One of the main attractions to the investor

is it is a currency that can't be devalued by a government in the way the US dollar can by printing more money. There is a finite supply.

Even large companies that are sitting on a ton of cash see their cash losing value. Microstrategy converted their cash to bitcoin and became a bitcoin play to investors. Their total investment of just over a billion is worth just over $2B now.

I also have an employee that as of end of October was sitting on about $1M that is worth about $2.5M now, even after the latest selloff. He thinks it is heading to at least $0.5M per bitcoin. It isn't for the faint of heart.

In response to this post by Dogbert

Posted: 01/12/2021 at 4:09PM

Can anyone point my to a truly good explanation re: Bitcoin, Pay Pal.... -- Dogbert 01/12/2021 2:19PM

It is simple -- MrBayAreaHokie 01/12/2021 10:41PM

There is an article today or yesterday the Fed is upset with bubble talk -- lchoro 01/12/2021 3:33PM

Governments usually frown on currency competitors -- bigbadbird 01/12/2021 3:23PM

Max Keiser on Bitcoin: Come for the greed. Stay for the revolution. -- VTDante 01/13/2021 12:58PM

What would u like to know? Explanation for volatility? ** -- ColoVT82 01/12/2021 3:23PM

Yes. To me, Bitcoin has always smelled like Enron... -- Dogbert 01/12/2021 3:39PM

I pass here on vax. Bitcoin exists where? Ans: on servers somewhere -- ColoVT82 01/12/2021 6:01PM

One of the main attractions to the investor -- No Clue 01/12/2021 4:09PM

That kinda explains Weimar speculators like it. ** -- Dogbert 01/12/2021 4:31PM

I also never invest in anything I don't understand -- EDGEMAN 01/12/2021 3:44PM

Agreed. That why I x-ferred my 401k into a lottery tickets fund. -- Dogbert 01/12/2021 4:03PM

You are asking for something that is impossible to deliver. ** -- vtbones 01/12/2021 3:05PM

One of the main attractions to the investor

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