[oblib]

"1,000 People Who Own 40 Percent of the [bitcoin] Market"

That, right there, is just one problem with Bitcoin, and it's a big one.

https://www.bloomberg.com/news/articles/2017-12-08/the-bitco...

[eberkund]

How is that any different from US dollars?

https://www.theguardian.com/global-development/2017/jan/16/w...

[oblib]

US dollars are mostly invested in financial securities which have hard assets like factories and real estate.

Bitcoins have no hard asset backing them up. They are based on "irrational exuberance".

[quickthrower2]

The market can stay irrational longer than your FOMO regrets can resist buying in.