Post
Topic
Board Economics
Re: Better Money: Gold, Fiat, Or Bitcoin?
by
bSpend
on 28/05/2024, 22:46:07 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.
🤦‍♂️
And to be honest with you, I also don't see any reason why this comment should be getting a thumbs down from you, it's important for us to understand that the crypto market is a free one, predicting the future price of bitcoin is completely free and each and every one are at liberty of stating their minds/what they think the future price of bitcoin would be.
While I realistically believe that the price of bitcoin will be incredibly more expensive in the future, I believe that there is nothing wrong if I come to say that the price of bitcoin will fall back to $1000 in five years to come, it's my opinion and I expect ya all to respect it, if in the future, it turned out that the price of bitcoin continued to grow, far from what I predicted, it's my shame and me alone will bear it.

So, let's learn to respect people's opinion when it comes to predicting the price of any cryptocurrency, their opinion doesn't drive the market and thats what we should be thankful of.