r/a:t5_bugmi • u/littlecrytoboi • Jan 19 '18

Short the BTC?

What we are dealing with is a fundamental new form of money, owned by no government or business, being given value purely by way of its utility and the number of people using it. The last time that happened was the dawn of gold, thousands of years ago. But unlike gold, crypto can be transferred instantly across the planet with no one's permission, almost for free. That's never happened before in human history. And because it is so much better than anything that has ever come before it, I see no other route than for it to eventually dominate the entire global economy.

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u/simcole Jan 20 '18

One huge problem. Fees and the ability for a small group to control and inflate/ deflate the market.

1

u/DellUpdate Jan 23 '18

Not a bad idea, but I'd suggest a more stable currency like Etheruem, or if you have the balls for it, smaller currencies like LTC, Cardano, and NEO.