Post
Topic
Board Bitcoin Discussion
Re: Be rich sheeple or free people, what's your choice?
by
Vaskiy
on 18/09/2023, 17:48:43 UTC

No middle way, no trick, no further questions, no this or that, your choice and tell me why this and not that!

It's a shame that you limit it so that there is no middle way between the two options. Even though genies usually give 3 wishes, not two. But this seems like a different genie  Cheesy

Of the two choices you gave, maybe I prefer the second. After all, bitcoin is freedom, even though its value has increased 1000x from the current price but suddenly my bitcoin was confiscated by the government which is very serious because a 1000x price increase is meaningless if the bitcoin we have is confiscated. And after all, freedom has a price that is more expensive than anything else

Many people also choose the second option like you, but I want to know if that is everyone's honest answer? As far as I can see, people love bitcoin and invest in it because of its volatility. Volatility gives us the opportunity to make profits and many people also admit that if bitcoin becomes stable. Bitcoin will be boring and maybe they will find an alternative investment. That shows people are more interested in bitcoin profits than any other utility. But in this topic, people choose freedom and privacy over profit, this really confuses me.
People just for conversation will say that they're much attracted by the technology, decentralised functioning, privacy and other features. The reality is the growth and the profit it can provide in comparison to other forms of investment. Rather than volatility it is the increasing price that attracts people. Volatility will be known later when people have made their involvement into the market and leanrs to profit out of the volatile market. It is true, if bitcoin stay stable automatically the usage will decrease drastically.