Except the tulip craze had nothing to do with individual bulbs. But, that doesn’t matter.
I don’t think I am going to get a convert. It’s not a religion. It’s an algorithm. I simply wish the people coming on and disparaging it would try disparaging the usefulness. You think this holds no value. But you don’t even know how it works or what it is for.
I’m not selling anything. I don’t care if anyone buys it. It’s not Amway. It’s more akin to selling someone on the promise of the personal computer or the internet in 1990. Some people grasped it. Others could not see the value in the whole “web” thing. It might be Pets.com. Who knows.
Okay then, explain it to me. What can I do with bitcoin that I can't do with credit cards, US currency, checks, etc.? What can I do with bitcoin that I can't do without it? What exactly makes it "useful"? What gives it "value"? I'd honestly like to understand what makes so many people buy in to the siren call of "Bitcoin".
Saying "it's an algorithm" makes it seem like you think that somehow gives it value, but I don't understand how. It sounds more like a word that people parrot to make it sound like they're more educated than the people they're talking to, when in reality they are just as clueless as the rest of us. It sounds like a meaningless word used to explain the inexplicable. It's based on the assumption that the other person will not be willing to admit that they are too dense to understand the simple explanation that "it's an algorithm" is all that is needed, and if they can't understand that, there is no hope for them anyway. Meanwhile, the person who used the term doesn't understand it either, but they think they can bluff their way through by acting like the buzzword explains it all.