Post
Topic
Board Bitcoin Discussion
Re: Fundstrat’s Tom Lee: 99% of USD is Speculative, Why Discredit Bitcoin?
by
Darker45
on 04/11/2019, 02:33:36 UTC
Bitcoin critics say that the cryptocurrency should never be regarded as a means of exchange because it’s mostly used for speculation. Fundstrat’s Thomas Lee disagrees with this statement, saying that most of the US dollars are used for speculation as well.

https://bitcoinist.com/fundstrats-tom-lee-99-of-usd-is-speculative-why-discredit-bitcoin/

Who is not speculating? Even the 1% buying public has some rough speculations running inside their heads, about what will happen to the USD's value in the next years, about how much purchasing capacity would be left with their monthly allocation for groceries in the next couple of years, about whether the upcoming elections' results would somehow affect it, and so on. Bitcoin adversaries will have to think of new arguments. This kind of loose argument will not sway the public's view on Bitcoin.