Quote:
Originally Posted by jscott
You've been calling Bitcoin a speculative currency for how many years? It's designed to increase in value against inflating fiat currencies. Zoom out and learn the economics behind it  |
Anything what changes value so rapidly is speculative. Dont want to be speculative, then have it either fixed or low value change as regular currencies are doing it. Also what i noticed, it seems Bitcoin replaced gold as main speculative commodity which used to be way overpriced but now keep falling.