[knorker]

No, that's not what it is.

That's not why people buy BTC. They buy it because it's going up.

[xxxxxxx12]

The ceiling of BTC is infinite cause USD is always falling (due to the simple dynamics of virtually every fiat system) towards a floor of 0.

[knorker]

Ok coiner.

[gher-shyu3i]

They'll buy it if it doesn't go up either (and doesn't go down obviously). Hedging against inflation is a huge benefit.

[DataGata]

If it were a hedge against inflation, it would behave like a hedge against inflation, and yet it shows no similar characteristics to preexisting inflation hedges? hmmmmm

[xxxxxxx12]

> yet it shows no similar characteristics to preexisting inflation hedges

Is that because, so far, if you were to measure since its inception, it's outperformed any other hedge against inflation?

[CRConrad]

So did tulip bulbs, for a while.

[xxxxxxx12]

tulip bulbs aren't a gargantuan decentralized computer network

[CRConrad]

Non sequitur. That wasn't what I was replying to.