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May 19, 2017, 08:01:27 PM

It amuses me when maximalists confuse an 'ought' (or 'can') with an 'is'. The reality is that businesses troll traders are obliviously just getting on and using non-bitcoin blockchains (= alts shitcoins) for all kinds of things fleecing newbs out of their $$$ without any regard to those arguments.

FTFY

That's happening too. But it's probably incidental. There's an obvious market need for small transactions that Bitcoin has become incapable of filling. Alts are here to stay.

99.7% bitcoin troll trading, FOMO buying as a store of value, or currently spamming the network
0.3% or less people trying to buy a coffee or some other real world transaction (like buying drugs, gambling, etc.)

And I'm being generous, the real ratio is probably way worse than this. So the farcical arguments really need to stop.