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Comments by "" (@ericp1139) on "Everyone should have 1% of their assets in bitcoin: Virgin Galactic chairman" video.
There is a difference between a “safe haven” and an uncorrelated asset. The term, “digital gold” is a misnomer.
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TheM0joDoj0 most crypto is junk, but Bitcoin is the only one that is truly decentralized. If you can’t wrap your head around how revolutionary that is, well, we can’t help everybody.
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willinton06 if there’s no point or value, then why is the government trying to tax it?
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Koala Bear because Bitcoin is the only one that is decentralized. All the other altcoins have a figurehead or company behind them, so they are not truly decentralized. Nobody is behind or controls Bitcoin, so there’s nobody a government can go after.
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TheM0joDoj0 what about in 2016?
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Sanjip Singh like gold?
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willinton06 ain’t our job to convince you to buy bitcoin. If you want to sit out, then that’s your decision. But you’re probably doing others a disservice by steering them away due to your biases.
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G Smith Bitcoin follows a relatively consistent pattern. If the trend stays in tact, those figures are possible. But nobody knows how long that trend will remain in tact.
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Greg Rymer zoom out by years; not hourly.
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Andre Salazar Schiff sells gold, Buffett sells stocks, Musk sells cars, etc.
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Andre Salazar can you touch your bank account or stock portfolio? What about your 401k or Roth IRA?
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Andre Salazar Bitcoin is blockchain. It certifies itself. You can always print a paper wallet if you want something to touch. And you’re the one that mentioned tangible things. You can’t touch an email address or YouTube account, so are those real?
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James like the guy said, it’s an uncorrelated asset; never mentioned safe haven.
1