> And you didn't, so your vested interest is in it failing.
Why does he have a "vested interest" in Bitcoin failing? Are you sure you know what "vested" means? :-)
Do you mean to say that he wants Bitcoin to fail because he's bitter?
We will see if Bitcoin is relevant in 5-10 years from now. My guess: it will be a niche thing with a very narrow set of uses.
If anything, you sound a bit like a Bitcoin supporter (maybe an investor?), so you sound more like someone who has a <<vested>> interest in it succeeding.
I know what vested means, there can be a financial element to it but that is not a requirement:
definition:
'a personal reason for involvement in an undertaking or situation'
The personal reason here may well be bitterness, but that was your word not mine.
If, in 2011, we were discussing what bitcoin succeeding looks like, I would have said that if it was worth 5 figures (and I would have meant low 5 figures, so $10,000) it had succeeded. If, alongside the value, my parents knew what it was (not through me) then it would have succeeded.
In truth I would also have expected it to take closer to 20 years to reach that point. So in my mind it has succeeded. It is still around over a decade later, it surpassed the dollar value I would have assigned success even without this latest runup. There are few people in the world, who have internet acccess, who have not heard of it.
So I disagree with you, because on metrics I would have measured it with in 2011 it has met and exceeded them. Therefore it has succeeded already. I have skin in the game, so perhaps I have a vested interest, but only in as much as it would make me more money than it already has. And I dont need more money. If it went to zero tomorrow my life would not change.
Why does he have a "vested interest" in Bitcoin failing? Are you sure you know what "vested" means? :-)
Do you mean to say that he wants Bitcoin to fail because he's bitter?
We will see if Bitcoin is relevant in 5-10 years from now. My guess: it will be a niche thing with a very narrow set of uses.
If anything, you sound a bit like a Bitcoin supporter (maybe an investor?), so you sound more like someone who has a <<vested>> interest in it succeeding.