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It is weird, if you can't buy and sell with bitcoin daily(whatever that means) what value does it have for you?
by sorokod 8y ago
It is weird, if you can't buy and sell with bitcoin daily(whatever that means) what value does it have for you?
- mathattack 8y agoIlliquid investments can still have value if they’re out of the reach of governments. (Governments can’t decide the exchange rate, or tax/confiscate them) This is a stretch in the US, but less so elsewhere. I’m not a holder because it’s too speculative an investment for me.
- sorokod 8y agoSo what happens when one actually does wants to liquidate?
- mathattack 8y agoGo into another currency. (Yes it’s risky, but not compared to cash in Venezuela)
- tedunangst 8y agoHow does one liquidate an illiquid asset into another currency?