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The Venture Capital Working Group isn't claiming they weren't securities at launch. It's claiming that some of these tokens do not qualify as securities any longer. This is in line…

Is it considered spam because of its substance or because it's repeated verbatim? E.g. if I take the same exact comment but paraphrase it every time I post it, would that be ok? Th…

Let me try to make the case for why Bitcoin could be a useful beyond greed. I can't really think of many reasons why you would use crypto to pay for a coffee or a sandwich if you l…

THIS. Thank you for this. I will quote your response in the future when this point comes up again, if it's OK? I was listening to Naval Ravikant who makes exactly the same point ab…

You don't even need a smart contract, the CME will be starting to sell cash settled BTC futures in two weeks: http://www.cmegroup.com/media-room/press-releases/2017/10/31...

I don't want to sound condescending, and if I do I apologise, but anyone who has any familiarity with financial markets knows that the industrial applications of gold account for a…

Have you ever heard of gold? Are people buying gold "greater fools"? If so, why?

And if we used blockchain to create a tokenised TOR, we would have something like Orchid Protocol: www.coindesk.com/tokenized-tor-orchid-blockchain-decentralized-internet/

If it's so obvious, why don't you buy a futures contract to short it and reap your rewards in a year or two? You can make millions of dollars if you're right.

I respectfully disagree with the idea that Bitcoin's killer-app is to be used as a currency for transactional purposes. I can't really think of many reasons why you would use crypt…

I see what you mean, let me take back my previous comment, which was typed hastily. I actually agree with you on the most part, you really can't prove that Bitcoin is a good store …

It's a good question. The consensus is that P/E is not a good valuation metric for high growth companies. I would rather use comparable multiples, DCF or sum of the parts for this …

I don't think I claimed that anything is a "guarantor of the future". I am simply pointing out that networks are valued with reference to their size, not on whether their code base…

>Anyone can fork the codebase, or even the blockchain, or one of the many other blockchains out there. There is absolutely nothing provable about BTC as a store of wealth. Let's re…

This is exactly right. If you create a company and copy Facebook's code, the resulting company will not be worth as much as Facebook. Why? Because much of Facebooks' valuation deri…

The idea that you can value bitcoin via P/E, utilizing mining fees as the "E" is incorrect. It's akin to valuing gold through P/E, by utilising the cost of extraction as the "E". T…

>I mean I get that the laws bitcoin evades quotes here are "unjust". They are still the law, however. That fact that injustice is the law does not make it moral (e.g. Nazi Germany)…

I can definitely see the utility in a censorship-resistant digital medium to store wealth. To me, this latter use case has a lot of potential to serve the unbanked (as well as the …

You're preaching to the choir, I love BTC. I realise that I haven't been clear. The point I was trying to make is only that you don't need for Bitcoin to be a replacement to visa i…