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If BTC is to ever become a serious currency it needs stability and market penetration. You don't "invest" in a currency, that's really not very useful for doing
by lordCarbonFiber 13y ago
If BTC is to ever become a serious currency it needs stability and market penetration. You don't "invest" in a currency, that's really not very useful for doing the things currency is useful for (i.e buying necessities). All of the people treating BTC as a speculative asset, hording it and playing market games to make huge gains off the idiots that buy high and sell low; these are the people actively hurting the chance of wide adoption. The investments you're seeing, in the infrastructure, that is the smart choice. Not just for the investor but also for the success of the currency. In short, there is no game of chicken going on, just smart investors continuing the smart investing and knowledge of money that made them huge players in the first place.