I have no notion that people who disagree with me are ignorant.

I only have a notion that ignorance is ignorant.

I can back up all my arguments with facts, information, research study and understanding.

Your articles on Tether is just red herring fallacy since your original argument has no merit.

As for Bitcoins uses, there are many. For instance I recently acquired large amounts of bullion at a steep discount via bitcoin. Why? Because it’s cheaper and less trouble transaction wise for the bullion seller. All above board. All taxes reported. Nothing criminal.

Defi loans allow collateralization of crypto assets. People in business are currently using them to secure extremely large multimillion dollar notes in minutes to do business transactions. I’ve been in the rooms when these occurred. Again all above board, all tax legal.

Simply using banks for certain situations are a pain.

Clearly you’ve never experienced such situations, hence why it seems a scam to you.

I guess you’re smarter than me and Elon Musk. I would absolutely believe it if you had facts and arguments that didn’t have logical fallacies.

There’s political arguments on both sides of the crypto currency debate. Your arguments seem politically motivated. I have no political agenda.

The discovery of fission changed the world. There was no keeping it under wraps or going backwards after the physics were discovered.

The ability to transfer and store wealth online via blockchain and consensus algorithms will exists from now on. There’s no going back. It’s simply a fact of information science and physics.

Remember this discussion. Think on it when in 30 year’s cryptocurrency is considered a norm, and when multiple governments finally transition to digital currencies.

Or you know... you can quote more non relevant, poorly educated sources to support a point you wish for. It’s like the old timers laughing that the internet was just a play thing in the 90s... Now if the internet went down it would be a national emergency.

Oh... and here’s an actual intelligent article from a fairly respected source rather than some random blogger. Here’s the important point

“Many people think that bitcoin is a bubble, and that's predicted on the concept that bitcoin has no value. But there's reason to believe that that just isn't true. By definition, bitcoin is scarce. And the cryptocurrency may have utility as a superior way to store and exchange wealth.”

https://www.cnbc.com/2018/01/16/skeptics-say-bitcoin-has-no-...

Edit: I also hope you understand that this debate is an intellectual exercise, not a personal issue. So I am somewhat annoyed that you would call my comments tedious :). No one should accept ignorance. And disagreement is wonderful, but it should be an educated discourse. Silent downvoting or flagging of things that are unpleasant isn’t the way forward. I tend to only downvote comments that are provably factually incorrect, make comments that are based on ignorance or misunderstanding, non constructive, or outright hostile.

If you truly are interested in open understanding, it’s not a bad thing to say “I am ignorant on this subject.” In the past when I have said that, I have learned a lot.

Cryptocurrency and Bitcoin causes emotions or brings up political divides for a lot of people... I can only begin to guess at the reasons why. But burying your head in the sand or listening to the “bubble” crowd chorus is doing yourself a disservice.