François Chollet on Twitter: "I have yet to see an argument for buying BTC that isn't "because the price will go up". Proponents sound like a cult. Definition of a bubble"

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1. Zach Tratar‏ @zachtratar 6 Jun 2017
  Replying to @fchollet
  
  Yup.
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1. D@RWIN‏ @DasfNYC 6 Jun 2017
  Replying to @fchollet
  
  The economist in me doesn't like the idea in BTC. :-(
  
  3 likes
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1. bird‏ @matrixscene 6 Jun 2017
  Replying to @fchollet
  
  Bitcoin is cool but there's other useful Blockchain technology like distributed storage (Sia, Filecoin, Storj) or Smart Contracts (Ethereum)
  
  3 likes
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1. Eva Bojorges‏ @eeveeta 6 Jun 2017
  Replying to @fchollet
  
  100% agree
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1. Josh McGee ‏ @Josh_McGee_G 6 Jun 2017
  Replying to @fchollet
  
  I know some people who like that it's not government-controlled (but that isn't a strong argument for me)
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1. Arturo SánchezCorrea‏ @ArturoSaCo 6 Jun 2017
  Replying to @fchollet
  
  It is like gold but better, buy if you were thinking of buying gold (or if you feel like gambling)
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1. iandanforth‏ @iandanforth 6 Jun 2017
  Replying to @fchollet
  
  If you're a speculator (as opposed to an investor) there doesn't need to be a deeper reason. Gambling is gambling.
  
  1 like
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1. ctrl-a10-del‏ @a10daze____ 6 Jun 2017
  Replying to @fchollet
  
  It is very odd since to my understanding an actual technological success would virtually render BTC useless. So why buy?
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1. José Luis Ricón Fernández de la Puente‏ @ArtirKel 6 Jun 2017
  Replying to @fchollet
  
  Because it will be more broadly used, same with all sorts of money. Money is useful because people accept it, and viceversa
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