To: Errant
the volatility of bitcoin doesn’t matter. it’s meant as a temporary transfer medium, not a currency to keep under your mattress (on a thumb drive)
27 posted on
01/04/2014 7:33:41 AM PST by
sten
(fighting tyranny never goes out of style)
To: sten
This ‘store of value” seems to be the biggest public misconception about bitcoin. Schiff doesn’t seem to get it either.
30 posted on
01/04/2014 7:45:39 AM PST by
DManA
To: sten
Not a bad point and something that should be considered as it relates to all mediums of exchange (currencies). Who knows what value even the dollar will lose over the next ten to twenty years. Look how much value it has lost over the last ten to twenty years, while the printing of dollars keeps increasing.
32 posted on
01/04/2014 7:49:04 AM PST by
Errant
(Surround yourself with intelligent and industrious people who help and support each other.)
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