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re: When to buy BTC?
Posted on 11/9/22 at 3:12 pm to Big_Sur
Posted on 11/9/22 at 3:12 pm to Big_Sur
quote:Why do you say Crypto when the thread is about Bitcoin?
Crypto isn't a hedge against inflation.
Crypto doesn't provide anonymity or protection against government seizure.
Crypto isn't uncorrelated with stocks.
Crypto isn't "hard money".
Crypto isn't going to displace the US dollar.
Crypto isn't going to be used as a currency.
Crypto is basically like a chain letter scheme that burns phenomenal amounts of energy for no reason at all.
Crypto attempted to circumvent the financial regulations, like Uber or Airbnb,that have come to exist for a reason over the past century.
1
Posted on 11/9/22 at 3:19 pm to TigerTatorTots
quote:
Why do you say Crypto when the thread is about Bitcoin?
Does anything in his post change if he specified BTC? Legit asking.
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