>but at the least, given what you said, it won't become a dead currency/stock (for a long time anyway).
There is no grantee of that with something as volatile as bitcoin. All it takes is the people playing the market getting burned one to many times and saying fuck it. This could happen tomorrow or never.
I really can't think of any investment as risky as bitcoin.
> I really can't think of any investment as risky as bitcoin.
Oh, that's easy. Short-sell some overpriced darling stock like Tesla Motors or Amazon or something and watch the market remain irrational longer than you remain solvent. :)
There is no grantee of that with something as volatile as bitcoin. All it takes is the people playing the market getting burned one to many times and saying fuck it. This could happen tomorrow or never.
I really can't think of any investment as risky as bitcoin.