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 

Bitcoin is sure being seen as a store of value by the younger generation, we'll just have to wait and see how much it is adopted by the general public!

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What is your opinion on the investment value of Bitcoin?

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.