Why does anything have value?
Commodities have value because of utility
Old baseball cards because of rarity
The US Dollar because of the full faith and credit of the USA.
Bitcoin has utility and rarity - only 21 million in existence
Real Estate, Gold, Coins, the number that pops up when you open your bank account app. All have value.Why does anything have value?
Commodities have value because of utility
Old baseball cards because of rarity
The US Dollar because of the full faith and credit of the USA.
Bitcoin has utility and rarity - only 21 million in existence
Anything in life requires a dope to buy it. Remember.....any time you buy something, you're the dope!chipwhich gets it warren buffet said it you could try n seel me all crpto in the world for $25 and i would say shove it
WHY? Because you have to find a dope to pay more for it then what you bought it for and always haering changing wallets all the time
i know true story some dope walked into car dealership with only crypto and bad credit rating to boot
mgr said what? What? the whole sales team was rolling on the floor
The difference comes when you look at which are income producing and which aren't.Real Estate, Gold, Coins, the number that pops up when you open your bank account app. All have value.
Which of those disruptive technologies were you able to invest in? Not the companies in that space, the technology itself.Disruptive technology. We've lived through several - the home computer, the internet, cell phones and the smart phone. All were panned at some point as a fad. Some official once said the internet would never be better than a fax machine.
Some are. Some aren't, but the value isn't in the ability to produce the income.....but you know that.The difference comes when you look at which are income producing and which aren't.
Which of those disruptive technologies were you able to invest in? Not the companies in that space, the technology itself.
It absolutely is to me. I'm not a speculator.Some are. Some aren't, but the value isn't in the ability to produce the income.....but you know that.
It absolutely is to me. I'm not a speculator.
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