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not even. if one wants to invest for the long term in a commodity, they d pick gold, for the simple reason that it won't rust. Bitcoin may fold tomorrow if a cr
by buboard 8y ago
not even. if one wants to invest for the long term in a commodity, they d pick gold, for the simple reason that it won't rust. Bitcoin may fold tomorrow if a cryptographic weakness is found, its just too risky to be an investment grade commodity. But since it's not a currency either, it has become just a game for speculators, and it will remain so until the people who actually need the tech start puttting it to use en masse.