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comment by mk
mk  ·  3596 days ago  ·  link  ·    ·  parent  ·  post: Why you can't "invest" in bitcoin.

Probably more so than the roulette table.

This article is weird. The author seems to miss the point that bitcoin isn't simply a digital currency without any other characteristics. The digital currency BTC is a facet of the bitcoin network. Buying BTC is more like investing in the Euro. A Euro will always be a Euro, but the number of Big Macs that a Euro can buy might increase if the Eurozone is doing well and there is an increase in the demand for Euro's.





user-inactivated  ·  3596 days ago  ·  link  ·  

This was basically my point. Even holding dollars is to some degree "speculative." Holding Swiss francs at the moment certainly is. To differentiate btc, gold, currencies, metals, stocks -- it's shades of grey.