Einstein is correct, about the universe and about humans, the former might be infinite, and latter definitely boundless, and
you are correct about bitcoin, that it is entirely and only based on sentiment, a/k/a acceptance, by people and by people who manage companies
And now you have summed up the magic, or hope re bitcoins
For now i count on boundless human stupidity, until some other bitcoin price point.
Am definitely not going to defend merit of bitcoin relative to operating companies, rental real estates, platinum, operating mines, etc etc
Am saying bitcoin, for the many reasons stated earlier, might just do what folks say it might do, get to US$ 140,000 or 300,000, or zero. The upside / downside seems good enough, all sentiment, and just a price.
Crazy, I know. |
