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Meh, not really. At the end of the day, same as gold, bonds, stocks, fiat and real estate, I use it just to park the outputs of my production today, with what I
by afc 6y ago
Meh, not really. At the end of the day, same as gold, bonds, stocks, fiat and real estate, I use it just to park the outputs of my production today, with what I think is a reasonable expectation that I'll be able to get it back in the future (which I use together with other similar asset types). So far, it has greatly fulfilled my expectations and I have little doubts that it'll continue to do so. I consider it very useful.
But sure, you're free call it whatever you want and continue to push your world view, and miss the point that, for me, today, it is very useful.