Reply to If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?

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Reply to "If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I honestly don’t understand this stuff. Like, what’s the endgame - Bitcoin gets to $1 million? $10 million? And then what? Can you do anything with it other than trade it like digital Pokémon cards?

Is it ever going to be used for transactions? If so, why isn’t it already being used for this purpose?

Is it going to replace the US dollar? Why would the government ever allow that, and give up its enormous power, instead of making it illegal?

How is it a store of value? A house is a store value because somebody can live in it.  Stocks are a store of value because you get a stream of earnings. But what is being stored with Bitcoin?  OK, there is a “limited supply,” but so what? If Bitcoin went away tomorrow, what value would be lost except for the money that people have spent buying it??[/quote]
All the answers are online. You just haven't bothered to do some research. What value does gold have? We can't eat it. We can't use little peaces to buy anything every day. What value does fiat currency have if every country can keep printing it. Can't keep printing Bitcoin. More gold can be found and it happens all the time as price goes up. 
Bitcoin is new technology, so no wonder people are scared. The idea is not new, the technology had to catch up. [/quote]

DP. Gold is a tangible asset. Bitcoin is not. [/quote]

These are really novice level criticisms. There are answers. You don’t have to buy them but there are answers. Spend some time listening to Saylor. The world values Bitcoin at 2 trillion- so it’s we’ll beyond nonsense status. [/quote]

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