Post
Topic
Board Speculation
Re: Bitcoin is not expensive
by
ivankoh
on 24/09/2024, 00:00:13 UTC
Actually, when looking at the value of bitcoin, they will immediately judge it as "expensive" but conceptually, bitcoin is a scarce asset, limited in supply and cannot be produced anymore, so in essence, bitcoin is cheap. You cannot judge the value without referring to the nature of that asset. Bitcoin is an asset that increases in value over time, not an asset that decreases in value over time like cash. Lol