Hacker News Reader

> Too many investors not enough users?

This, very much. Bitcoin was designed as a currency, not as an investment vehicle. Most use it as the latter, which causes problems.

View on HN

That's a myth. Satoshi compared it to gold multiple times. Imagine if gold was digital: You wouldn't be able to make it fit into a single category like "currency" or "investment". Or maybe you could, but you would have to leave behind this common modern assumption that a currency must have the exact same value every year, or even lose 2% every year.

Reply on news.ycombinator.com