Kingcat
2022-03-29

Voted yes because like fiat currencies, bitcoin's value is not necessarily linked an equivalent physical commodity of value, it just need to have the same characteristics as money; durability, portability, divisibility, uniformity, limited supply, and acceptability (which we are seeing it happening now, albeit slowly). 

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Comments

  • BellaFaraday
    2022-03-29
    BellaFaraday
    Really wish there would be more official support for Bitcoin.
  • Maria_yy
    2022-03-29
    Maria_yy
    Bitcoin's limited supply makes it more valuable than the dollar.
    • KingcatReplyMaria_yy
      yes hard to say. but more likely Ethereum than Dogecoin
    • Maria_yyReplyKingcat
      The only worry now is not knowing if other cryptocurrencies will take Bitcoin’s place, like Musk’s favorite Dogecoin.
    • Kingcat
      agree. wonder what will happen once its supply (minting)  stops
  • ElvisMarner
    2022-03-29
    ElvisMarner
    I believe bitcoin will rise to around 50,000.
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