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Sean HymanSean Hyman
Keymaster
Post count: 5579

By the way, bitcoin is down almost 20% intraday now. Massive bubbles carry massive risks. And they have no idea why they’re in it or what “fair value” would be in it. So, it causes panics in it very easily.

Could you imagine something so volatile actually being used as a currency? It’s why…it’s not a currency. If one were buying with bitcoin, today, your products would cost you 20% more than it did yesterday. it’s not a currency. It’s not a “store of value”.