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Because to many people it is not the digital equivalent of stuffing money into your mattress; it is the exact opposite. It is the digital equivalent of investin
by simonsarris 15y ago
Because to many people it is not the digital equivalent of stuffing money into your mattress; it is the exact opposite. It is the digital equivalent of investing.
Hell its not even the digital equivalent of investing. It's just plain old investing. (Or speculating, you might say)
- rbanffy 15y agoYou can invest in a foreign currency and BTC is as foreign as it can possibly get
- lukesandberg 15y agoYeah but when you do currency speculation you can hold the assets in banks and be protected by deposit insurance.
- sliverstorm 15y agoWhat you're saying is currency speculation is usually safe. You should be familiar with the old tradeoff- safety (aka risk) vs reward. Traditional currencies do not fluctuate very much. Bitcoin does, and being a fledgling currency, has the potential to explode in value.