Comments by "SAL" (@SAL-fs1mr) on "CNBC"
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@ionsoroceanu76 Bitcoin is still in a growth phase where there are people who use it as a store of value AND those who speculate on it. There are plenty of examples of first buyers of bitcoin who already sold out, but bitcoin continues to work just fine, so you should try to dig deeper to get a better understanding of what makes bitcoin truly valuable. money is supposed to be a means of accepting payment, storing value, and spending (so no, not just spending). People will have to spend their saved up bitcoin at some point because there are always expenses that can't be delayed (food, rent, medical costs, etc etc). Recently, Microstrategy bought over $400 million worth of bitcoin because it is clear that "cash is trash" as billionaire Ray Dalio teaches. even warren buffet is having to acknowledge that cash is going to inflate at a much faster rate in the coming few years, so be prepared.
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