[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 57 KB, 1200x1200, IMG_3781.png [View same] [iqdb] [saucenao] [google]
56821112 No.56821112 [Reply] [Original]

Most anons just want to cash out and don’t believe bitcoin will be a viable cash alternative in the future. a what does biz think? I’m talking about the high IQ anons, not the low IQ pajeets, vlads and juans.

>> No.56821116

ok boomer

>> No.56821124
File: 99 KB, 1024x1104, 1700764959046770.jpg [View same] [iqdb] [saucenao] [google]
56821124

>>56821112
Bitcoin will be a cash alternative in the future. Bitcoin will be accepted as currency for transactions with retailers and peer to peer.

>> No.56821127
File: 80 KB, 1604x993, Bearish.jpg [View same] [iqdb] [saucenao] [google]
56821127

>Most anons just want to cash out and don't believe Bitcoin will be a viable cash alternative in the future.
It won't.
BTC is an investment or hold, not a cash alternative.
XLM is a cash alternative.
BCH is a cash alternative.
LTC is a cash alternative.
Fast tokens, low fees.
But even then, none of them will ever be used as a cash alternative.

>> No.56821196

>>56821112
I think BTC will end up mainly becoming a payment system between governments, companies, billionaires, and as such, yes, a very good long time deflationary investment. I think that other crypto will be used as a viable cash alternative.

>> No.56821198

> Is Bitcoin (Ticker: $BTC) actually a good long term investment?
No.

>> No.56822279
File: 258 KB, 500x667, 174530.png [View same] [iqdb] [saucenao] [google]
56822279

What's this dude's endgame? He's just going to keep buying up my BTC no matter what price I sell it?