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Saying that Bitcoin blew the market for GPUs reveals that your knowledge is years out of date. Bitcoin is predominately mined on ASICs.

Viagra was originally developed as chest pain medication. Did it utterly fail, simply because a new use-case was unveiled?

Which begs the question, what is the new use case for Bitcoin? Some say digital gold, but only time will tell.

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Out of all my bitcoin friends, no one I know owns an ASIC

Everyone mines on GPUs because they are cheaper and casual dual purpose (play games and mine afk)

Aren't ASIC normally limited to a single algo as well?

Your friends are most likely mining ethereum, not bitcoin.

> Which begs the question

Heh. I think you just unintentionally used this correctly by assuming there even is a new use case.

It was intentional. I am thinking probabilistically here, and the jury is still out on whether “digital gold” is the use case.

"Begging the question"[0] is a logical fallacy where you provide an answer to a question that depends on first assuming the answer is correct. i.e. a circular argument.

That was intentional?

[0] https://en.m.wikipedia.org/wiki/Begging_the_question

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