Post
Topic
Board Serious discussion
Re: Bitcoin is on a cliff edge.
by
Spendulus
on 10/12/2018, 23:59:19 UTC
....Bitcoin wasn't designed to be a volume payment service for everyday payments. The limits built into it prevent that. However is is a great store of wealth, and it has a great wealth exchange facility. ...

Some might argue that a "great store of wealth" should not have high volatility. But regardless, I do believe that 2018 brought BTC into the mainstream of finance, investment and savings, as a vehicle in the considerations and calculations of wealth.

Some time back, perhaps around 2005, gold became accepted in investment portfolios. It came to be accepted that some percentage, such as 5-10% in hard precious metals, was not unreasonable.

I believe that's where we're headed with "digital gold."