People keep saying Bitcoin has no cash flow.
That is true. But why assume cash flow is the right test in the first place?
A monetary asset is not supposed to look like a business. The real question is whether it can preserve purchasing power better than the alternatives.
Posted by Myntad_com
3 Comments
Low IQ
I don’t understand, my cash flows to Bitcoin almost every week.
they simply do not understand bitcoins compounding nature. it has two compounding methods from what i can see. 1.) If bitcoin rises 3 percent and then again another day, its a 3 percent increase on a higher number. 100k bitcoin a 3 percent gain is only 3k. a 1 million dollar bitcoin increase of 3 percent is over 30k. 2.) When the dollar loses 3 percent value per year, its losing 3 percent off a smaller number than last year.