Except no one is expecting a 401k or a municipal bond or their house to be used as currency. That's what Bitcoin is touted as but for now st least it's mostly an illiquid store of value. If you're looking at it as a speculative play and are willing to take the risk that's fine. But as of now Bitcoin will only go up in value if enough people are convinced it will and buy in. Otherwise the smart money waits for significant drops in value to buy in. That leaves those buying at the top holding the bag.Your correct its meant to be $ RE is not. Is being house poor living? If you want chips spend dollars. 7-11 takes no gold or pension statements. Why use a semi to grocery shop when you can use a compact.
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