I think comments like this dismiss all the people who are using bitcoin for actual, good reasons. They are mostly in developing nations which is why they seem to be getting ignored. There are people who otherwise have to pay very high cross-border transaction costs or can't get a bank account and have real utility for using bitcoin.<p>It would be like going to a drag race and claiming "cars are gambling". It ignores all the people using cars for commuting to work, getting groceries, etc. How about re-phrasing this to "cryptocurrency speculation is gambling"?
Not sure whether it's gambling or not.<p>But when you look at the half the crypto from the top 50, most of them I don't think they will ever have any realistic level of real world adoption.<p>They all sell some pipe dreams of future DeFi this or future IOT smart contract, etc. Sounds pretty much like just cherrypicking some niche area of use case just for the sake of differentiation, yet somehow it's worth billions of dollars in market cap.<p>How about just focusing on delivering a p2p crypto payment that is actually cheap, fast and preferably eco-friendly like what Satoshi envisioned in the first place?