Post
Topic
Board Economics
Re: Why is cryptocurrency bullish in the long-term
by
Silberman
on 12/07/2021, 20:46:18 UTC
Indeed. I think most of our old men are stuck on that kind of view. Traditional view.
Even if they don't trust the government, it's just the simplest way to invest with no trouble which is wrong.

Investments should always have their risk. Bitcoin has risk, no doubt.
But, it had been years and it's still getting more valuable so I guess that answers how much risk were lowered because of the trust that is obtained from its followers. Here's the good part, it's growing.
What we see is a great amount of misinformation given by the government and since people are naive they believe whatever they are told, but for those that take the time to actually make their own research bitcoin immediately comes up as one of the best if not the best form of money we have available right now, this makes bitcoin valuable and if anything it will get more and more valuable as governments keep printing money thinking they can get away with it forever, but soon enough they will discover this is not the case anymore but by then it will be too late.