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A comment on Why I'm Putting All My Savings into Bitcoin (2011). Parent comment

Re:Why I'm Putting All My Savings into Bitcoin (2011) by unalakleet on Monday August 24, 2020 @08:14AM (#24259845)
Holding is using. There's a reason people like PTJ and now MicroStrategy just hold it. And a lot of it.
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Re:Why I'm Putting All My Savings into Bitcoin (2011) by loceng on Monday August 24, 2020 @09:03AM (#24260205)
Holding for greed or risk diversification isn't using in the classical use of the term using - it's using it to mitigate potential risk and/or to earn wealth if society is tricked into using this mechanism that unnecessarily transfers wealth from late adopters to earlier adopters.
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Re:Why I'm Putting All My Savings into Bitcoin (2011) by unalakleet on Monday August 24, 2020 @09:13AM (#24260284)
>using it to mitigate potential risk

Sounds like using to me.

>earn wealth if society is tricked

You might want to read the reasons PTJ and MicroStrategy are holding it.

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Re:Why I'm Putting All My Savings into Bitcoin (2011) by JoshTko on Monday August 24, 2020 @08:26AM (#24259921)
Who is PTJ and what is MicroStrategy?
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Re:Why I'm Putting All My Savings into Bitcoin (2011) by asselinpaul on Monday August 24, 2020 @08:38AM (#24260015)
- https://en.wikipedia.org/wiki/Paul_Tudor_Jones

- https://www.businesswire.com/news/home/20200811005331/en/Mic...

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