Gold is a store of value as people buying #gold now will be able to sell it in the future to buyers who actually need to use gold as a metal. #Bitcoin’s value comes from the belief that it can be resold at a higher price in the future to speculators willing to make the same bet.
Tag: Belief
Morning all you happy BTC loving people. So looks like the long term prediction $BTC played out perfectly. I hope you rode that train and made the gain :) These yearly channels are just Alpha beyond belief, it got the $ value almost perfect. Play Safu, and have a great NY.
Morning all you happy #BTC loving people. So looks like the long term prediction $BTC played out perfectly. I hope you rode that train and made the gain 🙂 These yearly channels are just Alpha beyond belief, it got the $ value almost perfect. Play Safu, and have a great NY. https://t.co/WMJ0dah63U
@DTAPCAP I like @jeffreyatucker, and he is a smart man, but his analysis here is hardly brilliant. Bitcoin’s only value is the belief that anyone buying it will get rich. It’s more of a lottery ticket than it is money. When the bubble deflates this perceived value will be lost.
@DTAPCAP I like @jeffreyatucker, and he is a smart man, but his analysis here is hardly brilliant. #Bitcoin’s only value is the belief that anyone buying it will get rich. It’s more of a lottery ticket than it is money. When the bubble deflates this perceived value will be lost.
It’s amazing that markets have calmly accepted the widely-held belief that the Fed will respond to rising inflation expectations by printing even more money to buy bonds to keep yields from rising. Fighting inflation with inflation guarantees inflation wins and the dollar loses.
It’s amazing that markets have calmly accepted the widely-held belief that the Fed will respond to rising inflation expectations by printing even more money to buy bonds to keep yields from rising. Fighting #inflation with inflation guarantees inflation wins and the dollar loses.
@AdamLocklin @brucefenton Who, me? I believe diversity makes any organization stronger. I can also hold the belief that forcing diversity upon an organization is immoral.
@AdamLocklin @brucefenton Who, me? I believe diversity makes any organization stronger. I can also hold the belief that forcing diversity upon an organization is immoral.