yet they are.
one could easily say the same thing about most economic, technological, hell, any developments
"doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
US dollars do nothing except pushing numbers around to make the bankers rich."
"doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
Video games do nothing except pushing numbers around to make the game companies rich."
"doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
jeans do nothing except pushing numbers around to make the clothing manufacturers rich."
"doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
soda pop does nothing except pushing numbers around to make Coca Cola rich."
US dollars do nothing except pushing numbers around to make the bankers rich."
"doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
Video games do nothing except pushing numbers around to make the game companies rich."
"doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
jeans do nothing except pushing numbers around to make the clothing manufacturers rich."
"doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
soda pop does nothing except pushing numbers around to make Coca Cola rich."
They also prevent governments from stealing from people by inflating the money supply.
doctors save lives, firemen make our homes safe, astronauts explore the outer space etc...
bitcoins do nothing except pushing numbers around to make the early adaptors rich.
bitcoins do nothing except pushing numbers around to make the early adaptors rich.
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