4 ms·
Whilst history is punctuated with previous ponzi schemes, it is also punctuated with periods that required a store of wealth outside of a national currency. I
by mtkd 13y ago
Whilst history is punctuated with previous ponzi schemes, it is also punctuated with periods that required a store of wealth outside of a national currency.
I shared the author's view when BTC == $30, I'm tempering that now and starting to view it as a maturing alternative wealth store.
It may always be extremely volatile. However, now it has achieved a level of confidence, it will likely become another safe harbour in times of local currency disruption.