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1) It is attractive because it it unregulated. The inflation however is mathematically guaranteed. That is perhaps the best regulation you can ever have for a c
by tn13 10y ago
1) It is attractive because it it unregulated. The inflation however is mathematically guaranteed. That is perhaps the best regulation you can ever have for a currency.
2) True about USD and Fed too or almost every other things that are publicly traded. The reason Musk makes all those news headlines is because he wants his company look attractive too investors.
3) True about stock market and all other financial instruments too. We have plenty of analyst giving after the fact analysis. They have no clue.
4) Agreed.
5) Generally true about stock market too. One should always buy low and sell high. Not other way around.
- rspeer 10y ago> The inflation however is mathematically guaranteed. You mean "deflation". Inflation is when your currency is worth less than it was before. Also, I'd be careful of claiming anything is "mathematically guaranteed", which is a much stronger claim than anything you encounter speculating in a market. There's no axiom or theorem demonstrating that Bitcoin is worth anything.
- tn13 10y agoSorry. My point was protection from inflation is guaranteed. Bitcoin might lose its value because of market but no one can print Bitcoins at a whim to reduce the value of coins in my hand.
- tn13 10y agoSorry. My point was protection from inflation is guaranteed. Bitcoin might lose its value because of market but no one can print Bitcoins at a whim to reduce the value of coins in my hand.