Quote from: suzanne5223 on Today at 01:28:46 PM

Quote from: Jating on Today at 10:55:03 AM

Quote from: Pacific10 on Today at 10:07:59 AM

It is often said that Bitcoin is a hedge against uncertainty. And that's it.

As compare to gold? Bitcoin hasn't been tested as a good hedge against uncertainty though. Hedge mean that an asset that can't easily affected or influence by the market. And we know that bitcoin is very unstable and be definition can't be a 'true hedge'. As compare to let's say gold, it's been tested, specially in ww2.

On contrary, Bitcoin have been tested as hedge against uncertainty several times when the government wants to ban it and the strength it posed during the pandemic which was what also captivate people like Kiyosaki.

Quote from: Jating on Today at 10:55:03 AM

And btw, bitcoin is predictable? it became a speculative asset and obviously, it is not predictable. Have you seen the crash in the last 24-48 hours? totally unexpected.

Every investment has its own risk involve even Gold and if you're investors that follow the whale's movement you'll notice that there some dump going on.

I guessy their minds are more fixed on the volatility (which can easily be fixed if the community want to) rather than the technology or the Bitcoin network/system. The decentralization and other important features it offers is awesome. The price hardly interest me.,though I hope it becomes better eventually.