Re:Not Being Bullish Enough on Bitcoin Is a Mistake
by Closi on Sunday December 27, 2020 @04:28PM
(#25554414)
> Mass Mutual’s $100 million investment isn’t “speculation”
Of course it is speculation - in fact it is pretty much the book definition of speculation (The purchase of an asset with the hope that it will become more valuable in the near future).
There are no dividends and there is no interest and any RoI is solely derived from the asset value increasing - so if it's not speculation then what is it?
Of course it is speculation - in fact it is pretty much the book definition of speculation (The purchase of an asset with the hope that it will become more valuable in the near future).
There are no dividends and there is no interest and any RoI is solely derived from the asset value increasing - so if it's not speculation then what is it?