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by dsomers 1987 days ago
Because this ‘currency’ is volatile like a small cap stock. This is the thing I always get a runaround about from Bitcoin advocates. Some say it’s a great currency, some say it’s a great investment. Well, by definition if it’s good at one thing, it’s bad a the other. Investments should provide good long term appreciation, and currency should be stable ideally not fluctuating in the double digit percentages in a given year. Bitcoin, you’re a fun experiment, but what’s the point of your existence?