I don’t know why I can’t get this across. BTC isn’t money and can’t be money but as a store of value the more money there is invested the less opportunity for manipulation and the greater the defense against inflation. So while it can’t be money, it sure can provide a medium of exchange, and if we are very, very lucky, a store of value. However, it is far too easy to see states taking it over (yes), and it is far too easy to see states heavily regulate it as a means of preventing money laundering. (that’s why banks may avoid it). But as a ‘common man’s store of value’ it has potential assuming volatility can be constrained by volume. The basic problem with gold is that there literally isn’t enough of it, and it’s too easy to manipulate the price.

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