3 ms·
I'm confused. Who would think buying a car (any car) is an investment that would increase in value? And just because the value of Bitcoin has gone up, doesn't
by AlexandrB 1y ago
I'm confused. Who would think buying a car (any car) is an investment that would increase in value?
And just because the value of Bitcoin has gone up, doesn't mean it's not a scam. "Market can stay irrational longer than you can stay solvent."
Bitcoin continues to fail at its stated goal of being a currency - it's more like digital gold that, unlike actual gold, would be worthless in a real global crisis. A lot of bitcoin-adjacent stuff has also collapsed since 2017 (NFTs, FTX). The idea of putting everything "on the blockchain" also seems to have died.
- deleted 1y ago[deleted]