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Viable form of money is not what is being talked about. Crypto currencies can have strong properties of ideal money. My comment said store of value which isn't
by BubRoss 6y ago
Viable form of money is not what is being talked about. Crypto currencies can have strong properties of ideal money. My comment said store of value which isn't the same thing.
> Long-term, Bitcoin is a Store of Value.
Repeating an assertion doesn't make it true. People could use bitcoin as that but saying it is true is a prediction of the future which no one truly knows and history does not support.
The big picture is that no one is going to put their money into a crypto currency whose 'big idea' is inflation. It makes zero sense. Sorry if I'm the first one to actually tell you this.