Post
Topic
Board Economics
Merits 1 from 1 user
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
Ambatman
on 20/06/2025, 14:21:45 UTC
⭐ Merited by JayJuanGee (1)
bitcoin is the best money right now but what if after some time this will change? silver was once more popular than gold then lost its position. the british pound was once mightier than the US dollar but everything changes. of course bitcoin is still too young and has space to develop but in the crypto world everything can change so quickly that sometimes it's difficult to make long-term forecasts.
Popular isn't best. Historically Gold has always and still is more valuable than silver
Due to its cheaper nature it was more popular since Gold was reserved for royalties.
The pound and US dollar doesn't have mightier just that one held on against the other more against inflation
Thanks to Gold.
They are both depreciating asset. Their power boils down to their nation economic strength itself.


I'm not saying Bitcoin is the perfect form of money or can't be surpassed
But with current alternative, I don't see it happening.
Like Gold, I expect it dominate for a millennia
As long as it doesn't fail itself, I don't see any money beating it.