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BTC is not like a bond at all. A bond is a collection of future cash flows (coupon payments) and a principle payment at the end (or for savings bonds/t-bills, y
by quickthrowman 5y ago
BTC is not like a bond at all. A bond is a collection of future cash flows (coupon payments) and a principle payment at the end (or for savings bonds/t-bills, you are buying one future payment for a discount).
BTC has no intrinsic value or cash flows or earnings or assets or..
- mech422 5y agosimple analogy was simple.. Would you prefer comparing it to gold ? Art ? collecting sneakers ? or Comic books ? how about buying land ? Edit: I should probably clarify..People buy/collect lots of things in the _HOPE_ they'll increase in value. BTC and crypto in general is not unique in that regard.
- quickthrowman 5y agoGold, art, sneakers, comics— yes, those are comparable to BTC. Land is not, as land investments are usually based on future cash flows, which BTC doesnt have.