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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Hank Scorpio who wrote (14948)12/21/2022 2:15:47 PM
From: Sun Tzu  Read Replies (1) | Respond to of 26485
 
Bitcoin is a fiat currency and is worth for the same reasons that any other fiat currency is worth anything.

I agree with you that blockchain is a great invention. I think that ultimately the global reserve currency will be a blockchain stablecoin that is tied to a basket of currencies and commodities. We are likely about a decade away from that. But I see it as inevitable.