I perhaps over-reacted by labelling your comment as a falsehood, I retract that comment. I do think it more a case of crossed-wires.
Fair enough, appreciated.
1. Nobody is getting excited about bitcoin as a stable IT system per se. Instead, the excitement is (if any) its stability as an IT system acting as a currency relative to the price stability of fiat currencies operating within global financial systems that are unstable.
Its this relativity that you appear not to have addressed, thus somewhat taking the topic of course.
Yep, my point all along was that anyone familiar with Bitcoin shouldn't regard that article as presenting anything they didn't already know. I did point out earlier that in my opinion the article fell short of a meaningful assessment in that while it mentions systemic instability of FIAT, it doesn't spend any time discussing what they are, their impact, or how Bitcoin or other cryptos could prove to be of benefit. So to me, the title promised a comparison on price versus systemic stability of Bitcoin, Libra, and the Dollar, but it focused almost entirely on Bitcoin, with a little on Libra and didn't go into any detail on the issues with FIAT that might justify investment in cryptos, and so I think it was a missed opportunity.
3. As for value, stable systems - IT, Financial, Mechanical, Ecological, Biological, etc...etc...all hold value. Asking me to put a mathematical calculation on that value is futile, anymore than putting a mathematical calculation on the value of river systems on the environment./QUOTE]
In IT, engineering, etc., stability is a cost play, not a value one. When we assess investment in IT systems, we evaluate income versus total cost of ownership. Stability is factored in through high availability design models and multiple layers of redundancy, and a cost is associated with that. Against that, we know what a partial or complete system outage is likely to cost in terms of lost business. The greater the potential loss, the more we invest in stability. That stability however doesn't affect the value of the products and services we sell.
My propensity to buy more bitcoin derives from that understanding that bitcoin is robust and offers me space outside of the unstable global financial system.
That's fair enough, that's a valid reason to want to buy crypto. One of the aims of AAM is to help consumers make informed decisions, s owe'd hope people understand that stability aspect of any potential investment before putting any money on the line.