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by desumeku 473 days ago
Great argument. "I don't believe it has value, so it doesn't." Well, keep telling yourself that. I'm sure you feel just as smart as you did when you dismissed bitcoin at $1,000, and you'll feel just as smart dismissing it at $1,000,000.
1 comments

I’m not dismissing it. I’m saying that it’s different than traditional investments since most of the potential uses are still speculative, whereas it’s pretty obvious what value you can get from ownership of a company or a barrel of oil.