RE: Ron Paul's Liberty Report: Bitcoin vs Gold vs Fiat

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Ron Paul's Liberty Report: Bitcoin vs Gold vs Fiat

in bitcoin •  7 years ago 

What is your opinion on the investment value of Bitcoin?

bitcoin
7 years ago by

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      ·  7 years ago 

    I feel that an element of it is a little bit of a promise. There is a willingness and trust to believe in what blockchain can deliver. However we will get to a point where a critical mass of mainstream adoption is required.

    If rampant energy consumption and speed become big issues, then we could see that faith falter. Which is why I wouldn't to have my money locked in for ten years. It has the potential to go either way at any time, boom or bust, and you've got to be responsive to be able to react to that.

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