4 ms·
"Store of value"
by aviv 9y ago
"Store of value"
- dominotw 9y agoCan't wait for "I told you so" gloating.
- donkeyd 9y ago"1 BTC is still 1 BTC" seems to be a popular saying in the Bitcoin forums.
- heifetz 9y agoand BTC is becoming less useful in the real world (unless you convert it to a real world currency)
- donkeyd 9y agoYea, it's a shame. I couple of years ago, I ordered a pizza in BTC. It was odd, because the price of the pizza in BTC would swing up and down while in the payment time window. It was also cool. Now it's no longer cool, it's become a money grab for some and a huge bummer for a lot of people who got in in December with they end of year bonuses. The innocent fun has disappeared and transaction fees an times have gone way beyond buying a pizza.
- perseusprime11 9y agoOnly true if there is no way to convert a bitcoin to USD.
- aviv 9y agoWhich is why the exchangers are the weakest link, and why world governments are bound to attack cryptocurrencies from that angle.