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If you're freely giving away money (either in the form of null transactions or putting money into mining) just to secure value that you're holding, you've clear
by nickysielicki 6y ago
If you're freely giving away money (either in the form of null transactions or putting money into mining) just to secure value that you're holding, you've clearly mispriced the asset you're trying to secure!
- shawnz 6y agoIf you put money in a savings account with interest below inflation, just to secure the value that you're holding, did you misprice the value? Or for example if you buy gold and then pay someone to watch it for you, does that mean you mispriced it?
- nickysielicki 6y agoBoth of those examples (holding money in savings account, holding paper PMs) are ultimately about liquidity, I don't see how bitcoin relates.