Luposhi on Nostr: The fact that the value of bitcoin 📈 is rising in terms of fiat currency 💵 does ...
The fact that the value of bitcoin 📈 is rising in terms of fiat currency 💵 does not mean that it is a speculative asset.
A speculative asset 🎰 is an asset or financial instrument whose value is strongly influenced by market demand 📊 rather than its intrinsic fundamentals.
A savings asset 💰 is a component of an individual's or organisation's wealth 🏦 that is intended to accumulate and preserve value over time ⏳.
Bitcoin 🪙 is not a speculative asset; it is a savings asset 💎.
A speculative asset 🎰 is an asset or financial instrument whose value is strongly influenced by market demand 📊 rather than its intrinsic fundamentals.
A savings asset 💰 is a component of an individual's or organisation's wealth 🏦 that is intended to accumulate and preserve value over time ⏳.
Bitcoin 🪙 is not a speculative asset; it is a savings asset 💎.