[RinaseaofDs]

Bitcoin ISN’T what is volatile. The total number of bitcoin is constant. What fluctuates is the EXCHANGE RATE of bitcoin to other currencies.

The more dollars printed, the better bitcoin looks.

[Lorianne]

This is the critical point that most people are missing I think.

It’s not whether Bitcoin is a viable currency or not ... it’s whether the dollar (and other fiat currencies) are viable currencies in relation to Bitcoin.

[PeterPrinciple]

The more dollars printed, the better bitcoin looks.

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Bitcoin reminds me of tulip mania. A hot tip on a penny stock. buying a lottery ticket because the payout has never been so high. IT IS RISKY AS HELL. There are no physical assets backing it up. It can disappear as fast as it started.

With that said, more power to them that do it. What I do find interesting is that it is perceived as LESS risky than our dollar which is backed by the “full faith and credit” of our American Government. That is the BIG STORY. Risk is relative and Bit coin is perceived as less risky.

Personally this tells me to bring my wealth closer to home and in real property and assets. And even that is FULL of risk.

You never eliminate risk, you manage it.