Hacker News new | ask | show | jobs
by shaman1 897 days ago
Are you hoping for it to remain the same or are you hoping for an increase compared to usd? Asking because you mentioned stored. What if you could buy shares with btc? If value just sits there and is not used in a productive way - things companies try to do - you're subscribing to a very static world view. It might make sense if you are close to retirement - where people usually move to stable assets - but generally you want your assets to be used in a productive way rather than hidden away.
1 comments

Remain the same value or price?

If it remains the same value its USD price will increase at the rate of devaluation of the dollar which is 7% on average (value halves every decade)

If I wanted to make my bitcoin "productive", I could lend it to businesses and then receive interest on top - so bitcoin would go up in price at 7% and then I'd also receive back 5 to 10% more bitcoin per year.

No other asset will ever come close to this, without taking on risk or extra work. Which is why bitcoin will very likely also go up 2000% in value over the next decade.