4 ms·
Nobody "invest" in USD. You invest in assets which you expect to appreciate. People investing in Bitcoin do so expecting to control a portion of a finite supply
by sslayer 5y ago
Nobody "invest" in USD. You invest in assets which you expect to appreciate. People investing in Bitcoin do so expecting to control a portion of a finite supply, which defeats its purpose of liquidity.
- baby 5y agoTell that to my coworkers who converted all their euros to usd.
- sanxiyn 5y agoPeople absolutely invest in USD, in expectation of appreciation. South Korean banks sell saving accounts denominated in USD as an investment product. Money flows into it when USD appreciates and flows out when it depreciates.
- LudwigNagasena 5y agoLots of people invest in USD, especially in countries where local currencies are less stable.