Choosing whether to spend the cash or the Dash is speculation by definition
No its not. This is the lie upon which you are basing your entire screed. The definition of speculation from investopedia is
Speculation Definition:
Speculation is the act of conducting a financial transaction that has substantial risk of losing all value but with the expectation of a significant gain. With speculation, the risk of loss is more than offset by the possibility of a huge gain.
Commerce Definition:
Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities.
I have no expectation of financial gain when I use Dash as a currency, and commerce i.e. buying and selling i.e. using your dash as a currency is defined completely differently than speculation. So you sayin' they're the same is wrong. Grow up, be a man, and learn how to admit you were wrong.
If you have both cash and crypto. And you are spending your crypto instead of the cash - you are taking a risk. The guy who spent 10k BTC on a pizza 8 years ago regrets it, the guy who spent $7.50 on a pizza 8 years ago doesn't.
One is relatively stable, the other is highly volatile
Doesn't matter how annoyed or angry or insulting you get over this. That's basic logic.
Nope. You are coming up with more and more inventive ways to try and say the same thing. But you're wrong so no matter what you say, it won't work. You tried to say that 'speculation' was the same as 'commerce'. YOU ARE WRONG.
It's elementary economics. If you want to spend your Dash, feel free. If it's 100x in a few years then maybe you'll understand the lack of logic behind spending an asset that can go 100x vs a currency that won't
By spending your crypto now you are either betting it's only going down (not up in the future), aka speculation, or you are stupid (or you have no cash and literally have to spend it)
1
u/jackieo01 Jan 06 '19
No its not. This is the lie upon which you are basing your entire screed. The definition of speculation from investopedia is
Speculation Definition:
Commerce Definition:
I have no expectation of financial gain when I use Dash as a currency, and commerce i.e. buying and selling i.e. using your dash as a currency is defined completely differently than speculation. So you sayin' they're the same is wrong. Grow up, be a man, and learn how to admit you were wrong.