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Frankly, because other currencies are devaluing so Bitcoin is acting as a store of wealth. Over the next 50 years, USD isn't going up unless there is a short-te
by richardw 15y ago
Frankly, because other currencies are devaluing so Bitcoin is acting as a store of wealth. Over the next 50 years, USD isn't going up unless there is a short-term panic.
I bought $30 of Bitcoin just a month or so ago. Obviously they've done very well so far and I'll just leave them indefinitely to see where it goes. Yup, that increases deflation. Nice, for a change!