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Couldn't someone achieve the same goals with fractional share investing which also comes with many more legal protections than crypto?

• WrtCdEvrydy 6y ago
  1 Bitcoin is worth 1 Bitcoin so a government printing more money can't hurt your Bitcoin, only make it more pricy. This assumes that you can pay for something in Bitcoin directly (which was a common thing a few years back)
  • OminousWeapons 6y ago
    If I'm understanding correctly, what you are saying is that Bitcoin is fundamentally different than say a share of Amazon because inflationary activity could actually damage Amazon as a company and therefore lower the price of Amazon shares long term whereas Bitcoin cannot be damaged in such a way because it's value is not based on any real economic activity?
    • WrtCdEvrydy 6y ago
      > whereas Bitcoin cannot be damaged in such a way because it is not based on any real economic activity No, Bitcoin has economic activity from transactions on the Blockchain (peer-peer) and mining activity (system-miner). This activity cannot often by disrupted by another currency minting a lot of other currency.
      • OminousWeapons 6y ago
        Got it, thanks.