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Except bitcoin isn't speculative, bitcoin has real value. It makes a great hedge against inflation and the global demand for it is a testimony to that. While i
by sodafountan 9y ago
Except bitcoin isn't speculative, bitcoin has real value. It makes a great hedge against inflation and the global demand for it is a testimony to that.
While it's true that we could be seeing over-inflated prices now or in the future, I FULLY believe that the value of bitcoin will always increase over the long term.
It's a principal of the technology it's deflationary.
That's not a bubble my friend.
- imtringued 9y agoThe problem is it's increasing faster than inflation right now. That also means at some point it has to go down again to match the inflation rate.
- lurr 9y ago> Except bitcoin isn't speculative, bitcoin has real value because zealots say so.
- sodafountan 9y agoBecause people vote with their dollars
- deleted 9y ago[deleted]