Post
Topic
Board Speculation
Re: Why bitcoin will never fall?
by
Lordshiva
on 10/04/2020, 15:37:24 UTC
Bitcoin is like a dollar, only in the cryptocurrency world, well, it is worth an order of magnitude higher)
Well, another thing that can be said is that they invest in it and sell it and buy it. And this keeps the market going

This is a really bad example. You can also buy/sell(exchange) pretty much all fiat currencies. One of the biggest differences between bitcoin and the dollar when talking about value(in general) is that bitcoin's total supply can't be printed/inflated at will; in contrast to the US dollar whereas Jerome Powell of the federal reserve is going full on BRRR[1] on the US dollar.




[1] https://brrr.money/
totally agree with you sir and also thanks to you for making us understand things like that....also bitcoin can not be controlled by any of the particular government at will which also makes it unique from other currencies