Post
Topic
Board Speculation
Re: Not Bubble - Bitcoin Growing Up, Heading to $10,000: Dave Chapman
by
sailman
on 19/08/2017, 17:55:09 UTC
Money is crystallized energy and like blood needs to circulate. I can't pay my rent, buy groceries, pay a traffic ticket or my power bill with bitcoin. I use it to buy things off Amazon and whatever else I can because until people start using it as a viable currency and start circulating it, its starting to look like a giant ponzi scheme. It's a good sign that companies like  Amazon are accepting it as well as major banks etc. they're not going to invest energy into a losing thing. So my thing is to hodl and spend, thereby supporting the idea and the community. Money/bitcoin/chickens/stones ( depending on the times you live in) need to be circulated or else they die.