By all accounts the first commercialized version of the modern fax machine was invented by Xerox in 1964. I think they were "big" in the early 80s (16-18 years later?) .. I was too young then, so I'll take your word for it.
Ok, so you see my point? Why not be open to the fact that this can develop further rather than ridicule the notion? The examples are there already. That development is there where BTC is concerned also over the course of the past 5 years.
Bitcon is on the go 13 years now, but dismal uptake for all the hype. Are you expecting it to be "big" in the next 4-5 years? And by "big" I mean, you know, that many people all over the world will actually buy stuff with it? If not, when will it be "big"? The closest decade will suffice.
The very same point. Why the deadline? How long has AI been knocking about? You remember going back a couple of decades we were told that we'd have a crisis soon enough as there would be no work for us (due to automation)? That's still in play but it didn't happen back then.
Other than that, you say its not in use when I've given you examples of day to day use. As you've always done, you're also dismissing any and all other use cases beyond 'paying for stuff'. You can box yourself in by defining success/failure of bitcoin on that one metric - but don't expect others to do so.
Au contraire! Due to the rise of internet usage and IT more generally, I pursued IT (over finance) at 3rd level and have been working with ones & zeros since. In fact, the rise of the internet gave way to cloud services which is a nice little earner
On the one hand, delighted to hear that - but it makes it all the more baffling to try to understand your inability to appreciate that things can take time to unfold. If you work in that sector, then you'll already be aware of the history and it goes back forever and a day. You're talking about the nearest decade - how many decades did it take for the internet and associated technologies to develop? The other irony is that crypto, blockchain etc. is very closely related to that - it's an extension of it.
How long has EV tech been on the go?
The fact that you bemoan a perceived lack of progress adds more weight to Amara's Law:
"We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run"
And yet by a whole host of metrics, bitcoins developmental progress has been validated.
Given, that you like to remind everyone that Bitcoin has appreciated 214% pa over the course of 13 years, I take it you think we're now at the top, otherwise that could turn out be a very expensive breakfast
I don't give a fiddlers about that. It's something that is widely misunderstood. Unless I allocate all resources to bitcoin, then it doesn't make the slightest bit of difference whether I can buy a Ferrari with the equivalent 10 years from now. At the end of the day, I decide what level of exposure I have to bitcoin and digital assets - and I'm free to rebalance or adjust that as I go.
So that's not a head game for me. What would be a headgame for me is to be spoon fed all the merits and demerits and then to not be able to respond and update my thinking and position and at the very least avail of the smallest of positions in what is an asymmetric speculation on the maturity and success of bitcoin. That would haunt me until the end of days but then I'm in no way qualified what with the lack of an M.Sc. in Finance, being intellectually outflanked what with doing all my research whilst sitting on ceramic furnishings (allegedly).