2. Bitcoin was always a dumb idea from the perspective of building a business or an economy on it.
3. Anyone who really looked at Bitcoin in 2012 could see it was not a realistic replacement for PayPal unless you were thinking about paying on a place like SilkRoad.
By infernal you mean they comply with AML regulations like KYC?
Not following the law is not a "metric" legitimate businesses usually brag about.
Anybody who use FUD as an argument for something is pushing some kind of snake oil. FUD stands for "Fear, uncertainty, doubt." Why does FUD exist? Because historically when we did dumb things there were consequences. Is fearing consequences an irrational thing?
2. Bitcoin was always a dumb idea from the perspective of building a business or an economy on it.
3. Anyone who really looked at Bitcoin in 2012 could see it was not a realistic replacement for PayPal unless you were thinking about paying on a place like SilkRoad.