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This is my whole problem with Bitcoin. Too many people see it through an "investment lens". Bitcoin is supposed to be a currency not an investment at it's heart
by gonepostal 13y ago
This is my whole problem with Bitcoin. Too many people see it through an "investment lens". Bitcoin is supposed to be a currency not an investment at it's heart:
"Used as a medium of exchange for goods and services, currency is the basis for trade."
People's perception coupled with the deflationary nature of Bitcoin makes me not want to participate.
- jagermo 13y agoI think I phrased myself wrong. For me it is not an investment (as in: Buy now get rich), but more a experiment or plaything. I'm just not sure if I shouldn't wait another month or to for the BTCs to get drop again. On the other hand, they are just money, so if I have BTC worth 50 USD i should be able to buy stuff worth 50 USD (using more or less BTCs). I just need to wrap my mind around it.