We've started a habit of creating periodic Bitcoin threads to confine discussion thereof to those threads and prevent excessive proliferation of Bitcoin topics in the discussion section. Here is a link to the last one, which links the other discussions. Lot's to talk about, and another bounce in Bitcoin's value (up to 33 then down to 24), so share your links and thoughts!
I share with your general impression, but I think your phrasing casts bitcoin advocates as idiots which is a poor discussion tactic.
Well, this is just the difference in worldview between two camps, based on their differences in experiences and research.
See, the anti-inflation types among us have been trying to live responsible lives, saving for the future. We thought that the economy rewards those that defer their consumption until later and who invest for the future. But at every turn, those in charge of managing the money supply have stymied us. They've jacked up the money supply, making our purchases more expensive, all while denying the severity of it. (In the case of technolog... (read more)