@aubreyeg07 So, gold and crypto are basically the same, but we should "respect" gold and "despise" crypto because gold is around for thousands of years?
I still remember when the same notion of having a device in your pocket that would allow you not only to communicate, but read news, listen to music and make transactions with your bank was beyond science fiction (because in science fiction, computers were always huge; remember that in Star Wars, Leia wanted to send a message to Obi-Wan and instead of sending an e-mail, she physically sent a 100+Kg robot through half of the galaxy).
Saying that, it's really that absurd that BTC will be the next-gen gold in, like, 10-20 years?
BTC or any other similar thing is just code with no specific use.
That's totally wrong. You are confusing the implementation (the Bitcoin code) with the technology (blockchain).
Blockchain does not have an specific use, yes. But an CPU does not have an specific use either. You can use it in many ways, depending on what you need and how you implement.
Bitcoin is that implementation, with an specific use/goal.
Yes, the technology might be interesting (to me, something that requires increasing power with each calculation is idiotic, but hey, to each their own)
Again, maybe you didn't understand the technology very well? The increase comes from the halvings, not from the tech itself.
(Which I think it's a totally artificial way of increasing demand, but necessary from a technical standpoint, without halving the keys would be completely - or almost - depleted already.)
why would BTC prices raise just because the technology is interesting
I don't disagree, but the stock market sometimes also rises and falls because of the stupidest reasons and nobody gives a shit. Why is that only a problem with crypto?
Plane travel is increasingly important -covid aside-, yet no one in their sane mind would go all in on airplane companies shares
It does not make the less sense in this discussion, but... OK?
Iron, water, copper, etc have value not because people say they're valuable, but because people need them to do this or that. What do you need BTC for that you could not achieve by creating your own blockchain software?
Valid point.
That I already made before.