RE: Could bitcoin be a good long term store of value just because we say it is?

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Could bitcoin be a good long term store of value just because we say it is?

in bitcoin •  7 years ago 

@jrcornel This is a great piece on not just bitcoin, but the concept of fiat money overall!

What makes Bitcoin unique is a lack of a centralized bank; and you did a fantastic job explaining how the market for the currency is based strictly on supply and demand.

I am part of an economics class that is using Steemit to learn about currency exchange, and this post helped a bunch! :)

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7 years ago by

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