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At least with corn and soy futures there is an asset with intrinsic value and some unpredictability due to weather / disease / yield / etc. In contrast, Bitcoi
by seieste 7y ago
At least with corn and soy futures there is an asset with intrinsic value and some unpredictability due to weather / disease / yield / etc.
In contrast, Bitcoin is only valuable because people assume others find it valuable. That seems like a currency, but most currencies have lower volatility and are used by a whole lot more people.
So, bitcoin trading really doesn’t make any sense to me.