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I think Bitcoin has a promising future, but it is not like investing in stocks. When you invest in stocks it is sort of like giving a loan to a corporation so
by shawnz 6y ago
I think Bitcoin has a promising future, but it is not like investing in stocks.
When you invest in stocks it is sort of like giving a loan to a corporation so that they can spend your money on growth, to create more profits, which allows them to become more valuable. That is why stocks are expected to continually grow in value over time.
Bitcoin might be many things, like a store of value, transaction network, etc., but it is not really a long term investment vehicle except maybe as an inflation hedge.
- andrewmcwatters 6y agoYou don’t invest in stock. You invest in companies. Companies are expected to grow over time. A share does nothing. It’s a percentage.
- shawnz 6y agoJust semantics, you clearly interpreted my point just fine.