3 ms·
We need to give up on the idea of bitcoin being used as money. It wasn't designed in a way that would encourage holder to spend it like money until a stable val
by heurist 9y ago
We need to give up on the idea of bitcoin being used as money. It wasn't designed in a way that would encourage holder to spend it like money until a stable valuation is found when everyone in the world is holding it. As Yellen said, it's a highly speculative asset. Small chance of massive yield, large chance of small failure.