Tiago on Nostr: Bitcoin today is more like: 1- Investment or 2- Store of value 1- Dollar or 2- Gold ...
Bitcoin today is more like:
1- Investment or 2- Store of value
1- Dollar or 2- Gold
For me, Bitcoin os more like the Gold as a Store of Valeu.
Why?
Because BTC is finite and scarce. It will not be possible to create more over time, as is the case with gold, which is a reserve of value.
Why don't I see Bitcoin as an investment?
Because it doesn't generate revenues, income, interest or divdends. So the only way to make a profit would be speculation, and this is not what I call a longo term investmant
So, the only way to make profits from it is through speculation and that is not what I call a long-term investment.
In short, Bitcoin will maintain its purchasing power, but it still cannot make you earn above inflation consistently.
1- Investment or 2- Store of value
1- Dollar or 2- Gold
For me, Bitcoin os more like the Gold as a Store of Valeu.
Why?
Because BTC is finite and scarce. It will not be possible to create more over time, as is the case with gold, which is a reserve of value.
Why don't I see Bitcoin as an investment?
Because it doesn't generate revenues, income, interest or divdends. So the only way to make a profit would be speculation, and this is not what I call a longo term investmant
So, the only way to make profits from it is through speculation and that is not what I call a long-term investment.
In short, Bitcoin will maintain its purchasing power, but it still cannot make you earn above inflation consistently.