Post
Topic
Board Economics
Re: Better Money: Gold, Fiat, Or Bitcoin?
by
AVE5
on 22/05/2024, 07:55:49 UTC
Listen what this Austrian Economics / Mises Institute author of a book titled Better Money: Gold, Fiat, Or Bitcoin? says here:

https://youtu.be/g7vI957pg7U&t=2597

Quote from: author of «Better Money: Gold, Fiat, Or Bitcoin?»
I don't see any reason to think that the price of Bitcoin is going to be predictably higher in the future.
🤦‍♂️

If I'd say according to what he said of the improbabilities that the price of bitcoin would be predictable to roar higher or depreciating.
I literally doesn't sense any sentiment on that comment because to me, it states obviously that bitcoin is a volatile currency and can't be predicted.
Although while considering the influence of bitcoin price in the future, I see every tendencies that it'd keep to rise but yet I can't predict if its specific value and can't tell if it'd surge to a specific maximum value. I can only assure that bitcoin price can never be dropped to valueless price even in the future.