When Bitcoin is the "only real" currency, why are Bitcoiners still talking about buying Bitcoin instead of selling fiat?
And why are they talking about "Bitcoin going up" instead of "the dollar dropping"?
And why do I so often hear that gold is not a good asset. But when Bitcoin is going down, they say "gold also went down"? Does that make anything better? So you compare Bitcoin with something that is a bad asset in your logic, but use it to justify the bad performance?
It kind of shows their philosophy and points toward Bitcoin being just a speculative asset.
When Bitcoin is the "only real" currency, why are Bitcoiners still talking about buying Bitcoin instead of selling fiat?
byu/cHpiranha inbtc
Posted by cHpiranha
5 Comments
You see gold is not a good value storage because its heavy, its much easier to own air and give it a price tag.
Yes, for as long as bitcoins worth is measured in other currencies, it’s just a digital asset. A very expensive and a very much completely useless digital asset.
The Bitcoin is money narrative broke in 2017 when BTC refused to scale. Everything you hear now is just marketing for the “number go up” casino.
Wait until they figure out the implications of having a creator who is an unknown mystery person.. 🐈📤🎒
We just need Saylot to pump another 100B into it and it’ll regain 100k!