Support Bitcoin: Invest, Spend & Earn

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The discussion centers around the skepticism surrounding Bitcoin as an alternate currency and investment. Participants express concerns about the lack of a stable value and the prevalence of scams associated with Bitcoin. Many contributors, including individuals with financial expertise, view Bitcoin negatively, often dismissing it as a viable investment. The contradiction between viewing Bitcoin as both an investment and a currency is highlighted as a significant issue, suggesting that without a clear consensus on its purpose, Bitcoin struggles to gain legitimacy in either role. Overall, the sentiment leans towards caution and skepticism regarding Bitcoin's future.
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How many of you support that alternate currency? Do you have some bitcoins and if yes do you spend it?

Personally i have few coins and I am waiting to get on right price. It is investing for me.
 
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I think it's interesting, but right now I wouldn't touch it. Too many scams in the news.
 
Literally everyone I've ever spoken to who knows anything about investment or finance has nothing but horrible things to say about bitcoin. This includes my economics professor, my uncle who's rich from investments, and a few internet friends who've proven they know their stuff. I don't even ask about it half the time. They just tell me stories about how dumb it is for funsies. It's a joke to them.
 
3301 said:
How many of you support that alternate currency?
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It is investing for me.
Those two statements directly contradict each other and that's a big problem for Bitcoin. With no basis for a value either as an investment or a currency, it is pretty much impossible for it to become either, but certainly not if people can't pick one and stick with it.
 
Enough said about bitcoin.
 
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