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> The interviewer asks this woman about the future of Bitcoin when she's clearly not an expert because shes says, Bitcoin "will be too high for individuals to i

> The interviewer asks this woman about the future of Bitcoin when she's clearly not an expert because shes says, Bitcoin "will be too high for individuals to invest in." One could buy a fraction of a Bitcoin to "invest" as little as $5. I'm confused? But 'this woman' is completely right at ~15k$/btc only the wealthy are able to invest Did you put quotes around "invest" because you think btc is a bad investment? Or to protect you from people saying:" 'this man' is clearly not an expert because he thinks 5$ is an investment" Or perhaps for some other reason?

Casseres 9y ago
I equate buying digital currencies hoping that they will go up in value as gambling. I do have some, so I am also gambling on it, but I would not call it an investment. Anyone can buy any amount of BTC. One does not have to buy in whole numbers with 15k$ or more. That's like saying only rich people can buy gold. Completely false. Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out.
- justifier 9y ago
  > Anyone can buy any amount of BTC. Actually, this is untrue.. a Satoshi is the smallest denomination of btc > That's like saying only rich people can buy gold It's more 'like' saying "only rich people can invest in gold" That's why ETFs and mutual funds exist: so other people can invest in those so the wealthy people who own them can invest in gold then distribute the gains >Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out. Considering the misinformation you are spreading and your claim to be 'gambling' with 'some' 'digital currency' it sounds like you are describing yourself In the gp you claimed "she's clearly not an expert" Can you at least admit Theodora: someone who moves 1M+ worth of assets between multiple currencies based on first hand market research and future potential of direct and peripheral regulation; exhibits more expertise on the subject of cryptocurrencies than you? Why did you choose this article to strawman?

Casseres 9y ago

I equate buying digital currencies hoping that they will go up in value as gambling. I do have some, so I am also gambling on it, but I would not call it an investment. Anyone can buy any amount of BTC. One does not have to buy in whole numbers with 15k$ or more. That's like saying only rich people can buy gold. Completely false. Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out.

justifier 9y ago
> Anyone can buy any amount of BTC. Actually, this is untrue.. a Satoshi is the smallest denomination of btc > That's like saying only rich people can buy gold It's more 'like' saying "only rich people can invest in gold" That's why ETFs and mutual funds exist: so other people can invest in those so the wealthy people who own them can invest in gold then distribute the gains >Essentially there are many uninformed people buying these digital currencies that know nothing about them. That is what I was pointing out. Considering the misinformation you are spreading and your claim to be 'gambling' with 'some' 'digital currency' it sounds like you are describing yourself In the gp you claimed "she's clearly not an expert" Can you at least admit Theodora: someone who moves 1M+ worth of assets between multiple currencies based on first hand market research and future potential of direct and peripheral regulation; exhibits more expertise on the subject of cryptocurrencies than you? Why did you choose this article to strawman?