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Currency is something that isn't a store of value. Cash should be thought of as a depreciating asset like a car. We do need bubbles though - it just a way throu
by candyman 5y ago
Currency is something that isn't a store of value. Cash should be thought of as a depreciating asset like a car. We do need bubbles though - it just a way through an investment cycle in something new. In January 2009 NVDA was below $10 and the investment community certainly didn't appreciate the longer term future there. Coinbase (COIN) is a very interesting idea these days. It's not easy to see the long term but that was true for NVDA and FB at the IPO when the shares tanked to $18.
- deleted 5y ago[deleted]