Re:MasterCard to open up network to cryptocurrencies
by uncletammy on Thursday February 11, 2021 @11:45AM
(#26103759)
> If itβs in your best interest to buy and never sell, why would anyone want to use it for exchange?
It's not in your best interest to buy and never sell. Current investors are just incredibly short sighted. If bitcoin isn't usable by (and useful to) the majority of the world, it will never get enough investment to serve as a buffer against the drastic price swings caused by speculators.
Smart investors know that simply holding coins isn't enough in the long run. Finding new use cases and encouraging adoption and use is the only way crypto stands a chance.
It's not in your best interest to buy and never sell. Current investors are just incredibly short sighted. If bitcoin isn't usable by (and useful to) the majority of the world, it will never get enough investment to serve as a buffer against the drastic price swings caused by speculators.
Smart investors know that simply holding coins isn't enough in the long run. Finding new use cases and encouraging adoption and use is the only way crypto stands a chance.