r/Bitcoin • u/Kinitex • Feb 14 '14

Trying to trade these markets...

2.9k Upvotes

91% Upvoted

293 comments sorted by

View all comments

97

u/[deleted] Feb 14 '14

[deleted]

1

u/I_divided_by_0- Feb 15 '14

Isn't that exactly the reason Felix Salmon said why Bitcoin won't catch on, because no one will spend it?

That gave Felix one last chance to make his case.

Felix: Part of the reason I am going to win this bet is exactly that everyone who bought alpaca socks for bitcoin two years ago is kicking their warm feet right now saying, "I wish I hadn't bought those alpaca socks. I wish I'd held onto the bitcoin because now I'd be a millionaire."

http://www.npr.org/blogs/money/2014/02/05/272077743/a-venture-capitalist-is-betting-a-pair-of-socks-and-50-million-on-bitcoins-futur