4 ms·
>So as long as your time horizon is 4+ years, it's the best savings technology you could ask for. My US Hay, Confederated Slaveholdings, and buggy whip stocks
by midislack 4y ago
>So as long as your time horizon is 4+ years, it's the best savings technology you could ask for.
My US Hay, Confederated Slaveholdings, and buggy whip stocks were shooting up for a long time, they must still be great investments.
- rufusroflpunch 4y agoBitcoin isn't a stock. It has no counter party risk and doesn't offer returns. It is a monetary good. It's akin to holding a commodity metal like gold or silver, but it has comparative advantage in that it has no competing utility, it is only useful as a money.
- midislack 4y agoIt's not a monetary good. It's a virtual scrip with mathematical basis.