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.
Tiago
npub1sr…ltp4j
2024-03-26 03:52:52
Author Public Key
npub1srd6jd574mel24dzja8r4v6hye2wq95c56tz9xq5uen0nscx6h5qsltp4jPublished at
2024-03-26 03:52:52Event JSON
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"id": "a7a45f2208ee88a95a2058e036a89cc8c40658609034df0a341c6fc8d97d7f7c",
"pubkey": "80dba9369eaef3f555a2974e3ab3572654e01698a696229814e666f9c306d5e8",
"created_at": 1711425172,
"kind": 1,
"tags": [],
"content": "Bitcoin today is more like:\n\n\n1- Investment or 2- Store of value\n1- Dollar or 2- Gold\n\n\nFor me, Bitcoin os more like the Gold as a Store of Valeu.\n\n\nWhy?\nBecause 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. \n\nWhy don't I see Bitcoin as an investment?\n\nBecause 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\nSo, the only way to make profits from it is through speculation and that is not what I call a long-term investment.\n\n\nIn short, Bitcoin will maintain its purchasing power, but it still cannot make you earn above inflation consistently.",
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}