Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth...
by emodendroket on Wednesday September 20, 2017 @07:34AM
(#15292573)
A deflationary currency seems pretty terrible for business operations or for any major purchases (car, house, etc.) though. If it's just an asset to hold on to that's less of a concern but the volatility of Bitcoin would make me nervous.
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Re:Bitcoin’s Wild Ride Shows the Truth: It Is Probably Worth...
by dreit1 on Wednesday September 20, 2017 @09:42PM
(#15299952)
IDK I've gotten paid in bitcoin, and a variety of other alts before. Sometimes I moved into fiat, sometimes I saved it, if it can buy labor, it should be able to buy basically anything.
In fact I wish a portion of my actual salary was in Bitcoin, so I didn't have to pay exchange fees every month lol
If you're considering a long horizon, then volatility shouldn't bother you too much.