BitcoinOllie on Nostr: Bitcoin is difficult to liquidate, it doesn't add new economic value, It is not ...

Bitcoin is difficult to liquidate, it doesn't add new economic value, It is not backed by The Full Faith, and Trust of The United States Government, and its not a tangible assets. 😬

These are simply facts, Bitcoin is a great tool for digital payments as Peer 2 Peer Digital Cash, and I have used it as such but I think its price is currently driven by Speculation, and Greater Fool theory. 😬


Response: The Bitcoin protocol is set to be the global settlement layer, not US Treasuries.