Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is like a losing lottery ticket
by
Antithesis
on 13/09/2021, 19:46:27 UTC
https://youtu.be/52DuIE1-tJY

The linked video explains the difference between traditional financial instruments and bitcoin. Traditional are redeemable, while bitcoin is not. Which makes bitcoin equivalent to a losing lottery ticket. Or, similar to a stock of a bankrupt company, a currency of a former county or a casino token of a bankrupt casino.

Not really for sure. I do think there is a lot of definitions that you are ignoring themselves right by now. Lottery tickets are unexpected, sudden, not even as a further as well. Bankrupt casino?? I don't really think it works like this for sure. You have to do research on it for sure.

Redeemable ?
I do not think that might work out the way you would have expected it to, since nothing is non redeemable you have to work hard for it hands down. It's the same for both traditional currencies and cryptocurrencies as well.
You gave the opinions about some points not related to this topic. Watch the video. I don't know what you are talking about.