4 ms·

Sure, my point was that there are many reasons someone might spend money today that might be better off saved for the future, however much it may increase in va

Sure, my point was that there are many reasons someone might spend money today that might be better off saved for the future, however much it may increase in value.

troupo 2y ago
> there are many reasons someone might spend money today Yes, because that's the value of money. Bitcoin isn't money. It's a speculative asset precisely because people are hoping its value will only go up.
- oneeyedpigeon 2y ago
  I'm speaking from experience. I literally spent Bitcoin last week that I would rather have held, because I needed the money.
  - troupo 2y ago
    And yet, en masse Bitcoin is used as speculative investment, not money.
    - deleted 2y ago
      [deleted]
    - npoc 2y ago
      All investments are speculative.
- robertlagrant 2y ago
  > It's a speculative asset precisely because people are hoping its value will only go up. This is the same for any currency trading.
fastasucan 2y ago
Yes, bur you dont want to limit your populations spending to just those essential items.