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The great thing with Bitcoin is that everybody gets the price what they deserve. Those ,,whales’’ are whales because they risked their capital when it was riski
by xiphias2 5y ago
The great thing with Bitcoin is that everybody gets the price what they deserve. Those ,,whales’’ are whales because they risked their capital when it was riskier to own, not because they were from wealthy families. It’s still a risky investment of course, so I understand that most people don’t want to own it.
- duhast 5y agoBonds are a form of lending and pay coupons. Shares experience capital appreciation from business growth and pay dividends from profits. Houses bring rent. How does Bitcoin create wealth?
- landemva 5y agoMost understand a gold coin, or btc, don't generate wealth. They store wealth and shift it across space and time.
- kybernetikos 5y agoNot bitcoin per se but lots of cryptoassets do produce wealth in similar ways. There are tokens on ethereum than give you interest based on lending out your deposit just like a bank does. You can also get paid fees for providing liquidity for traders. You can also get paid for securing the cryptoasset system in a PoS system although I don't think that has an equivalent in the fiat space.