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This guy has overdosed on hopium and is literally brain dead.

“Bitcoin is very volatile, but the rewards are risk-adjusted, I think,” Lee said.

I more crypto-speak babel... he doesn't even know what he said.

This guy has overdosed on hopium and is literally brain dead. >“Bitcoin is very volatile, but the rewards are risk-adjusted, I think,” Lee said. I more crypto-speak babel... he doesn't even know what he said.

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[–] • 1 pt

The one thing that I am (and everyone should be) pretty sure of is that in 15 years it will either be worth many magnitudes what it is now, or it will be worth close to zero.

[–] • 1 pt

Yeah, but it depends on how you define what it's worth. Like, what if the government currencies (such as the Dollar and Euro) become extremely devalued, and the world goes into hyperinflation? Then a bitcoin could be exchanged for say, millions of dollars, but might not actually be worth so much more than it is now in real terms --while the dollar would be worth much less. (By the way, I believe that this is already occurring to some degree).

[–] • 0 pt

I meant it will be able to buy goods that tens of millions of dollars could currently buy. I know it sounds far fetched, but it sounded like that when it went to $100, then $500, then ... I sold a lot at $2... I even mined at least one block without a pool back in the day. At least i have my health.

[–] • 0 pt

I didn't get in that early, but I did try to run a full node for awhile. Also cashed in about half of what I had, back a few years ago when it was about $400/BTC, because I didn't want to take on debt. If I had used a credit card instead and held the BTC I could have paid it off several fold by now. Oh, well.....