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To: Osage Orange

I do not understand BITCOIN...”

Think of it as a common stock that can’t be diluted.

Or, as a place where real world assets (ie, time, electricity, computing power) are “converted” into a very liquid (and digital) representation. Sort of like a gold ETF.

And finally, think of it - because of its absolute scarcity - as a small and partial hedge against inflation.

Hope that helps.


90 posted on 03/13/2024 10:47:05 AM PDT by ConservativeDude
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To: ConservativeDude
Do not understand it...don't trade it. I do fine..what I've been doing...Thanks.

I do have physical silver and gold. That I understand.

I still trade stocks...mainly these days O & G..and METALS

92 posted on 03/13/2024 11:00:23 AM PDT by Osage Orange (I miss Rush)
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