Post
Topic
Board Economics
Re: Why the duck is btc at 13.526,98 USD ?
by
coolcoinz
on 31/10/2020, 17:25:44 UTC
Why the duck is btc at 13.526,98 USD ?
I honestly just don't understand bitcoin as a financial instrument/asset ,all financial books tell me that i should never buy bitcoin ..bitcoin it's mind f...king

The answer is really as simple as it can be. It's because of the demand and you are asking about it precissely because you don't understand it as a financial instrument.
How can I better explain to you why somebody is willing to pay x number of USD for decentralized, unseizable, deflationary and easy to hide form of money?
Quote
if btc goes 20k Warren Buffet is dead to me ...

To be honest, Warren is already a walking relic of the 20th century.