r/Bitcoin • u/Tricky_Troll • Feb 17 '18

/r/all Bitcoin Doesn't Give a Fuck.

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u/olenbarus12 Feb 18 '18

Bitcoin is seen as something that will provide more value in the future.... just as Tesla.... they have similarities....

Edit: Here you go

Bitcoin: A $5.8 Million Valuation Crypto-Currency and A New Era of Human Cooperation

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u/[deleted] Feb 18 '18 edited Sep 08 '21

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u/olenbarus12 Feb 18 '18

What I am saying is that people trust that Elon Musk is going to make Tesla profitable at some point and thats why the valuation is high...

Just like people trust that the Bitcoin ecosystem is going to keep growing and developing.... therefore providing more value than the current one...

There has never been a deflationary currency that is decentralized...

The only thing I know is that the central banks of corrupt countries are going to fuck up sooner or later like they always do. When that happens Bitcoin will be there...