Rik Bitter wrote:If you don't see the utility in a decentralized currency that cannot be manipulated by governments, then I don't know what else to tell you.
What's the utility? Nobody can answer this question. Saying "I don't see why you can't see it" isn't saying what it is.
Sure, there's hedging against the US dollar. I can do that in a thousand ways. With real assets that have real uses.
What can I do with bitcoin that I can't do with a Paypal account?
Also, saying that it can't be manipulated by governments is an assumption.. and a false one.
Rik Bitter wrote:Like I said before, the only test of a fad is if it endures over time. As BTC soars over $55K USD I'm liking my bet and I hope you at least hedge yours a little bit.
I don't buy assets with no intrinsic value at the top of bubbles.
Rik Bitter wrote:
BTW welcome to BS.
Thanks for the welcome, appreciate it.