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John McAfee · archived post
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Here is the flaw with Jamie Dimon's "Tulip Mania" analogy: Tulips are perishable and must be repurchased, over and over, to maintain a presence. Obviously, inflated prices cannot be sustained. Bitcoin is not perishable, and needs to purchased only once. There can be no comparison https://t.co/QEqyuGM1tf
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@OliverSynaio It takes a lot if work and a lot if money.
@ignorantchain What a fucked up interview.
@Inciting_Agent @MatiasTrader @pal_0720 Lost coins make up the overwhelming majority.
@SatoshiHodler Bad for dentists and rust remover products.
@cryptocraig123 He omits the most important fact: Bitcoin is a currency. I personally buy almost everything with it. So do many others. As this currency is adopted by more vendors, the supply/demand formula will activate with a vengeance. Even without the "investment" aspect, Bitcoin will fly.
@michaelnoer @cryptocraig123 Patience
@hopetrustgood @cryptocraig123 Not for me. I spend it.
@TheBradBitt @cryptocraig123 Utter fucking nonsense. Most of the people I hang with use Bitcoin every day to buy things. Scarce??? What does that mean? I sell something for Bitcoins. I then use those Bitcoins to buy something.
@ChicoSpock @cryptocraig123 Google "Research Chemicals". You can only buy them with Bitcoins.