Post
Topic
Board Speculation
Re: If you knew Bitcoin would never change in value, would you buy it?
by
Dorion2124
on 20/03/2018, 02:58:28 UTC
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it?  My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.

No! because bitcoin will like a bank your money will not grow then why you need to buy if you cannot earn money from it, right? If thats the case i will just put my money in bank than in bitcoin because im not sure if bitcoin will not die because the price is stable and no one can use it or invest in bitcoin.