Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gab0
on 21/12/2017, 22:00:40 UTC
If you think the vision of "digital gold" will win then maybe you should hold 2 BTC per BCH.  

Here's why you're wrong:

Yes I believe Bitcoin is digital gold. That's why I buy and hold it. Rarely spend it. Holding is what gives it value, as well as a store of value.

Even if I thought that BCash was good for spending (which I don't), I don't have to hold it. I can just buy and spend it whenever I want, on the fly, as needed.  But why even do that when fiat will do the same thing.

Gresham's Law at work, dude.

Have you had the opportunity to read about the "Thiers' Law"?
https://www.reddit.com/r/Bitcoin/comments/3w2vqo/thiers_law_the_reverse_of_greshams_law_rolnick/

Edit: Either way, does not the law say that you mention that bad money expels good money? I do not understand your logic.