Quote:
Originally Posted by opinionist
Buying Bitcoin is like going into a casino. You buy plastic chips that have no intrinsic value and gamble on the volatility. When you leave the casino, you convert it back into dollars so you can buy things outside the casino.
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I’d rather have the casino chips. They have a face value and a counterparty with an obligation to cash them in for you. With Bitcoin, you’re digitally searching for a greater fool who is willing to buy them from you.