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> Whereas the claim for bitcoin is that it will soar in value. Why? Not so much that it'll soar - but should retain it's value because of the cap and decayed m
by wp381640 6y ago
> Whereas the claim for bitcoin is that it will soar in value. Why?
Not so much that it'll soar - but should retain it's value because of the cap and decayed mining
Further from that Buffett on his gold criticism - there is no hypothetical "bitcoin asteroid" that could hit earth and tank the value, or a new discovery
You don't have to be all-in on bitcoin, it's a hedge and a better version of the role metals play(ed). Personally my own preference is bitcoin sits somewhere between stocks and cash - that's exactly what Tesla are doing with their own cash management