Quote from: witcher_sense on November 02, 2020, 08:52:29 AM

Quote from: KingsGambet19 on October 30, 2020, 01:43:44 PM

Most of the members here will say yes but bitcoin is not needed unless you want to earn or lose your money. Bitcoin is a form of gamblmg that if you are new you can have high chances to lose money and that benefits others as it comes to them as profits right?

No, no, you have got it all wrong.

Bitcoin is not the way to earn or lose your money. It is money and exists despite all other money and the opinions of other people.

Whether or not you need bitcoin, it still doesn't care and continues to be what it is coded to be.

Gambling is one of the use cases of bitcoin, not the process of earning it.

When you invest in Bitcoin, you have a high chance to protect your money from inflation.

And finally, when you lose your keys and, at the same time, access to your money, you are contributing to the bitcoin economy by making bitcoin more scarce, valuable, and desirable for others.

Yeah I agree with you the bitcoin supply is limited this is why it is good to buy bitcoin even if its current market is high because we do not know when will be the ATH or it will only continue to rise due to the fact that more and more people know about bitcoin and bitcoin has limited supply. Scarcity of bitcoin is possible so now with bitcoin it is best to hold it and sell some of it instead of all bitcoin holdings because we do not know what would be the exact bitcoin ATH.