[2016-06-27] bitcoin.com| Why Bitcoin Block Space is like Starbucks Coffee

[eye4bd]

Why Bitcoin Block Space is like Starbucks Coffee

Recently I’ve seen a number of people in the Bitcoin ecosystem commenting that they think Bitcoin blocks should always be completely full. This is analogous to thinking that Starbucks should always be completely sold out of coffee. Block space is like coffee in that it is a consumer good. ...

https://news.bitcoin.com/bitcoin-block-space-starbucks-coffee/

[classicsucks]

What a stupid analogy. The article is filled with corporate brand names, juxtaposed only by hackneyed basic economics. Author assumes everyone lives in the US, and assumes that people are trying to get a good deal on coffee. Any shithead paying $4 for that burnt-tasting crap is not a "rational actor" in my book. Furthermore, this is cryptocurrency Charlie, GTFO with your Starbucks econ 101 garbage.

Rant over

[shenzhenvire]

that` s great  !