Hard to be “sound money” when there is no true use for it. Bitcoin is just a commodity, nothing less. It hasn’t been trading well if that’s your thing. Honestly hasn’t gone anywhere in 3 years when you zoom out.
Saving human lives by transitioning from traditional assets to BTC?* It's a very unpersuasive argument, to put it charitably. This is just as hyperbolic, hysterical and personal values-laden as the arguments we have seen on this thread from the other side.
In my opinion you should be able to articulate and defend your own views yourself -- not seek to make your points by plugging in the assertions of random people whose views you have merely adopted.
An appeal to the "authority" of random internet people as evidence to support your personal views is something I find weak and unpersuasive.
And I say this as somebody who is pretty all-in on Bitcoin.
*Now if this were talking about saving dog lives I might be more interested.
For the same reason I don’t teach differential equations.
I’ve provided quality resources to address questions posed.
None of it is random. You have to be humble enough to be willing to learn.
But I’ve said all I have to say about it.
People do their homework or they don’t.
This has taken enough of my time.
Thank you.
I bought more put options .
Btc is going down with the market imo.
I think we have seen the top .
Disclaimer i ve said this so many times lol.
But persistentcy wins in the end / even a blind squirl finds a nut once in a while
Years of borrowing low in Japan and investing in risk assets is coming to an end .
How much of that money went into the stockmarket and BTC ?
Welll soon find out
The CFTC defined bitcoin as a commodity because it looks and acts like a commodity. Commodities can be anything, including natural resources, but recent innovation has expanded the classification of commodities to include new developments that represent the same characteristics, such as computer memory and more recently, bitcoin. Bitcoin is interchangeable, meaning each coin is identical. Bitcoin’s price is also driven by supply and demand and is not dependent or influenced by a producer or “centralized entity.”