Colleagues vs BTC
I have colleagues at work who have very conservative views when it comes to cryptocurrency, specifically BTC (because it’s what I express interest in as I own a small amount).
Their rebuttal is that, ‘every transaction is 100% traceable’, and essentially that fiat currency is king. I have made the distinction that BTCs value comes in part from its market cap and that BTC printer don’t go BRRRRR - but was met with, “Yes - well that’s like saying, look at this dirt. It will always hold its value because there cannot be more created, only this finite amount will ever exist”.
Meanwhile these same colleagues think of peaks and plummets in the stock market and major crashes as simply commonplace and of no concern. I feel legitimately out of place and as though they take me for some sort of evangelist whenever I express my interest in crypto.
Not really looking for advice, just needed to vent. As I said, I have a small amount invested in BTC so I wouldn’t lose sleep if I lost it all tomorrow. I’m of the belief that innovation drives today’s economy and that fiat will be worth much less in the years to come.
Just my $0.02.
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from Bitcoin - The Currency of the Internet https://ift.tt/2WlSGTp
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