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Currency is such a misnomer. In the near term, it's a horrible decision to buy anything that doesn't appreciate in value at a similar rate as your cryptocurren
by slindz 9y ago
Currency is such a misnomer.
In the near term, it's a horrible decision to buy anything that doesn't appreciate in value at a similar rate as your cryptocurrency of choice if you can possibly avoid it.
That doesn't mean Bitcoin doesn't have value.
Bitcoin is useful if you need to move financial amounts across borders.
Bitcoin is useful if your own fiat currency is about to take a bath.
Bitcoin is useful if you'd like to transact for something anonymously (there are good and bad reasons for this)
Complaining that Bitcoin isn't also a thing you can buy coffee with has never made sense to me.