Mmm, strawman.
Yeah, have a re-look at your posts, and tell me you weren't, in general sentiment, attempting to tell me how my boilerplate, narrowly defined economic arguments (in response to a single premise in the OP, no less) were moot because "BUT THIS IS BITCOIN!".
You dismiss any behavior that isn't right for you as "doesn't make sense" or "a joke". Are you against people being gay, too? How about people you don't speak your language, do you expect them to learn English?
"Myopic" continues to apply to your viewpoint. Speculation applies to more than just profit-maximizing behavior, and in fact I made clear that I speculate without attempting to maximum profit, but rather to minimize volatility.
1) who cares if my viewpoint isn't a liberarian one? Sure enough, I'm not much of a libertarian, but I hear there are many around these parts, and it's just one of many valid reasons to participate in the bitcoin experiment.
2) exchange markets are but one way of trading currencies. I used to trade on the #bitcoin_otc, and that works fine. Assuming you live in the US (as most myopic people do), it's likely you've never been to an exchange.
Your criteria are neither necessary or sufficient. Mine are not necessary, but they are sufficient as they work for me and others. QED.
I'm assuming this is directed at me and not fivebells, because that would make the most sense. I directed none of those points to you, only Crypt_Current, who presumably wanted to know why I thought bitcoin would never exist as a useable currency without speculative behavior
in any sense, regardless of exchange venue. I threw that libertarian bit in there as a joke.
Seriously, old_engineer, you're just reacting to my abrasive call-out that you just can't read (or quote) appropriately. I don't disagree with a single thing you've said. You're still doing a terrible job of showing me you can "read good", though. See fivebells, below, for not even realizing you were quoting the wrong dude as the nail in the coffin: you dumbasses couldn't recite the alphabet.
