Fair point. Bitcoin is a precious metal without intrinsic value :) You can argue for the other points in this circle, but really the thing it's closest to is some sort of gold/silver that you can't use for anything…
For the financial arguments: Treat BTC as if it was in the "precious metal" asset class, but digital. Volatility is still an issue, but it's still a pretty new technology. As a technology, I agree that it's not that…
Fair point. Bitcoin is a precious metal without intrinsic value :) You can argue for the other points in this circle, but really the thing it's closest to is some sort of gold/silver that you can't use for anything…
For the financial arguments: Treat BTC as if it was in the "precious metal" asset class, but digital. Volatility is still an issue, but it's still a pretty new technology. As a technology, I agree that it's not that…