> First, we've never seen a new form of money created in realtime, so it's hard to say how it's supposed to perform. This hasn't changed with Bitcoin. BTC is m

> First, we've never seen a new form of money created in realtime, so it's hard to say how it's supposed to perform. This hasn't changed with Bitcoin. BTC is money like a gold bar, beanie baby, or block of IPv4 addresses is money. > However, nobody should expect something that will fairly soon have the same market cap as gold (about $10 trillion dollars) to not have a lot volatility as it grows. The tech darlings of today—Apple, Google, Twitter, etc. were also quite volatile as they grew. Nobody describes the tech darlings as money, or as an alternative form of currency. They're equities you can invest in, and comes with the expected volatility. > As you may know, the mantra in the bitcoin community is to HODL—hold on for dear life, not to time the market. For long term investors, the ups and downs don't matter. It's nice that there's a backcronym that's been created from a typo. I still don't invest in money, I use money to invest in assets. Disclaimer: I remain long bitcoin (since 2012)