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> Forgive me, I know little about crypto, and am bearish on it Forgive me, how can you form a bearish opinion on something you know very little about?
by eric_cc 3y ago
> Forgive me, I know little about crypto, and am bearish on it
Forgive me, how can you form a bearish opinion on something you know very little about?
- deleted 3y ago[deleted]
- LikesPwsh 3y agoIt's not possible to sustain a magic money box where everyone can put money in and get more out. Many people get that far in their thinking, realise cryptocurrency is a bad investment, and leave it there.
- eric_cc 3y agoBitcoin IS money. Record high numbers of people are onboarding to bitcoin and not coming back to fiat. It’s just as much an “investment” as the US dollar is.
- wonderwonder 3y agoThe S&P 500 would argue otherwise
- ashwagary 3y ago>The S&P 500 would argue otherwise As a matter of fact, every scarce asset with steady demand would argue otherwise.
- unmole 3y agoRight, 500 of the largest public companies in the largest economy, is equivalent to a magic money box. It's not like they collectively have hundreds of billions in revenue or anything.