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Anything that hasn't happened yet is "speculative" I guess, but in this context speculative means you bought it because you think you can sell it for more tomor
by ineptech 5y ago
Anything that hasn't happened yet is "speculative" I guess, but in this context speculative means you bought it because you think you can sell it for more tomorrow, as opposed to buying it for its intrinsic value.
- wyager 5y agoRight, like USD, except replace "for more" with "not too much less".
- ineptech 5y agoAh, I think I see the misunderstanding now. I argued that cryptocurrency is only speculative, and hence unlike a currency which has other uses. I did not argue the inverse (that currency only has other uses, and is not speculative).