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Re:Bitcoin Surges Past $7,000 to Extend Record Rally by wolco on Thursday November 02, 2017 @10:44AM (#15610824)
In some ways we all are but I think we are forgetting the most important aspect. Using it for payments. That utility use case is more important because at some point the price will go down
Re:Bitcoin Surges Past $7,000 to Extend Record Rally by Scea91 on Thursday November 02, 2017 @12:27PM (#15611845)
That is the problem with deflation. People expect that their money will be worth more tomorrow so they are more reluctant to spend it.
Re:Bitcoin Surges Past $7,000 to Extend Record Rally by wolco on Thursday November 02, 2017 @06:37PM (#15614951)
But if you use it as a currency you exchange money for bitcoin as soon as possible and use it when required. Money is always increasing so you try to earn more.