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by driverdan 5225 days ago
What does PayPal have to do with Bitcoins? Trying to buy or sell Bitcoins with PayPal is foolish.
1 comments

Right. So no liquidity solution then. It's foolish, obviously, because it doesn't work: it looks like fraud. As it does to all the other banks out there. So bitcoins are illiquid. They're like oddball collections. "Valuable" to a few, but basically useless as an "investment" to people with liquidity requirements.

One corrolary you'll note is that because they are both illiquid and volatile, they even suck as a speculative investment: if you make a bad bet you can't get out of it.