Post
Topic
Board Speculation
Re: I am done with Bitcoin!
by
Hfleer
on 17/08/2014, 04:24:28 UTC
my investment

This is one of the big problems I see. Lots of people think Bitcoin is some kind of "investment scheme", it's not. Would you "invest" your money by depositing it into PayPal? Bitcoin is a replacement for PayPal. Use it just like you would PayPal. If you need to accept or send a payment to/from someone over the internet, then use bitcoin. Buying bitcoins to speculate on the value is gambling, not investing.

ps. I'm not blind, I was just speaking generally as I continually hear people refer to their bitcoin "investment".

In this (bad) analogy, Bitcoin is akin to owning stock in PayPal pre-IPO.  So yes.  I would invest.

-B-

Yep, that is a good comparison. We own a share in the most efficient payment network in the world!