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Bitcoin is complicated: - buying and holding actual coins feels feels like investing in other nonperforming assets, like other currencies, or art, or gold - t
by idoh 6y ago
Bitcoin is complicated:
- buying and holding actual coins feels feels like investing in other nonperforming assets, like other currencies, or art, or gold
- the world does seem to need / want a decentralized store of value that bitcoin provides
- if you are worried about fiat currency, then just don’t hold most of your wealth in currency, just keep enough float to cover expected transactions
- bitcoin seems horrible for actual transactions, as others have stated, it can do very small number of transactions per day
- some other crypto currency will nail the online transactions part, when that happens, that will be super interesting