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Originally Posted by Webmaster Advertising
The value of *any* currency changes from day to day too so that isn't really a good comparison imho.
I'm sure when credit cards were originally introduced people said the same thing... Have all your money on a piece of plastic, I'm sure something bad is going to happen with that...
Do I have a vested interest in Bitcoin? Yes. I want to see the value go through the roof, but that is based on what I currently have in my wallet, in bitcoin stocks and other intangible assets, my initial investment was made back in 2 weeks of depositing when BTC started to fluctuate wildly, as well as regular monthly withdrawals of pure profit since right now I'm riding on 'free' money (once withdrawn) so if BTC drops or raises I don't really care, I got out much more than I put in anything above and beyond that is gravy.
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the value of currency changes against other currencies but not so much within itself. i can go into the store and buy a loaf of bread today for 1.99, i can do the same 2 months from now. if i buy with bitcoin, i might of paid 2.99 for something worth 1.99 or .99 for something worth 1.99...all in the same day. sure the loaf of bread might go up .32 cents within the year but its not comparable. as for the credit card comparison...well i guess you missed the key word...credit. its not someone's actually money. i'd like to see bitcoin not be used for investment buy/sell purposes but actually commerce. that's what it was meant for, that's what it should be used for. if you kicked out everyone who bought for investment reasons, it would be worthless because next to no one is using it for its actual purpose.