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bitcoin is not just an asset. hardcore supporters believe you need never cash out. all other money will cash in instead. takes some time to grasp it
by arisAlexis 9y ago
bitcoin is not just an asset. hardcore supporters believe you need never cash out. all other money will cash in instead. takes some time to grasp it
- QAPereo 9y agoEasy to grasp, but it takes a heavy dose of KoolAid or a desperate need to satisfy existing ideologies to believe.
- nihonde 9y agoAll currencies are assets intended to be exchanged for other assets. Go read the original Bitcoin whitepaper. It’s all about enabling transactions—not hoarding an mountain of coins like some kind of mythological dragon. Whether or not bitcoin is converted to other currencies during a transaction is irrelevant.