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Bitcoin 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
by rufusroflpunch 4y ago
Bitcoin 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.