[Seaplaner]

Bitcoin is like buying air and somehow trusting that it will go up in value.

When it collapses, and one strongly suspects that it will, many nice, however foolish peeps will be ruined

[PeterPrinciple]

Bitcoin is like buying air and somehow trusting that it will go up in value.
When it collapses, and one strongly suspects that it will, many nice, however foolish peeps will be ruined

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I am not sure there is any safe harbor. Been Thinking a lot. Never invest in anything you don’t understand, instead, buy a lottery ticket.

By the way, how are lottery tickets doing? don’t see the ads anymore.

[sinsofsolarempirefan]

The value of bitcoin is it is a medium of exchange that is beyond the control of governments and hedge funds.

In that sense, it has just as much intrinsic value as gold, which apart from a few industrial applications in small amounts has no real practical value that would otherwise justify its high price.