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Reply to "percent of portfolio in bitcoin?"
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[quote=Anonymous][quote] The whole point of it is a hedge against the built-in inflationary trajectory of government-issued currencies. It plays the same role gold has for 1000s of years. People still repeating tired talking points about money laundering and tulips and ponzis simply don't know what they are talking about. [/quote] People who repeat tired talking points about Bitcoin as an inflation hedge don't know what they are talking about. It doesn't have a history of working this way. Gold (overpriced as it is) has some intrinsic value. Bitcoin does not. You need to explain to those of us who "don't know what we are talking about" why anyone would want to own Bitcoins. You make fun of us as being Luddites, but you haven't explained why we are wrong.[/quote]
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