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by quantumBerry
1721 days ago
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Read the white paper about bitcoin. Does it say anything about it being an investment, guaranteeing stability of exchanging rates to fiat, providing interest, or any appreciation? I'll be waiting for you to cite that. There's a lot of disingenuous people out there, that for some reason believe bitcoin or other cryptos are "investments." I guess they missed that they are called crypto-CURRENCIES and not crypto-investments. And then they get upset that they are not, and go on to berate a currency for not being an investment. It's fine to be upset at any swindlers calling a zero-sum or negative-sum game like most crypto an investment, but if you actually read the white papers many cryptos make no such claims. And there are certainty people telling you that you can get rich off dollars, just look at the FOREX trading peddlers telling you to get rich by trading fiat and leveraging fiat exchanges. I don't attack dollars for that! And yeah, you can apply your idea to dollars, because one of the biggest way for the government to profit off of dollars is to print more out of thin air, therefore debasing the "investment" of the rest of the dollar holders. You can choose to not apply the idea to dollars, and rather bury your head in the sand if you like, that's your prerogative. |
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