Excellent point. All I am saying is because its value is based on speculation (and perhaps its use in criminal activities) its exchange value with the dollar will inevitably fluctuate (and eventually plummet) which means it is not money. It is like any other asset. You can exchange stocks for cash as well, Or even guns. That does not make them currency. Other than the technology aspects it is just like tulips in Holland in the 1600s or like Planters Bank of Tennessee notes in he 1850s.
I see what you mean and appreciate your thoughts on it.
I don’t own any yet but I am entertaining some ETF purchases in the near future.
Stickfight and xxclaro have provided some in-depth explanations here at The Campfire in the recent past. It’s good reading.
