Thread: Money Bitcoin Take?
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Old 05-12-2021, 07:47 PM   #2675
ChiefRocka ChiefRocka is offline
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Join Date: Feb 2012
Location: DE
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Quote:
Originally Posted by |Zach| View Post
Bitcoin has been a good investment because it’s a bad currency, but if it’s a bad currency, why would it be a good investment?

Bitcoin/Gold are not good currency, they’re an effective store-of-value vehicle. One has thousands of years of price discovery, the other is a decade old technological innovation

Why would digital gold go up so much more than actual gold if that’s the sole source of its value?

It has better characteristics of a Hard Money, not worth more than gold currently. Research market cap.

I don’t actually give a shit it’s just funny watching you guys get your lives all wrapped up in it while being one tweet away from it sinking a lot of you

If you cant handle 15% dips you don’t deserve the 800% gains.
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