4 ms·
No, that's not what it is. That's not why people buy BTC. They buy it because it's going up.
by knorker 6y ago
No, that's not what it is.
That's not why people buy BTC. They buy it because it's going up.
- gher-shyu3i 6y agoThey'll buy it if it doesn't go up either (and doesn't go down obviously). Hedging against inflation is a huge benefit.
- DataGata 6y agoIf it were a hedge against inflation, it would behave like a hedge against inflation, and yet it shows no similar characteristics to preexisting inflation hedges? hmmmmm
- xxxxxxx12 6y ago> yet it shows no similar characteristics to preexisting inflation hedges Is that because, so far, if you were to measure since its inception, it's outperformed any other hedge against inflation?
- xxxxxxx12 6y agoThe ceiling of BTC is infinite cause USD is always falling (due to the simple dynamics of virtually every fiat system) towards a floor of 0.
- knorker 6y agoOk coiner.