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But the point is that a "strong fundamental" means that there is a widespread long-term belief in whatever backs the currency. Bitcoin is too new to have this i
by trevyn 9y ago
But the point is that a "strong fundamental" means that there is a widespread long-term belief in whatever backs the currency. Bitcoin is too new to have this in human timescales.
Can you make money speculating in Bitcoin? Obviously. But it is not fundamentally backed by something that people have long-term trust in -- it is only worth what you can trade it for at that moment.
- discombobulate 9y agoI trust cryptography & networks. I've lived a large part of my life on networks. Never talked to a politician.