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by spiorf 1649 days ago
The author looks at this from the perspective of making money.

Bitcoin is a form of money.

It's like HTTP/HTTPS vs IPv4/IPv6. Bitcoin operates at a lower level than stocks, looking at it from that perspective is like looking at the facebook home page and trying to understand the value of IPv6.

Investing/speculating is all about increasing a counter. Here we are talking about another separate counter.

1 comments

Investing is about increasing production capacity or production efficiency, with the expectation of getting a positive return on investment in the future. Everything else is not investing, but speculation.
> with the expectation of getting a positive return

With the expectation of increasing the counter.

Exactly my point.